Chief Financial Officer · Soluna Holdings, Inc (SLNH)

David Michaels

A named executive officer of Soluna in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,696,896

FY2023: $221,992

3rd of 3 named executive officers at Soluna by FY2025 total.

3 named officers on file for Soluna, FY2025

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What this number hides

The filing gives the total. Soluna’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed August 24, 2026 (DEF 14A).

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David Michaels compensation by year

Soluna Summary Compensation Table · all 2 fiscal years held
In US dollars, as Soluna reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2025
Salary$221,992$280,745
Bonus—$0
Stock awards—$1,416,151
Option awards—$0
Non-equity incentive—$0
Pension and deferred compensation—$0
All other—$0
Total$221,992$1,696,896

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Soluna Holdings, Inc DEF 14A filed August 24, 2026, accession 0001628280-26-058611, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Soluna Holdings, Inc filed document, accession 0001628280-26-058611. Every figure is read from that document and cited to the page and table it appears in. Filed August 24, 2026.

$222K
$1.7M
FY23
FY25
SalaryStock awards

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU1,193,512$1,835,059—

Per the Outstanding Equity Awards at Fiscal Year-End table in Soluna Holdings, Inc's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Soluna’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Michael ToporekExecutive Chairman of the Board (7)$12,513,764
John BelizaireChief Executive Officer$6,007,746
David Michaels · this pageChief Financial Officer (3)$1,696,896

Board service

Soluna board · FY2021–FY2025
Director compensation in US dollars, as Soluna reports it. Most recent year first; a dash means the company reported no figure in that column.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025—————
FY2024$14,583$538,898$0—$553,481
FY2023$0$0$0——
FY2022$25,000$442,390$74,219—$541,609
FY2021$32,500$111,000$200,032—$343,532

Each year as the company reported it in Soluna's director compensation table. Totals are the company's own disclosed totals.

How this board is paid

Company policy: Soluna pays directors a $20,000 cash retainer. As stated in Soluna's FY2025 proxy.

Committees

Compensation (Chair) · Executive

David Michaels's compensation dossier, Soluna

You have read David Michaels's totals and holdings. The dossier adds each equity grant Soluna disclosed for David Michaels and Soluna's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Soluna compensation record

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This page is one person within Soluna's record. The company brief lists every named executive, each linking to their own page.

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Soluna's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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David Michaels's compensation dossier