Company: SLNH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001756
Chunk: 2730

Company: Soluna Holdings, Inc
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9B
Chunk 2730
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SUMMARY
COMPENSATION TABLE

    Name and Principal 
       
    Salary  
    Stock Awards  
    All Other Compensation  
    Total 
  
    Position 
    Year  
    ($)  
    ($)(1)  
    ($)(2)  
    ($) 
  
    John Belizaire 

    Chief Executive Officer (3) 
    2024  
     450,000  
     1,718,244(4) 
     13,800  
     2,182,044 

    2023  
     424,815  
     —  
     16,993  
     441,808 

    John Tunison Chief Financial Officer (5) 
    2024  
     263,958  
     528,467(6) 
     8,167  
     800,592 

    Michael Toporek 

    Executive Chairman of the Board and Former Chief Executive Officer (7) 
    2024  
     315,000  
     6,727,285(8) 
     12,600  
     7,054,885 

    2023  
     327,940  
     —  
     13,118  
     341,058 

    (1)
    Represents
    the grant date fair value in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 of
    the grants during each year presented. The value was determined by using the grant date fair value per award multiplied by the shares
    granted, as per the grant date.

    (2)
    Represents
    the Company’s 401K match for the executive employees named.

    (3)
    Effective
    May 1, 2023, Mr. Belizaire was appointed as Chief Executive Officer of Soluna Holdings, Inc.

    (4)
    Mr.
    Belizaire was granted 141,176 restricted stock awards of common stock on April 15, 2024, 100,000 restricted Series A preferred stock
    awards on April 15, 2024, 21,361 restricted stock awards on June 1, 2024, 170,800 restricted stock awards on September 1, 2024, and
    153,745 restricted stock awards on December 1,