Olesen Value Fund L.P. 4

What Happened

• Olesen Value Fund L.P. (reported as a 10% owner, filed jointly with related entities and Christian Olesen) sold a total of 24,204 shares of Solitron Devices (SODI) in open‑market transactions. The sales occurred in twelve blocks across July 17, 20 and 21, 2026 at prices between $29.56 and $29.82 per share, generating reported proceeds of approximately $718,620.
• These were outright sales (transaction code S). Sales by a large institutional holder are often portfolio moves or liquidity events rather than an executive signaling a view; no purchase offsets were reported in this filing.

Key Details

• Transaction dates & prices:
  • 2026-07-17: four sales of 1,601 shares each at $29.56 (four × $47,326 reported).
  • 2026-07-20: four sales of 3,366 shares each at $29.71 (four × $100,004 reported).
  • 2026-07-21: four sales of 1,084 shares each at $29.82 (four × $32,325 reported).
• Total sold: 24,204 shares; total proceeds reported: $718,620.
• Shares owned after the transactions: not specified in the excerpt of the filing provided.
• Footnotes: Form 4 is filed jointly by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC and Christian Olesen. Each disclaims beneficial ownership except to the extent of pecuniary interest; GP and investment manager may be deemed beneficial owners of the Fund’s holdings.
• Filing: Report filed on 2026-07-21 covering transactions dated July 17–21, 2026. The filing does not indicate late filing in the provided excerpt.

Context

• These are institutional open‑market sales by a 10% owner (not an individual officer/director), so they can reflect portfolio rebalancing or fund-level liquidity needs rather than insider views of the company’s near‑term prospects.
• Transaction code S = Sale. No options exercises, gifts, or awards were reported in this filing.