Olesen Value Fund L.P. 4

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.