Belizaire John 4
4 · Soluna Holdings, Inc · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Soluna (SLNH) CEO John Belizaire Receives 3.02M Restricted Shares
What Happened
John Belizaire, CEO of Soluna Holdings (SLNH), was awarded 3,018,802 restricted stock awards on 2026-06-01 (grant). At the same time 58,984 shares were disposed/withheld at $1.67 per share to satisfy a tax liability (value ≈ $98,503). The award is a grant (not an open-market purchase or sale) and will vest over three years, subject to continued service.
Key Details
- Transactions reported: 2026-06-01 (grant of 3,018,802 RSAs; tax withholding of 58,984 shares at $1.67/share for ~$98,503).
- Vesting: 33% on 6/1/2027, 33% on 6/1/2028, 34% on 6/1/2029, contingent on continued service (per footnote).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing: Form 4 filed 2026-06-03 (appears timely — within the standard two-business-day reporting window).
- Transaction codes: A = Award/Grant; F = payment of exercise price or tax liability (here, shares withheld to cover taxes).
Context
Restricted stock awards are a common executive compensation tool; the large grant is subject to multi-year vesting and does not imply an immediate market purchase. The withheld/disposed shares reflect routine tax withholding and are not the same as an open-market sale that would signal a decision to liquidate holdings.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+3,018,802→ 7,072,089 total - Tax Payment
Common Stock
2026-06-01$1.67/sh−58,984$98,503→ 7,013,105 total
Footnotes (1)
- [F1]Transaction reported is a grant of 3,018,802 restricted stock awards representing shares of Common Stock, par value $0.001 per share, of the issuer ("Common Stock"), which were approved by the Compensation Committee. The shares of Common Stock will vest 33% on June 1, 2027, 33% on June 1, 2028, and 34% on June 1, 2029, in each case subject to the reporting person remaining in the service of the issuer on each such vesting date.