Robert L. Bugbee Increases Share Count in Soluna Holdings, Inc. to 13.3M Shares

On May 26, 2026, Robert L. Bugbee filed a Schedule 13G regarding his holdings in Soluna Holdings, Inc. (SLNH). As of the event date of May 22, 2026, Bugbee reported beneficial ownership of 13,336,362 shares of Common Stock. This represents an increase in the total number of shares held compared to his previous reported position of 9,168,000 shares. Despite the increase in share count, his ownership percentage decreased from 9.3% to 8.5%, likely due to dilution from an increase in the issuer's total shares outstanding. Bugbee, a citizen of the United Kingdom residing in Monaco, maintains sole voting and dispositive power over all 13,336,362 shares. The filing was made under Rule 13d-1(c), indicating a passive investment intent. He certified that the shares were not acquired for the purpose of changing or influencing the control of the issuer. Soluna Holdings, Inc. is headquartered in Albany, New York, and operates in the computing infrastructure and renewable energy sectors.