Olesen Value Fund L.P. 4
4 · SOLITRON DEVICES INC · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
Solitron Devices (SODI) 10% Owner Olesen Value Fund Sells Shares
What Happened
Olesen Value Fund L.P., a reported 10% owner (filing made jointly by related entities and Christian Olesen), sold a total of 27,352 shares of Solitron Devices, Inc. (SODI) in open-market/private-sale transactions. The sales were executed as four blocks of 5,238 shares on 2026-06-24 at $26.60 each (totaling $557,324) and four blocks of 1,600 shares on 2026-06-25 at $26.59 each (totaling $170,176). Overall proceeds across the trades were about $727,500. These were sales (S), which are typically routine disposition transactions rather than purchases that might signal increased insider confidence.
Key Details
- Transaction dates and prices:
- 2026-06-24: four sales × 5,238 shares @ $26.60 each (each sale $139,331; subtotal $557,324)
- 2026-06-25: four sales × 1,600 shares @ $26.59 each (each sale $42,544; subtotal $170,176)
- Total shares sold: 27,352; approximate total proceeds: $727,500.
- Shares owned after transaction: not provided in the summary data here — see the Form 4 for post-transaction holdings.
- Filing: Form 4 filed 2026-06-26 (appears timely relative to the reported trade dates).
- Notable footnotes: this Form 4 is a joint filing by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC and Christian Olesen. Each entity disclaims beneficial ownership except to the extent of pecuniary interest; GP/manager entities may be deemed beneficial owners of the fund’s holdings (see F1–F4).
Context
- This reporting party is a 10% institutional owner (a fund and related entities), not an individual executive. Institutional sales can reflect portfolio rebalancing or liquidity needs rather than a company-specific negative signal.
- These were straight sales (code S). No options exercises, gifts, or 10b5-1 plans are indicated in the provided notes.
- For full details on holdings after the trades and the exact nature of the sale venues (open market vs private), consult the complete Form 4 (accession 0001491567-26-000003).
Insider Transaction Report
- Sale
Common Stock, $0.01 par value
[F1]2026-06-24$26.60/sh−5,238$139,331→ 231,270 total - Sale
Common Stock, $0.01 par value
[F1][F2]2026-06-24$26.60/sh−5,238$139,331→ 231,270 total(indirect: By LLC) - Sale
Common Stock, $0.01 par value
[F1][F3]2026-06-24$26.60/sh−5,238$139,331→ 231,270 total(indirect: By LLC) - Sale
Common Stock, $0.01 par value
[F1][F4]2026-06-24$26.60/sh−5,238$139,331→ 231,270 total(indirect: By Christian Olesen) - Sale
Common Stock, $0.01 par value
[F1]2026-06-25$26.59/sh−1,600$42,544→ 229,670 total - Sale
Common Stock, $0.01 par value
[F1][F2]2026-06-25$26.59/sh−1,600$42,544→ 229,670 total(indirect: By LLC) - Sale
Common Stock, $0.01 par value
[F1][F3]2026-06-25$26.59/sh−1,600$42,544→ 229,670 total(indirect: By LLC) - Sale
Common Stock, $0.01 par value
[F1][F4]2026-06-25$26.59/sh−1,600$42,544→ 229,670 total(indirect: By Christian Olesen)
Footnotes (4)
- [F1]This Form 4 is filed jointly by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC and Christian Olesen, the address of each of which is c/o Olesen Capital Management LLC, 185 Hudson Street, Suite 2539, Jersey City, NJ 07311 (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the shares of common Stock reported herein except to the extent of its or his pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
- [F2]Shares of Common Stock beneficially owned directly by Olesen Value Fund L.P. Olesen Value Fund GP LLC, as the general partner of Olesen Value Fund L.P., may be deemed the beneficial owner of the shares of Common Stock beneficially owned by Olesen Value Fund L.P.
- [F3]Shares of Common Stock beneficially owned directly by Olesen Value Fund L.P. Olesen Capital Management LLC, as the investment manager of Olesen Value Fund L.P., may be deemed the beneficial owner of the shares of Common Stock beneficially owned by Olesen Value Fund L.P.
- [F4]Shares of Common Stock beneficially owned directly by Olesen Value Fund L.P. Christian Olesen, as the managing member of Olesen Value Fund GP LLC and Olesen Capital Management LLC, may be deemed the beneficial owner of the shares of Common Stock beneficially owned by Olesen Value Fund L.P.