Soluna Holdings (NASDAQ: SLNH) CPO awarded 726,401 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OReilly Mary Jennifer reported acquisition or exercise transactions in this Form 4 filing.
Soluna Holdings, Inc. reported that Chief People Officer Mary Jennifer O’Reilly received a grant of 726,401 restricted stock awards of common stock at no stated purchase price. These awards vest 33% on June 1, 2027, 33% on June 1, 2028, and 34% on June 1, 2029, if she remains in service. Following this compensation grant, she directly holds 1,703,675 shares of Soluna common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OReilly Mary Jennifer
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 726,401 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,703,675 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 726,401 shares
Vesting tranche 1: 33%
Vesting tranche 2: 33%
+3 more
6 metrics
Restricted stock grant
726,401 shares
Grant of restricted stock awards on June 1, 2026
Vesting tranche 1
33%
Vests on June 1, 2027, subject to continued service
Vesting tranche 2
33%
Vests on June 1, 2028, subject to continued service
Vesting tranche 3
34%
Vests on June 1, 2029, subject to continued service
Post-transaction holdings
1,703,675 shares
Total common stock directly held after grant
Grant price
$0.0000 per share
Reported transaction price per share for the award
Key Terms
restricted stock awards, Compensation Committee, vesting, Form 4
4 terms
restricted stock awards financial
"Transaction reported is a grant of 726,401 restricted stock awards representing shares of Common Stock"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Compensation Committee financial
"which were approved by the Compensation Committee"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
vesting financial
"The shares of Common Stock will vest 33% on June 1, 2027, 33% on June 1, 2028, and 34% on June 1, 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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 for Mary Jennifer O’Reilly?
Soluna disclosed that Chief People Officer Mary Jennifer O’Reilly received a grant of 726,401 restricted stock awards of common stock. The grant is compensation-based, carries no stated purchase price, and increases her direct holdings to 1,703,675 shares after the transaction.
What is the vesting schedule for the 726,401 Soluna (SLNH) restricted stock awards?
The 726,401 restricted stock awards vest 33% on June 1, 2027, 33% on June 1, 2028, and 34% on June 1, 2029. Vesting on each date requires Mary Jennifer O’Reilly to remain in the service of Soluna through that specific vesting date.
What are Mary Jennifer O’Reilly’s Soluna (SLNH) holdings after this Form 4 transaction?
After the reported grant, Mary Jennifer O’Reilly directly holds 1,703,675 shares of Soluna common stock. This total reflects the newly awarded 726,401 restricted stock awards in addition to her prior direct holdings, as reported in the Form 4 filing data.
Was the Soluna (SLNH) stock grant to Mary Jennifer O’Reilly approved by a committee?
Yes. The footnote states the 726,401 restricted stock awards were approved by the Compensation Committee. This indicates the grant is part of a formal compensation decision for the Chief People Officer, subject to the specified multi-year vesting conditions.