Soluna Holdings (NASDAQ: SLNH) director sells preferred stock in August
Rhea-AI Filing Summary
Soluna Holdings, Inc (SLNH) director William P. Phelan reported selling shares of the company’s 9.0% Series A Cumulative Perpetual Preferred Stock (SLNHP). He sold 5,000 shares at $11.66 per share on August 24, 2026 and 8,843 shares at $12.29 per share on August 21, 2026, all held directly. The filing does not state his post-transaction holdings, and the transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,843 shares
Net Sell
2 txns
Insider
Phelan William P
Role
Director
Sold
13,843 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 9.0% Series A Cumulative Perpetual Preferred Stock | 5,000 | $11.66 | $58K |
| Sale | 9.0% Series A Cumulative Perpetual Preferred Stock | 8,843 | $12.29 | $109K |
Holdings After Transaction:
9.0% Series A Cumulative Perpetual Preferred Stock — 86,233 shares (Direct)
Key Figures
Shares sold on 2026-08-24: 5,000 shares
Shares sold on 2026-08-21: 8,843 shares
Total shares sold in reported transactions: 13,843 shares
+2 more
5 metrics
Shares sold on 2026-08-24
5,000 shares
Sale of 9.0% Series A Cumulative Perpetual Preferred Stock at $11.66 per share
Shares sold on 2026-08-21
8,843 shares
Sale of 9.0% Series A Cumulative Perpetual Preferred Stock at $12.29 per share
Total shares sold in reported transactions
13,843 shares
Aggregate sellShares in transactionSummary across both reported sales
Price per share on 2026-08-24
$11.66 per share
Sale price for 5,000 preferred shares on August 24, 2026
Price per share on 2026-08-21
$12.29 per share
Sale price for 8,843 preferred shares on August 21, 2026
Key Terms
9.0% Series A Cumulative Perpetual Preferred Stock, Cumulative Perpetual Preferred Stock, Sale in open market or private transaction
3 terms
9.0% Series A Cumulative Perpetual Preferred Stock financial
"Security title: 9.0% Series A Cumulative Perpetual Preferred Stock"
Cumulative Perpetual Preferred Stock financial
"9.0% Series A Cumulative Perpetual Preferred Stock"
A cumulative perpetual preferred stock is a share that acts like a long-lasting hybrid between a bond and a dividend-paying stock: it promises regular fixed payments that, if missed, accumulate and must be paid later before common shareholders get dividends, and it has no set maturity date. Investors care because it can provide steady, higher-priority income similar to interest, but with limited capital upside, sensitivity to interest rates, and the risk that payments can be delayed even though they continue to accrue.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What did Soluna Holdings (SLNH) director William P. Phelan report on this Form 4?
He reported two sales of Soluna Holdings’ 9.0% Series A Cumulative Perpetual Preferred Stock (SLNHP), totaling 13,843 shares, executed in open market or private transactions on August 21 and 24, 2026, from his direct holdings.
Which security of Soluna Holdings (SLNH) was involved in William P. Phelan’s reported transactions?
All transactions involved Soluna Holdings’ 9.0% Series A Cumulative Perpetual Preferred Stock, designated as SLNHP. Both reported trades were sales of this non-derivative preferred equity security held directly by William P. Phelan.
Were William P. Phelan’s sales of Soluna Holdings (SLNH) preferred stock under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox as false, meaning the reported transactions were not affirmed as made under a Rule 10b5-1 trading plan.
Does the Form 4 state William P. Phelan’s remaining holdings of Soluna Holdings (SLNH) preferred stock?
No. For both reported sales, the field for total shares following the transaction is blank, so the filing does not disclose William P. Phelan’s remaining holdings of the preferred shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
