Olesen Value Fund L.P. 4
4 · SOLITRON DEVICES INC · Filed Jul 23, 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. (reported as a 10% owner) and related reporting persons sold a total of 1,488 shares of Solitron Devices (SODI) in four transactions on July 22, 2026. Each sale was 372 shares at $29.84 per share, reported as "open market or private sale," resulting in aggregate proceeds of about $44,400. This was a disposition (sale), which is often routine for institutional holders and not necessarily a signal about the company's prospects.
Key Details
- Transaction date: 2026-07-22 (reported on Form 4 filed 2026-07-23).
- Sales: 4 separate sales × 372 shares each at $29.84 = 1,488 shares sold; total proceeds ≈ $44,400.
- Transaction type: Reported as open market or private sale (code S).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Filed the day after the transactions (appears timely).
- Footnotes: Joint filing by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC and Christian Olesen. Each reporting person disclaims beneficial ownership except for pecuniary interest; GP and investment manager may be deemed to beneficially own the fund’s shares.
- No 10b5-1 plan, tax‑withholding, or option exercise noted in the filing.
Context This report involves a 10% institutional owner rather than an individual executive. Institutional sales can reflect portfolio rebalancing or liquidity needs rather than management views on the company. The filing is factual and does not indicate motive; retail investors should consider this alongside other insider trades and company fundamentals.
Insider Transaction Report
- Sale
Common Stock, $0.01 par value
[F1]2026-07-22$29.84/sh−372$11,100→ 216,508 total - Sale
Common Stock, $0.01 par value
[F1][F2]2026-07-22$29.84/sh−372$11,100→ 216,508 total(indirect: By LLC) - Sale
Common Stock, $0.01 par value
[F1][F3]2026-07-22$29.84/sh−372$11,100→ 216,508 total(indirect: By LLC) - Sale
Common Stock, $0.01 par value
[F1][F4]2026-07-22$29.84/sh−372$11,100→ 216,508 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.