Executive Chairman of the Board · Soluna Holdings, Inc (SLNH)

Michael Toporek

A named executive officer of Soluna in every fiscal year CompBrief holds from FY2020 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

$12,513,764

FY2024: $7,054,885

1st 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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Michael Toporek compensation by year

Soluna Summary Compensation Table · all 6 fiscal years held
In US dollars, as Soluna reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$20,192$240,423$313,846$327,940$315,000$315,000
Bonus$0——$0$0$0
Stock awards$0——$0$6,727,285$12,186,164
Option awards$0$3,420,000—$0$0$0
Non-equity incentive$0——$0$0$0
Pension and deferred compensation$0——$0$0$0
All other$0——$13,118$12,600$12,600
Total$20,192$3,660,423$313,846$341,058$7,054,885$12,513,764

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.

$20K
$3.7M
$314K
$341K
$7.1M
$12.5M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU11,066,432$23,256,069—

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 Toporek · this pageExecutive Chairman of the Board (7)$12,513,764
John BelizaireChief Executive Officer$6,007,746
David MichaelsChief Financial Officer (3)$1,696,896

Board service

Soluna board · FY2021–FY2025

How this board is paid

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

Committees

Executive

Michael Toporek's compensation dossier, Soluna

You have read Michael Toporek's totals and holdings. The dossier adds each equity grant Soluna disclosed for Michael Toporek 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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Michael Toporek's compensation dossier