SLNHSoluna Holdings sets CEO Belizaire's base salary at $600,000, retroactive to January, with 100% bonus targetJul 25MDMD names David Haddock general counsel as Mary Ann Moore's Pediatrix exit takes formal shapeJul 25MARKETSSSD declares $0.30 quarterly cash dividend, ex-date and record date set for October 1Jul 25MARKETSBLUBF declares CAD 0.04 monthly cash dividend with August 31 ex-dateJul 25CNXCConcentrix CNXC board adopts amended severance plan with 2x change-of-control payout and new standalone benefitJul 24QSIQSI in focus: Quantum-Si receives Nasdaq minimum bid price notice, faces January 19 compliance deadlineJul 24INSPInspire Medical Systems adds AtriCure CEO Michael Carrel to board in July 20 appointmentJul 24MARKETSCapital expenditure in focus as Alphabet raises the AI spending bar, three hyperscalers left to reportJul 24FJETFJET 8-K: Starfighters Space names CBIZ CPAs as auditor with STARLAUNCH program in Critical Design ReviewJul 24BVFLBVFL Q2 print: $0.42 per share, NIM at 4.58% as FHLB debt clearsJul 24SLNHSoluna Holdings sets CEO Belizaire's base salary at $600,000, retroactive to January, with 100% bonus targetJul 25MDMD names David Haddock general counsel as Mary Ann Moore's Pediatrix exit takes formal shapeJul 25MARKETSSSD declares $0.30 quarterly cash dividend, ex-date and record date set for October 1Jul 25MARKETSBLUBF declares CAD 0.04 monthly cash dividend with August 31 ex-dateJul 25CNXCConcentrix CNXC board adopts amended severance plan with 2x change-of-control payout and new standalone benefitJul 24QSIQSI in focus: Quantum-Si receives Nasdaq minimum bid price notice, faces January 19 compliance deadlineJul 24INSPInspire Medical Systems adds AtriCure CEO Michael Carrel to board in July 20 appointmentJul 24MARKETSCapital expenditure in focus as Alphabet raises the AI spending bar, three hyperscalers left to reportJul 24FJETFJET 8-K: Starfighters Space names CBIZ CPAs as auditor with STARLAUNCH program in Critical Design ReviewJul 24BVFLBVFL Q2 print: $0.42 per share, NIM at 4.58% as FHLB debt clearsJul 24

Soluna Holdings sets CEO Belizaire's base salary at $600,000, retroactive to January, with 100% bonus target

In focus for SLNH: Soluna Holdings' Compensation Committee approved a $600,000 annual base salary for Chief Executive Officer John Belizaire, effective retroactively to January 1, 2026, and attached a target annual bonus equal to 100% of that figure. The package adjustments appeared in a Form 8-K filed on July 24, 2026, covering an event dated July 9. Chief Financial Officer Michael Picchi signed the report on behalf of the Albany, New York-based company.

By Lena ParkMacro DeskJuly 25, 20262 min readSLNH
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Key takeaways

  • Soluna Holdings' Compensation Committee approved a $600,000 annual base salary for CEO John Belizaire, effective retroactively to January 1, 2026.
  • Belizaire's package includes a target annual bonus equal to 100% of base salary, bringing his theoretical full-achievement cash total to $1.2 million.
  • The changes were disclosed in a Form 8-K filed July 24, 2026, covering an event dated July 9 and signed by CFO Michael Picchi.
  • The Compensation Committee retains discretion over the performance goals and achievement level, and the filing lists no specific metrics, thresholds, or weightings.
  • Soluna is a Nevada-incorporated, Albany, New York-based company whose common stock trades on Nasdaq under SLNH.

In focus for SLNH: Soluna Holdings' Compensation Committee approved a $600,000 annual base salary for Chief Executive Officer John Belizaire, effective retroactively to January 1, 2026, and attached a target annual bonus equal to 100% of that figure. The package adjustments appeared in a Form 8-K filed on July 24, 2026, covering an event dated July 9. Chief Financial Officer Michael Picchi signed the report on behalf of the Albany, New York-based company.

Salary mechanics and the bonus layer

The $600,000 base is the new cash floor for Belizaire's annual compensation. Stack the 100% bonus target on top and the theoretical total cash opportunity reaches $1.2 million in a full-achievement year. That ceiling is conditional. The Compensation Committee holds discretion over both the performance goals and the degree to which Belizaire is judged to have met them for each applicable period. No specific metrics, thresholds, or weightings appear in the filing.

The retroactive effective date matters to the income statement: the higher salary accrual has been running since January 1, meaning six-plus months of the step-up were already embedded in financials before the formal approval was signed in early July.

What drove the committee's action

The review process followed a defined path. The Compensation Committee assessed Belizaire's 2026 package and received input from an outside compensation consultant, who provided analysis of market competitiveness and peer group benchmarking. The filing does not identify the consultant or name the peer companies used for comparison.

Soluna Holdings is incorporated in Nevada and headquartered at 325 Washington Avenue Extension in Albany, New York. Common stock trades on the Nasdaq Stock Market under SLNH. The company's 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, also trades on Nasdaq under SLNHP.

What to watch

The next confirmable data point is the Compensation Committee's determination at the close of the 2026 performance period, which will set whether the $600,000 bonus target translates into a payment, partial payout, or zero. No timeline appears. The expected disclosure vehicle would be a subsequent 8-K or the company's annual proxy statement.

Related reading

About this story

Filed by the macro desk of MarketPR on July 25, 2026. Source: MarketPR. Indicative figures are not investment advice.

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Frequently asked

How much can John Belizaire earn in total cash under the new package?

His base salary is $600,000 with a 100% bonus target, so full achievement would yield a theoretical total cash opportunity of $1.2 million in a given year.

Why does the retroactive effective date matter?

Because the higher salary has accrued since January 1, 2026, more than six months of the increased pay were already embedded in the company's financials before the approval was formally signed in early July.

Are the bonus performance metrics disclosed?

No; the Compensation Committee holds discretion over the goals and achievement assessment, and no specific metrics, thresholds, or weightings appear in the filing.

What informed the committee's decision on the pay package?

The committee assessed Belizaire's 2026 package with input from an unnamed outside compensation consultant who provided market competitiveness analysis and peer group benchmarking.

When will it be known whether the bonus is paid?

The determination comes at the close of the 2026 performance period, with no timeline given, likely disclosed in a subsequent 8-K or the company's annual proxy statement.