How Belizaire was paid
$2.2M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Other | Total |
|---|---|---|---|---|
| John BelizaireChief Executive Officer | $450,000 | $1,718,244 | $13,800 | $2,182,044 |
| John TunisonChief Financial Officer | $263,958 | $528,467 | $8,167 | $800,592 |
| Michael ToporekExecutive Chairman of the Board and Former Chief Executive Officer | $315,000 | $6,727,285 | $12,600 | $7,054,885 |
What changed and why
- $2.2M2024 CEO total compensation was $2,182,044, including $1,718,244 in stock awards.
- $442KCEO total compensation increased from $441,808 in 2023 to $2,182,044 in 2024.
- $6.7MMichael Toporek received $6,727,285 in stock awards as Executive Chairman and former CEO.
- $801KJohn Tunison joined as CFO in 2024 and received $800,592 in total compensation.
- Stock awards were the only listed equity component for the named executives; no options were reported in the compensation table.
- $13,800401(k) matches accounted for $13,800 of the CEO’s other compensation.
Other Soluna Holdings proxy statements
- 2026 proxy statement
John Belizaire paid $6M (+175% on the year).
Filed Aug 24, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.