| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 03/02/2026 |
3. Issuer Name and Ticker or Trading Symbol
SOLENO THERAPEUTICS INC [ SLNO ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Explanation of Responses: |
| Remarks: |
| Exhibit 24 - Power of Attorney |
| No securities are beneficially owned. |
| /s/ Anish Bhatnagar, Attorney-in-Fact | 03/04/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
POWER OF ATTORNEY
Know all by these present, that the undersigned hereby constitutes and appoints each of
Anish Bhatnagar and Jesse Schumaker signing singly, the undersigned’s true and lawful attorney-in-
fact to:
(1)
execute for and on behalf of the undersigned, in the undersigned’s capacity as an
officer and/or director of Soleno Therapeutics Inc. (the “Company”), Schedules 13D
and 13G, Form ID, and Forms 3, 4 and 5 and amendments thereto in accordance with
Section 13 and/or Section 16(a) of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), and the rules thereunder, and Form 144 and amendments
thereto in accordance with Rule 144 promulgated under the Securities Act of 1933, as
amended (the “Securities Act”);
(2)
do and perform any and all acts for and on behalf of the undersigned which may be
necessary or desirable to complete and execute any such Schedules 13D and 13G,
Form ID, Form 144, and Forms 3, 4 and 5 and amendments thereto and timely file
such form with the United States Securities and Exchange Commission and any stock
exchange or similar authority; and
(3)
take any other action of any type whatsoever in connection with the foregoing which,
in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or
legally required by, the undersigned, it being understood that the documents executed
by such attorney-in-fact on behalf of the undersigned pursuant to this Power of
Attorney shall be in such form and shall contain such terms and conditions as such
attorney-in-fact may approve in such attorney-in-fact’s discretion.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do
and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or
substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights
and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming, nor is the Company
assuming, any of the undersigned’s responsibilities to comply with Sections 13 and Section 16 of the
Exchange Act, or Rule 144 promulgated under the Securities Act. The undersigned hereby agrees to
indemnify the attorney-in-fact and the Company from and against any demand, damage, loss, cost or
expense arising from any false or misleading information provided by the undersigned to the
attorney-in-fact.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer
required to file any Schedules 13D and 13G, and Forms 3, 4 and 5 in accordance with Sections 13
and/or 16(a) of the Exchange Act, and Form 144 in accordance with Rule 144 promulgated under the
Securities Act, with respect to the undersigned’s holdings of and transactions in securities issued by
the Company, unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact. This Power of Attorney may be filed with the United States Securities
and Exchange Commission as a confirming statement of the authority granted herein. This Power of
Attorney supersedes any prior power of attorney in connection with the undersigned’s capacity as an
officer and/or director of the Company. This Power of Attorney shall expire as to any individual
attorney-in-fact if such attorney-in-fact ceases to be an executive officer of, or legal counsel to the
Company.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of February 18, 2026.
/s/ Jennifer Fulk
Signature
Print Name:
Jennifer Fulk