Soluna Holdings is seeking stockholder approval to elect Class III director nominees at its October 16, 2026 annual meeting. The board recommends voting FOR the nominees, giving investors a direct decision on the next Class III directors, while the proxy also details 2025 compensation totals for senior executives.

Key Highlights

  • Soluna Holdings will conduct its annual stockholder meeting virtually through the Virtual Shareholder Meeting platform.
  • The board recommends that stockholders vote FOR the Class III director nominees.
  • John Belizaire’s 2025 total compensation was $6,007,746, while Michael Toporek’s reached $12,513,764.

Soluna Holdings, Inc. will ask stockholders to elect its Class III director nominees at the company’s annual meeting on October 16, 2026. The meeting is scheduled for 10:00 a.m. Eastern Time.

Class III Seats Go to Vote

The ballot is focused on electing the Class III director nominees. Soluna Holdings’ board recommends that stockholders vote “FOR” each nominee.

The annual meeting will be conducted online through www.virtualshareholdermeeting.com/SLNH2026. Stockholders will be able to participate, vote and submit questions through the virtual meeting platform.

The board’s continuing directors include Class I directors Edward R. Hirshfield, William P. Phelan, John Bottomley and John Belizaire. Class II directors continuing in office are David Michaels, Matthew Lipman and Agnes Budzyn. The Class I directors’ terms continue until the 2027 annual meeting.

Executive Pay Totals Reach Millions

The proxy lists compensation for the named executive officers for 2025 and, where shown, 2024.

Belizaire’s 2025 compensation included a salary of $463,050, a Bonus of $471,742, stock awards valued at $5,058,182 and $14,772 in other compensation. His 2024 compensation included a $450,000 salary, $1,718,244 in stock awards and $13,800 in other compensation.

The amount included a $280,745 salary and $1,416,151 in stock awards.

His compensation consisted of a $315,000 salary, $12,186,164 in stock awards and $12,600 in other compensation. His 2024 total was $7,054,885, including a $315,000 salary, $6,727,285 in stock awards and $12,600 in other compensation.

The compensation table identifies the company’s 401K match as the source of other compensation for the named executives.

Restricted Awards Detail 2025 Pay

These awards are included in the stock-award values reported in the executive compensation table.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/64463/000162828026058611/slnh-20260824.htm