Agnieszka Teresa Budzyn - 01 Dec 2025 Form 4 Insider Report for Soluna Holdings, Inc (SLNH)

Role: Director
Signature: /s/ Christopher Gandolfo, Attorney in Fact
Issuer symbol: SLNH
Transactions as of: 01 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Dec 2025, 17:03:17 UTC
Previous filing: 30 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Budzyn Agnieszka Teresa	Director	C/O SOLUNA HOLDINGS, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY	/s/ Christopher Gandolfo, Attorney in Fact	03 Dec 2025	0002093633

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLNH	Common Stock	Award	$0	+350,000	+259%	$0.000000	485,000	01 Dec 2025	Direct	F1

* 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 350,000 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 33% on each of December 1, 2026 and December 1, 2027, and 34% will vest on December 1, 2028, so long as the Reporting Person has maintained a Business Relationship (as defined in the Restricted Stock Agreement) through each such date.

Content

Transaction reported is a grant of 350,000 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 33% on each of December 1, 2026 and December 1, 2027, and 34% will vest on December 1, 2028, so long as the Reporting Person has maintained a Business Relationship (as defined in the Restricted Stock Agreement) through each such date.