The insider activity is too small to drive a trading signal. Monitor for any material corporate announcements (earnings, contracts, financing) that might explain the price discrepancy between the director's $12.08 sale and the CEO/CFO's ~$1.15 purchases. Otherwise, no immediate read-through.
Price Chart
Executive Summary
Three insiders at Soluna Holdings traded within a week: CEO John Belizaire and CFO Michael Picchi made small open-market purchases totaling $82.6K at ~$1.13-$1.20, while Director William Phelan sold 8,100 shares at $12.08 for $98K. The total cluster value of $180K is trivial relative to the $274M market cap (0.07%), and the mixed direction (buys vs. a sale at a much higher price) makes this a routine, non-informative cluster.
Key Financial Metrics
Key Facts
- CEO Belizaire bought 50,000 shares at $1.20 ($60K) on 2026-08-26
- CFO Picchi bought 20,000 shares at $1.13 ($22.6K) on 2026-08-28
- Director Phelan sold 8,100 shares at $12.08 ($98K) on 2026-08-27
- Total open-market purchases ($82.6K) represent ~0.03% of $274M market cap
- Director sale ($98K) also represents ~0.04% of market cap
- Cluster is mixed (buys and sell) with no dominant directional signal
Financial Impact
All trades are immaterial — total cluster value of $180K is ~0.07% of market cap
Risk Factors
- Director selling at a much higher price than insider buys could indicate a divergence in views, but the dollar amount is trivial
- Low trading volume could amplify any news-driven moves
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SLNH-1788246179146 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 8-K | $0.5454 | awaiting T+20 | — | $0.5448 (−0.11%) |
Oct 21, 2026 4d ago | 8-K | $0.5340 | awaiting T+20 | — | $0.5448 (+2.02%) |
Oct 21, 2026 5d ago | 8-K | $0.5607 | awaiting T+20 | — | $0.5448 (−2.84%) |
Oct 21, 2026 5d ago | Press Release | $0.5607 | awaiting T+20 | — | $0.5448 (−2.84%) |
Oct 20, 2026 6d ago | 8-K | $0.5770 | awaiting T+20 | — | $0.5448 (−5.58%) |
Sep 28, 2026 28d ago | 8-K | $1.18 | awaiting T+20 | — | $0.5448 (−53.83%) |
Sep 14, 2026 6w ago | 8-K | $1.15 $0.8500 | ▼ −26.09% | ▼ −28.35% | $0.5448 (−52.63%) |
Sep 9, 2026 6w ago | 8-K | $1.24 $1.01 | ▼ −18.55% | ▼ −20.49% | $0.5448 (−56.06%) |
Sep 8, 2026 6w ago | 8-K | $1.27 $1.05 | ▼ −17.32% | ▼ −19.04% | $0.5448 (−57.10%) |
Aug 31, 2026 7w ago | Insider Cluster | $1.05 $1.14 | ▲ +8.57% | ▲ +8.46% | $0.5448 (−48.11%) |
US Market Status
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