Choon Wee Chee - 18 Sep 2025 Form 4 Insider Report for Solana Co (HSDT)

Reporting relationship: Executive Chairman, Director, 10%+ Owner
Issuer ticker: HSDT
Reported as of: 18 Sep 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 May 2026, 19:56:05 UTC
Next SEC filing: 04 Aug 2026
Source filing: View source filing
Reporting owner signature: /s/ Agustina Gani Tjandrasuwita, Attorney-in-Fact

Key filing fact

Choon Wee Chee filed Form 4 for Solana Co (HSDT) on 13 May 2026.

Key facts

This page summarizes Choon Wee Chee's Form 4 filing for Solana Co (HSDT).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 13 May 2026, 19:56.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002086036 Primary reporting owner

Chee Choon Wee

Relationship: Executive Chairman, Director, 10%+ Owner
Address: C/O SOLANA COMPANY, 642 NEWTOWN YARDLEY ROAD, SUITE #100, NEWTOWN
Signature: /s/ Agustina Gani Tjandrasuwita, Attorney-in-Fact
Signature date: 13 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HSDT transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +1,109,118
Change %
Price: $0.000000^*
Shares after: 1,109,118
Date: 11 May 2026
Ownership: Direct
Footnotes: F1

HSDT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,377,125
Date: 18 Sep 2025
Ownership: By Fusion Summer Limited
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HSDT transaction Derivative

Strategic Advisory Warrants

Award

Transaction value
Shares: +2,218,236
Change %
Price: $0.000000^*
Shares after: 2,218,236
Date: 18 Sep 2025
Ownership: By Summer Wisdom Holdings Limited
Underlying class: Class A Common Stock
Underlying amount: 2,218,236
Exercise price: $0.001000
Footnotes: F3, F4

HSDT transaction Derivative

Restricted Stock Unit Award

Options Exercise

Transaction value
Shares: -1,109,118
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 11 May 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,109,118
Exercise price
Footnotes: F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Shares of Class A Common Stock acquired upon the vesting of the restricted stock unit award (the "RSUs").

Footnote F2

Reflects the distribution-in-kind by Fusion Summer Limited ("Fusion Summer") to one of its members for no consideration.

Footnote F3

Summer Wisdom Holdings Limited ("Summer Wisdom") holds all of the ordinary shares of Fusion Summer and Fusion Summer holds shares of the Issuer's Class A Common Stock. The Reporting Person is the controlling shareholder of Summer Wisdom and, as such, has the power to vote and dispose of the shares held by Fusion Summer. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Footnote F4

Immediately exercisable.

Footnote F5

Each RSU represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock.

Footnote F6

On September 18, 2025, the Reporting Person was granted 1,109,118 RSUs under the Issuer's 2022 Equity Incentive Plan (the "Plan"). On October 30, 2025, the RSUs fully vested following the shareholder approval of a share reserve increase to the Issuer's Plan. On May 11, 2026, each RSU settled into one share of the Issuer's Class A Common Stock.