Michael Toporek - Jun 1, 2024 Form 4 Insider Report for Soluna Holdings, Inc (SLNH)

Role: Director
Signature: /s/ Christopher Gandolfo, Attorney in Fact
Stock symbol: SLNH
Transactions as of: Jun 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/5/2024, 09:39 PM
Previous filing: Apr 17, 2024
Next filing: Sep 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLNH	Common Stock	Award	$0	+51.5K	+16.16%	$0.00	370K	Jun 1, 2024	Direct	F1
holding	SLNH	Common Stock						150K	Jun 1, 2024	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Transaction reported is a grant of 51,464 restricted stock awards representing shares of Common Stock, par value $0.001 per share, of the issuer ("Common Stock"), which were approved by the Compensation Committee. The shares of Common Stock will vest 100% upon the reporting person's separation from the issuer.
F2	These shares of Common Stock are held by Brookstone Partners Acquisition XXIV, LLC ("Brookstone XXIV"). As the Manager of Brookstone XXIV, Brookstone Partners I.A.C. may be deemed to beneficially own the shares of Common Stock owned directly by Brookstone XXIV. Mr. Toporek is a Managing General Partner of Brookstone Partners I.A.C. and shares voting and dispositive power over the shares of Common Stock owned by Brookstone XXIV and therefore may be deemed to beneficially own these shares. Mr. Toporek disclaims such beneficial ownership except to the extent of his pecuniary interest therein.

Content

Transaction reported is a grant of 51,464 restricted stock awards representing shares of Common Stock, par value $0.001 per share, of the issuer ("Common Stock"), which were approved by the Compensation Committee. The shares of Common Stock will vest 100% upon the reporting person's separation from the issuer.

These shares of Common Stock are held by Brookstone Partners Acquisition XXIV, LLC ("Brookstone XXIV"). As the Manager of Brookstone XXIV, Brookstone Partners I.A.C. may be deemed to beneficially own the shares of Common Stock owned directly by Brookstone XXIV. Mr. Toporek is a Managing General Partner of Brookstone Partners I.A.C. and shares voting and dispositive power over the shares of Common Stock owned by Brookstone XXIV and therefore may be deemed to beneficially own these shares. Mr. Toporek disclaims such beneficial ownership except to the extent of his pecuniary interest therein.