STOCK TITAN

Ikezi entities reshuffle and sell Solidion (STI) shares while keeping big stakes

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Solidion Technology Inc. insider Henry Ikezi, through affiliated LLCs, reported a mix of option exercises, open-market trades, and internal transfers in the company’s common stock. FUN Investment Homes LLC exercised Series A Warrants into 214,037 shares at an exercise price of $3.0951 per share, then sold 192,437 shares at a weighted average price of $37.3066 and purchased 2,000 shares at $35.995.

Bayside Project LLC sold 188,951 shares at a weighted average price of $23.4305 on one day and 13,500 shares at $44.8878 on the next, while also buying 24,000 shares across smaller purchases. After its latest reported sale, Bayside Project LLC held 511,310 shares of common stock.

An internal restructuring moved 214,037 shares from Madison Bond LLC to FUN Investment Homes LLC; a footnote states this transfer did not change Mr. Ikezi’s aggregate beneficial ownership. Following the transfer, Madison Bond LLC held 2,544,329 shares of Solidion common stock.

Positive

  • None.

Negative

  • None.

Insights

Ikezi-linked entities show net selling plus warrant exercise and internal transfers.

Entities associated with Henry Ikezi, a more-than-10% holder of Solidion Technology Inc., reported exercising 214,037 Series A Warrant shares at an exercise price of $3.0951 and substantial open-market sales at much higher weighted average prices, alongside some purchases.

The filing’s transaction summary shows net sell activity of 368,888 shares, but the entities still hold large positions, including 2,544,329 shares at Madison Bond LLC and 511,310 shares at Bayside Project LLC. A footnote clarifies that a 214,037-share internal transfer among LLCs did not change Mr. Ikezi’s aggregate beneficial ownership.

Overall, this looks like a mix of liquidity-driven sales, warrant exercise and routine entity restructuring rather than a full-scale exit, since significant holdings remain across the reporting entities. The filing does not reference any pre-arranged Rule 10b5-1 trading plan, so the timing appears discretionary based on the information provided here.

Insider Ikezi Henry
Role null
Bought 26,000 shs ($644K)
Sold 394,888 shs ($12.21M)
Type Security Shares Price Value
Exercise Series A Warrants 246,664 $0.00 --
Sale Common Stock 13,500 $44.8878 $606K
Other Common Stock 214,037 $0.00 --
Other Common Stock 214,037 $0.00 --
Purchase Common Stock 2,000 $35.995 $72K
Sale Common Stock 192,437 $37.3066 $7.18M
Exercise Common Stock 214,037 $3.0951 $662K
Purchase Common Stock 23,000 $24.6576 $567K
Sale Common Stock 188,951 $23.4305 $4.43M
Purchase Common Stock 1,000 $4.85 $5K
Holdings After Transaction: Series A Warrants — 0 shares (Indirect, FUN Investment Homes LLC); Common Stock — 511,310 shares (Indirect, By Bayside Project LLC)
Footnotes (1)
  1. The sales reported at weighted average prices were effected in multiple transactions at prices within the following ranges: Bayside Project LLC sales on June 4, 2026: $14.75 to $34.71; Bayside Project LLC sales on June 5, 2026: $43.30 to $46.65; FUN Investment Homes LLC sales on June 5, 2026: $28.80 to $45.12. The Reporting Persons undertake to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. On June 5, 2026, Madison Bond LLC transferred 214,037 shares of Common Stock to FUN Investment Homes LLC in an internal transfer among entities controlled by Henry Ikezi. The transfer did not change Mr. Ikezi's aggregate beneficial ownership. The shares transferred by Madison Bond LLC were separate from the 214,037 shares of Common Stock acquired by FUN Investment Homes LLC upon exercise and conversion of the Series A Warrants.
Warrant shares exercised 214,037 shares Series A Warrants into common stock at $3.0951 exercise price
FUN Investment sale 192,437 shares at $37.3066 Open-market sale by FUN Investment Homes LLC
Bayside large sale 188,951 shares at $23.4305 Open-market sale by Bayside Project LLC
Additional Bayside sale 13,500 shares at $44.8878 Subsequent open-market sale by Bayside Project LLC
Internal transfer 214,037 shares Moved from Madison Bond LLC to FUN Investment Homes LLC
Madison Bond holdings 2,544,329 shares Common stock held after internal transfer
Bayside holdings 511,310 shares Common stock held after latest reported sale
Net buy/sell activity 368,888 shares (net sell) Aggregate across reported buys and sells
Series A Warrants financial
"Series A Warrants exercisable into 214,037 shares of Common Stock at $3.0951"
Series A warrants are financial tools that give the holder the right to buy shares of a company at a specific price within a certain period. They are often issued alongside investments to provide additional potential profit if the company's value increases. For investors, they can offer a chance to benefit from future growth without committing immediate capital to buying shares.
weighted average prices financial
"The sales reported at weighted average prices were effected in multiple transactions"
aggregate beneficial ownership financial
"The transfer did not change Mr. Ikezi's aggregate beneficial ownership."
internal transfer financial
"transferred 214,037 shares of Common Stock to FUN Investment Homes LLC in an internal transfer"
open-market purchase financial
"transaction_action: open-market purchase for several buys by the LLCs"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
open-market sale financial
"transaction_action: open-market sale for multiple dispositions of Common Stock"
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.
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SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Ikezi Henry

