Thomas Jessica L. 4

What Happened
Jessica L. Thomas, Chief Accounting Officer of Soluna Holdings, was granted 726,401 restricted stock awards on June 1, 2026. The awards were granted at $0.00 per share (no cash paid) and were approved by the company’s Compensation Committee. This is a compensation grant (award), not a market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (filed within the standard reporting window).
• Transaction type/code: Grant/Award (A).
• Shares granted: 726,401; price reported: $0.00 per share (total cash paid = $0).
• Vesting: 33% on June 1, 2027; 33% on June 1, 2028; 34% on June 1, 2029 — vesting contingent on continued service (per footnote).
• Shares owned after transaction: not specified in the filing.
• Footnote: grant approved by the Compensation Committee; vesting schedule as above.

Context
Restricted stock awards are compensatory and vest over time; they do not represent an immediate buy or sell that signals near-term insider sentiment. For retail investors, grants are normal for aligning executive incentives with long-term shareholder value, but they don’t directly change market supply until shares vest or are sold.