SOLITRON DEVICES INC·4

Jul 7, 7:38 PM ET

Olesen Value Fund L.P. 4

4 · SOLITRON DEVICES INC · Filed Jul 7, 2026

Research Summary

AI-generated summary of this filing

Updated

Solitron (SODI) 10% Owner Olesen Value Fund Sells Shares

What Happened

Olesen Value Fund L.P. (reported jointly with affiliated entities and Christian Olesen), a 10% owner of Solitron Devices, sold a total of 13,488 shares of SODI in multiple open-market or private sales between July 1 and July 7, 2026. Sales ranged from $26.24 to $26.83 per share and generated aggregate proceeds of approximately $358,120.

Key Details

  • Transaction dates and aggregated amounts:
    • July 1, 2026: 480 shares at $26.24 — $12,596
    • July 2, 2026: 7,876 shares at $26.40 — $207,928
    • July 6, 2026: 3,200 shares at $26.80 — $85,760
    • July 7, 2026: 1,932 shares at $26.83 — $51,836
    • Total disposed: 13,488 shares for ~$358,120
  • Transaction type: S = Sale (open market or private sale)
  • Shares owned after the transactions: not specified in the provided filing excerpt
  • Footnotes / filing structure:
    • Form 4 was filed jointly by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC and Christian Olesen (see footnotes F1–F4).
    • The reporting parties disclaim beneficial ownership except to the extent of their pecuniary interest; GP and manager may be deemed beneficial owners of the fund’s holdings.
  • Filing timeliness: Form 4 shows a filing date of July 7, 2026. The excerpt does not include a late‑filing flag; check the SEC filing for any timeliness notes if compliance timing is a concern.

Context

  • This report involves a 10% institutional owner rather than an individual executive. Institutional sales can reflect portfolio rebalancing or fund-level decisions and do not necessarily signal management sentiment about the company.
  • Multiple identical line items in the filing likely reflect the joint reporting by related entities rather than separate economic events.
  • As a sale (not a purchase, option exercise, or award), this transaction documents a disposition of shares rather than an accumulation signal for retail investors.

Insider Transaction Report

Form 4
Period: 2026-07-01
Transactions
  • Sale

    Common Stock, $0.01 par value

    [F1]
    2026-07-01$26.24/sh120$3,149229,550 total
  • Sale

    Common Stock, $0.01 par value

    [F1][F2]
    2026-07-01$26.24/sh120$3,149229,550 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F3]
    2026-07-01$26.24/sh120$3,149229,550 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F4]
    2026-07-01$26.24/sh120$3,149229,550 total(indirect: By Christian Olesen)
  • Sale

    Common Stock, $0.01 par value

    [F1]
    2026-07-02$26.40/sh1,969$51,982227,581 total
  • Sale

    Common Stock, $0.01 par value

    [F1][F2]
    2026-07-02$26.40/sh1,969$51,982227,581 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F3]
    2026-07-02$26.40/sh1,969$51,982227,581 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F4]
    2026-07-02$26.40/sh1,969$51,982227,581 total(indirect: By Christian Olesen)
  • Sale

    Common Stock, $0.01 par value

    [F1]
    2026-07-06$26.80/sh800$21,440226,781 total
  • Sale

    Common Stock, $0.01 par value

    [F1][F2]
    2026-07-06$26.80/sh800$21,440226,781 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F3]
    2026-07-06$26.80/sh800$21,440226,781 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F4]
    2026-07-06$26.80/sh800$21,440226,781 total(indirect: By Christian Olesen)
  • Sale

    Common Stock, $0.01 par value

    [F1]
    2026-07-07$26.83/sh483$12,959226,298 total
  • Sale

    Common Stock, $0.01 par value

    [F1][F2]
    2026-07-07$26.83/sh483$12,959226,298 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F3]
    2026-07-07$26.83/sh483$12,959226,298 total(indirect: By LLC)
  • Sale

    Common Stock, $0.01 par value

    [F1][F4]
    2026-07-07$26.83/sh483$12,959226,298 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.

Documents

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