Perkins Sherrie L 4

What Happened Sherrie L. Perkins, a director of Solana Co (HSDT), received equity awards under the company's 2022 Equity Incentive Plan: 2,180 restricted stock units (RSUs) and a stock option award tied to 23,529 shares. Both awards are reported at $0.00 per share (compensation grants), with a vesting schedule that vested 75% on March 31, 2026 and the remaining 25% scheduled to vest on June 30, 2026, subject to continued service. These were grants/awards (transaction code A), not open-market purchases or option exercises.

Key Details

• Transaction date: March 31, 2026; reported on Form 4 filed April 2, 2026.
• Prices reported: $0.00 per share (compensation grants); total cash paid = $0.
• Awards: 2,180 RSUs and a derivative option award covering 23,529 shares. 75% vested on March 31, 2026; remaining 25% vests June 30, 2026 (service condition).
• Shares owned after the transaction: not specified in the information provided in this summary/Form 4 excerpt.
• Footnotes: F1 describes the RSU grant and vesting schedule; F2 describes the stock option grant and identical vesting schedule.
• Filing timeliness: Form 4 filed April 2, 2026 for a March 31 transaction — appears timely (no late filing flag shown).

Context These entries reflect compensation awards (RSUs and an option grant) rather than an insider purchase or sale. RSUs convert into shares upon vesting; the option award represents the right to buy shares subject to the vesting schedule (this filing does not report any exercise or sale). Compensation grants at $0 are routine for executives and directors and do not by themselves signal open-market buying or selling.