Solitron Devices (SODI) 10% Owner Howard Eriksen Sells 500 Shares

What Happened

• Howard Eriksen, reported as a 10% owner (via Eriksen Capital Management/Cedar Creek Partners), sold 500 shares of Solitron Devices, Inc. (SODI) on August 13, 2026 at $34.70 per share, for a total of $17,350. The Form 4 indicates the sale was part of client portfolio rebalancing and tax planning.

Key Details

• Transaction date and price: Aug 13, 2026 — 500 shares sold at $34.70 each (total $17,350). (Transaction code: S = Sale.)
• Shares reported/represented after transaction: the filing represents 240,341 shares held by Cedar Creek Partners LLC and 30,992 shares held in ECM-managed accounts (total 271,333). The reporting person disclaims beneficial ownership except to the extent of pecuniary interest; by virtue of ECM’s advisory role, Mr. Eriksen may be deemed to beneficially own those shares (see footnotes).
• Footnotes: F1 explains the split between Cedar Creek and ECM-managed accounts and states the 500-share sale was for client rebalancing/tax planning; F2 notes the Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen and explains the advisory/beneficial-ownership relationship.
• Filing timeliness: Form 4 filed Aug 17, 2026 — filed within the SEC’s two-business-day window following the Aug 13 transaction.

Context

• This sale appears tied to client account management (institutional/advisory context) rather than a personal insider disposition; such trades by investment managers often reflect client-directed rebalancing or tax actions rather than management sentiment. No options, gifts, or awards were involved in this filing.