Solitron Devices (SODI) 10% Owner Mark Matson Buys 3,000 Shares

What Happened
Mark Matson, a 10% owner of Solitron Devices, acquired 3,000 shares on 2026-09-10 via an "other acquisition" (code J) tied to his employment rights. The purchase price was a weighted average of $28.77 per share, for a total reported cost of $86,310. The filing notes the market/share price on the exercise date was $32.50.

Key Details

• Transaction date: 2026-09-10; Transaction code: J (other acquisition/disposition).
• Price paid: $28.77 per share (weighted average for the quarter); total reported value $86,310.
• Market/share price on exercise date: $32.50 (above the purchase price).
• Plan/authority: 10b5-1 plan adopted 08-13-2025 (Footnote F1).
• Mechanism: Under Matson's employment agreement (effective 08-13-2025), he may purchase up to 5,000 shares per quarter at the weighted average quarterly price within a 30-day window after quarter-end (Footnote F2).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: report filed 2026-09-10 (no late filing noted).

Context
This was a contractual purchase under an employment arrangement and 10b5-1 plan rather than an open-market buy; such acquisitions are often routine for executives who have pre-set purchase rights. The market price on the exercise date exceeded the purchase price, creating an immediate paper gain, but the filing gives no commentary on future intent or additional purchases.