CEDAR CREEK PARTNERS LLC 4
4 · SOLITRON DEVICES INC · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
SOLITRON (SODI) 10% Owner Howard Eriksen Transfers 5,787 Shares
What Happened
- Howard Timothy Eriksen, a reported 10% owner (Managing Member of Eriksen Capital Management/related entities), recorded paired "other" transactions on 2026-06-05: an acquisition of 5,787 shares at $0.00 and a disposition of 5,787 shares at $0.00. The $0.00 price indicates a non‑cash transfer (not an open‑market buy or sale).
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (timely).
- Reported transactions: 5,787 shares acquired (Code J) and 5,787 shares disposed (Code J) at $0.00.
- Reported holdings after the transaction: 240,341 shares held by Cedar Creek Partners LLC and 24,055 shares held by ECM-managed accounts (total 264,396 reported in F1). The filing notes a distribution‑in‑kind of shares from Eriksen Family LLC (quantity not specified).
- Footnotes: F1–F3 explain ownership through Cedar Creek Partners LLC, Eriksen Capital Management LLC (ECM) managed accounts, and a distribution‑in‑kind from Eriksen Family LLC; the reporting person disclaims beneficial ownership except for pecuniary interest.
- Transaction type: Code J ("Other acquisition or disposition") — typically a transfer between accounts/entities rather than a market trade.
Context
- This appears to be an internal transfer/distribution among related entities and family accounts, not a cash sale or market purchase; such moves are administrative and do not necessarily signal buying/selling intent.
- As a 10% owner and manager of advisory/partnership entities, Eriksen’s filings often reflect holdings and transfers across affiliated vehicles rather than executive market trading.
Insider Transaction Report
Form 4
Eriksen Howard Timothy
DirectorCEO10% Owner
Transactions
- Other
Common stock
2026-06-05+5,787→ 60,827 total - Other
Common stock
[F3]2026-06-05−5,787→ 0 total(indirect: See footnote.)
Holdings
- 264,396(indirect: See footnote.)
Common stock
[F1][F2]
Footnotes (3)
- [F1]Represents 240,341 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 24,055 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F2]This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners and the managed accounts.
- [F3]Represents shares owned by Eriksen Family LLC, of which Mr. Eriksen is the Managing Member. The LLC is owned by Mr. Eriksen and his four adult children. The reporting person took a distribution-in-kind of the Solitron shares owned by Eriksen Family LLC.