---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-22-000098"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2022-01-21T23:59:59+00:00"
generated_at: "2026-06-27T16:38:39.045564+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Soluna Holdings enters into new employment agreements with CEO Michael Toporek and MTI President Moshe Binyamin

## Summary
- CEO Michael Toporek: 3-year term, $300K base salary, target bonus 33.33% of base, plus existing LTI option for 500K shares at $6.84.
- MTI President Moshe Binyamin: 24-month term, $180,350 base salary, eligible for performance bonuses and change-in-control payment.
- Toporek eligible for outperformance awards based on market capitalization growth targets; each triggered at $100M incremental market cap.
- Both agreements provide severance: 12 months salary and health coverage upon termination without cause or resignation for good reason.

## SEC filing metadata
- accession: 0001753926-22-000098
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2022-01-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000175392622000098/0001753926-22-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000175392622000098/g082575_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-22-000098
- JSON: https://secwatch.observer/filing/0001753926-22-000098.json
- Plain text: https://secwatch.observer/filing/0001753926-22-000098.txt

## Key facts
- Executive change
  Moshe Binyamin was elected as President and Chief Executive Officer of MTI at Soluna Holdings, Inc.
  - Action: elected
  - Role: President and Chief Executive Officer of MTI
  source text: the Board elected Mr. Binyamin, MTI’s then current President, to the offices of President and Chief Executive Officer of MTI.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000175392622000098/0001753926-22-000098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.