(Last)(First)(Middle)
2 PENN PLAZA, 31ST FLOOR

(Street)
NEW YORK NEW YORK 11412

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Solidion Technology Inc. [ STI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026P1,000A$4.85690,761IBy Bayside Project LLC
Common Stock06/04/2026P23,000A$24.6576713,761IBy Bayside Project LLC
Common Stock06/04/2026S188,951D$23.4305(1)524,810IBy Bayside Project LLC
Common Stock06/05/2026S13,500D$44.8878(1)511,310IBy Bayside Project LLC
Common Stock06/05/2026J(2)214,037D$02,544,329IBy Madison Bond LLC, see Explanation of Responses
Common Stock06/05/2026J(2)214,037A$0214,037IBy FUN Investment Homes LLC, see Explanation of Responses
Common Stock06/05/2026P2,000A$35.995216,037IBy FUN Investment Homes LLC
Common Stock06/05/2026S192,437D$37.3066(1)23,600IBy FUN Investment Homes LLC
Common Stock06/05/2026M214,037A$3.0951237,637IBy FUN Investment Homes LLC
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series A Warrants$3.095106/05/2026M246,66402/02/202406/14/2029Common Stock214,037$00IFUN Investment Homes LLC
Explanation of Responses:
1. The sales reported at weighted average prices were effected in multiple transactions at prices within the following ranges: Bayside Project LLC sales on June 4, 2026: $14.75 to $34.71; Bayside Project LLC sales on June 5, 2026: $43.30 to $46.65; FUN Investment Homes LLC sales on June 5, 2026: $28.80 to $45.12. The Reporting Persons undertake to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
2. On June 5, 2026, Madison Bond LLC transferred 214,037 shares of Common Stock to FUN Investment Homes LLC in an internal transfer among entities controlled by Henry Ikezi. The transfer did not change Mr. Ikezi's aggregate beneficial ownership. The shares transferred by Madison Bond LLC were separate from the 214,037 shares of Common Stock acquired by FUN Investment Homes LLC upon exercise and conversion of the Series A Warrants.
/s/ Henry Ikezi06/11/2026
/s/ Henry Ikezi, as Manager of Bayside Project LLC06/11/2026
/s/ Henry Ikezi, as Manager of FUN Investment Homes, LLC06/11/2026
/s/ Henry Ikezi, as Manager of FUN Investment Homes, LLC, Manager of Madison Bond LLC06/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Henry Ikezi’s entities do in this Solidion (STI) Form 4?

Entities controlled by Henry Ikezi exercised Series A Warrants into 214,037 Solidion shares, sold several hundred thousand shares in open-market transactions, bought smaller blocks of stock, and recorded an internal share transfer that did not change his aggregate beneficial ownership.

How many Solidion (STI) shares were exercised from warrants in this filing?

FUN Investment Homes LLC exercised Series A Warrants into 214,037 shares of Solidion common stock at an exercise price of $3.0951 per share. After this derivative exercise, the related warrant position shown in the filing had a remaining balance of 0 shares.

Did Henry Ikezi’s overall Solidion (STI) ownership change in the internal transfer?

A footnote explains that Madison Bond LLC transferred 214,037 shares to FUN Investment Homes LLC in an internal move among entities controlled by Henry Ikezi. The note states this transfer did not change Mr. Ikezi’s aggregate beneficial ownership of Solidion common stock.

How many Solidion (STI) shares do the reporting LLCs hold after these transactions?

Following these transactions, Bayside Project LLC held 511,310 shares and Madison Bond LLC held 2,544,329 shares of Solidion common stock. FUN Investment Homes LLC also retained a position, though its exact final share count is reported across several entries in the filing.

Were the Solidion (STI) trades under a Rule 10b5-1 plan?

The footnotes describe transaction price ranges and an internal transfer but do not mention any Rule 10b5-1 trading plan. Based on the provided information, the transactions appear as discretionary trades and restructurings, rather than sales executed under a pre-arranged trading plan.