Form 4: Soluna Director Sells Preferred Stock in November 2025

Soluna Holdings Director William P. Phelan reported sales and a gift of 9.0% Series A Cumulative Perpetual Preferred Stock in November 2025.

Summary

• William P. Phelan, a Director of Soluna Holdings, Inc. (SLNHP), reported transactions involving 9.0% Series A Cumulative Perpetual Preferred Stock.
• On November 19, 2025, Phelan sold 100 shares of preferred stock at a price of $7.58 per share.
• On November 20, 2025, Phelan sold an additional 500 shares of preferred stock at a price of $7.80 per share.
• On November 21, 2025, Phelan gifted 36,500 shares of preferred stock at a price of $0 per share.
• Following these transactions, Phelan's direct beneficial ownership of the 9.0% Series A Cumulative Perpetual Preferred Stock stands at 134,971 shares.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of insider transactions and does not inherently convey positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a standard insider transaction report and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may note the director's transactions, which could lead to minor shifts in investor sentiment, though the impact is generally limited for preferred stock sales of this magnitude.

Key Dates

Keywords

Soluna Holdings, SLNHP, Form 4, Insider Transaction, Preferred Stock, Director, Stock Sale, Beneficial Ownership