Solidion director sells 19,915 shares at $7.03
Solidion Technology director Davis John Linzy had 19,915 shares repurchased by the company to cover tax obligations from prior equity compensation.
Rhea-AI Filing Summary
Solidion Technology Inc. (STI) director Davis John Linzy reported a disposition to the issuer of 19,915 shares of common stock on September 15, 2026, at a price of $7.03 per share, characterized as a repurchase by the issuer.
According to the disclosure, Linzy requested this repurchase to enable him to pay the personal income tax liability incurred from shares previously issued to him as compensation for his board service after the company’s business combination. Following this transaction, he held 32,938 shares of Solidion Technology common stock directly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 19,915 | $7.03 | $140K |
Footnotes (2)
- F1. The Reporting Person requested that Issuer repurchase 19,915 shares in order to enable the Reporting Person to pay the personal income tax liability he incurred as a result of the Issuer issuing shares to him as compensation for his prior service as a member of the Board in the Issuer's first year following the closing of its business combination transaction.
- F2. The price reported in Column 4 is the closing price per share of the Common Stock on the Nasdaq Capital Market on September 14, 2026, which was the date immediately prior to such request.
Key Figures
Key Terms
Disposition to issuer financial
personal income tax liability financial
business combination transaction financial
Nasdaq Capital Market market
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