Soluna Holdings (NASDAQ: SLNH) CFO buys 30,000 shares
Rhea-AI Filing Summary
Soluna Holdings, Inc (SLNH) reported that its Chief Financial Officer, Michael Picchi, purchased company common stock in two open‑market transactions. On 2026-08-24 he bought 10,000 shares at $1.14 per share, and on 2026-08-20 he bought 20,000 shares at $1.15 per share, all held as direct ownership. The filing indicates these trades were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
2 txns
Insider
PICCHI MICHAEL
Role
Chief Financial Officer
Bought
30,000 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $1.14 | $11K |
| Purchase | Common Stock | 20,000 | $1.15 | $23K |
Holdings After Transaction:
Common Stock — 1,411,250 shares (Direct)
Key Figures
Shares purchased on 2026-08-24: 10,000 shares of Common Stock
Price on 2026-08-24 purchase: $1.14 per share
Shares purchased on 2026-08-20: 20,000 shares of Common Stock
+4 more
7 metrics
Shares purchased on 2026-08-24
10,000 shares of Common Stock
Open‑market purchase by CFO at $1.14 per share
Price on 2026-08-24 purchase
$1.14 per share
Purchase price for 10,000 SLNH common shares
Shares purchased on 2026-08-20
20,000 shares of Common Stock
Open‑market purchase by CFO at $1.15 per share
Price on 2026-08-20 purchase
$1.15 per share
Purchase price for 20,000 SLNH common shares
Total shares purchased
30,000 shares of Common Stock
Net buy across both reported transactions
Net buy-sell shares
30,000 shares
Transaction summary netBuySellShares for this Form 4
Approximate total purchase value
$34,400
Derived from 20,000 × $1.15 plus 10,000 × $1.14
Key Terms
Common Stock, open market or private transaction, Rule 10b5-1, non-derivative
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox indicating trading plan status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transactions did SLNH CFO Michael Picchi report on this Form 4?
Michael Picchi, CFO of SLNH, reported two open‑market purchases of Soluna Holdings, Inc common stock: 20,000 shares on 2026-08-20 and 10,000 shares on 2026-08-24, both reported as directly owned after purchase.
Were the SLNH insider purchases made under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not checked, and there are no footnotes indicating that the reported transactions were made under a Rule 10b5-1 or other pre‑arranged trading plan.
Does the SLNH Form 4 show any option or other derivative transactions for the CFO?
No. The filing reports only non-derivative transactions in Soluna Holdings, Inc common stock. The derivative section is empty, and the derivative transaction count is 0 in the transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
