Solitron (SODI) 10% Owner Howard Eriksen Sells 563 Shares

What Happened

• Howard Timothy Eriksen, reported as a 10% owner via Eriksen Capital Management/Cedar Creek, disposed of 563 shares of Solitron Devices Inc. on 2026-08-11. The shares were sold at $34.82 per share for a total transaction value of $19,604. The filing notes the sale was part of client portfolio rebalancing and tax planning.

Key Details

• Transaction date and price: 2026-08-11, sale at $34.82 per share (open market or private sale, code S).
• Transaction value: $19,604 (563 shares × $34.82).
• Reported holdings (per footnote): 240,341 shares held by Cedar Creek Partners LLC and 23,492 shares held by ECM-managed accounts — total 263,833 shares. The filing disclaims beneficial ownership except to the extent of a pecuniary interest; if the 563 shares were taken from those reported holdings, the implied post-sale total would be 263,270.
• Footnotes: F1 states the shares represent Cedar Creek and ECM-managed accounts and that the sale was for client rebalancing/tax planning. F2 notes the Form 4 is filed jointly by Eriksen Capital Management, Cedar Creek Partners LLC, and Mr. Eriksen; Mr. Eriksen may be deemed to beneficially own the shares by virtue of ECM's advisory relationship.
• Filing timeliness: Form filed 2026-08-12 for a report period of 2026-08-11; no late filing indicated.

Context

• This disclosure involves a 10% owner and investment adviser–managed accounts rather than an executive or operational insider. The sale was described as client-driven (rebalancing/tax planning), which is a common, non-interpretive reason for disposals. Purchases typically carry more weight as signals of insider conviction; a single small sale like this is routine and factual rather than necessarily indicative of company prospects.