Soluna Holdings (SLNH) reports 226,108 restricted stock grant to officer

Rhea-AI Filing Summary

Soluna Holdings, Inc. reported insider equity activity by its Chief Accounting Officer. On December 1, 2025, the officer received a grant of 226,108 restricted stock awards representing shares of common stock, par value $0.001 per share. These awards will vest 33% on December 1, 2026, 33% on December 1, 2027, and 34% on December 1, 2028, subject to the reporting person remaining in the company’s service on each vesting date.

On the same date, a separate transaction coded "F" involved the disposition of 3,412 shares of common stock at a price of $1.63 per share. After the reported transactions, the officer beneficially owns 335,197 shares of Soluna common stock directly. This report amends a prior submission from December 3, 2025 that had incorrectly stated the number of shares beneficially owned after the transaction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Thomas Jessica L.

(Last) (First) (Middle)

C/O SOLUNA HOLDINGS, INC.

325 WASHINGTON AVENUE EXTENSION

(Street)

ALBANY NY 12205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Soluna Holdings, Inc [ SLNH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/03/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/01/2025		F		3,412	D	$1.63	109,089	D
Common Stock	12/01/2025		A		226,108(1)	A	$0	335,197(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Transaction reported is a grant of 226,108 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 December 1, 2026, 33% on December 1, 2027, and 34% on December 1, 2028, in each case subject to the reporting person remaining in the service of the issuer on each such vesting date.

2. On December 3, 2025, the reporting person filed a Form 4 which inadvertently reported the incorrect number of shares of common stock beneficially owned following the reported transaction. In fact, as reported in this amendment, the number of shares of common stock beneficially owned following the reported transaction was 335,197.

	/s/ Christopher Gandolfo, Attorney in Fact	12/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider stock transactions did Soluna Holdings (SLNH) report on December 1, 2025?

Soluna Holdings reported that its Chief Accounting Officer disposed of 3,412 shares of common stock at $1.63 per share in a transaction coded "F" and received a grant of 226,108 restricted stock awards of common stock at a stated price of $0.

How many Soluna Holdings (SLNH) shares does the officer own after these transactions?

Following the reported transactions, the Chief Accounting Officer beneficially owns 335,197 shares of Soluna Holdings common stock directly.

What is the vesting schedule for the 226,108 restricted stock awards at Soluna Holdings (SLNH)?

The 226,108 restricted stock awards vest in three tranches: 33% on December 1, 2026, 33% on December 1, 2027, and 34% on December 1, 2028, in each case subject to the reporting person remaining in the service of the issuer.

Why was this Soluna Holdings (SLNH) insider ownership report amended?

The report was amended because a prior submission on December 3, 2025 inadvertently reported an incorrect number of shares of common stock beneficially owned after the transaction. The corrected number is 335,197 shares.

What is the reporting person’s role at Soluna Holdings (SLNH)?

The reporting person is an officer of Soluna Holdings, serving as the company’s Chief Accounting Officer.