Soluna (SLNH) HR chief sells 6,600 preferred shares at $10.80
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Soluna Holdings, Inc. Chief People Officer Mary Jennifer O’Reilly reported an open-market sale of 6,600 shares of the company’s 9.0% Series A Cumulative Perpetual Preferred Stock at $10.80 per share on June 8, 2026. After this sale, she directly holds 6,800 preferred shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,600 shares ($71,280)
Net Sell
1 txn
Insider
OReilly Mary Jennifer
Role
Chief People Officer
Sold
6,600 shs ($71K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | 9.0% Series A Cumulative Perpetual Preferred Stock | 6,600 | $10.80 | $71K |
Holdings After Transaction:
9.0% Series A Cumulative Perpetual Preferred Stock — 6,800 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 6,600 shares
Sale price: $10.80 per share
Shares remaining: 6,800 shares
+1 more
4 metrics
Shares sold
6,600 shares
Open-market sale of preferred stock
Sale price
$10.80 per share
Price for 9.0% Series A preferred
Shares remaining
6,800 shares
Direct preferred holdings after sale
Net insider share change
-6,600 shares
Net buy/sell direction is net-sell
Key Terms
9.0% Series A Cumulative Perpetual Preferred Stock, open-market sale, non-derivative, Form 4
4 terms
9.0% Series A Cumulative Perpetual Preferred Stock financial
"9.0% Series A Cumulative Perpetual Preferred Stock"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Soluna Holdings (SLNH) disclose in this Form 4?
Soluna Holdings reported that Chief People Officer Mary Jennifer O’Reilly executed an open-market sale of 6,600 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock. The transaction was recorded as a sale and reflects a reduction in her direct preferred share holdings.
What is Mary Jennifer O’Reilly’s remaining preferred stock position in Soluna (SLNH)?
Following the reported transaction, Mary Jennifer O’Reilly directly owns 6,800 shares of Soluna’s 9.0% Series A Cumulative Perpetual Preferred Stock. This figure represents her remaining direct holdings after the sale of 6,600 preferred shares disclosed in the filing.
What type of security was involved in the Soluna Holdings insider sale?
The transaction involved Soluna Holdings’ 9.0% Series A Cumulative Perpetual Preferred Stock. This preferred security pays a stated 9.0% rate and is classified as cumulative perpetual preferred, meaning dividends accrue if unpaid and the shares have no set maturity date.
Was the Soluna insider transaction an open-market sale or another type of trade?
The Form 4 classifies the transaction as an open-market sale of non-derivative securities. The sale code is “S,” with the description indicating a sale in the open market or a private transaction, rather than a grant, option exercise, or tax-withholding event.
Does the Soluna Form 4 show any derivative securities activity for this insider?
The Form 4 does not report any derivative security transactions for Mary Jennifer O’Reilly. The derivativeSummary section is empty, indicating no option exercises, warrant transactions, or other derivative events were disclosed alongside this preferred stock sale.