Solitron Devices 10% holder plans sale of up to 20,000 shares

Control and investment authority over the fund's shares are attributed to its general partner, investment manager and Christian Olesen.

Rhea-AI Filing Summary

Solitron Devices Inc. received notice that Olesen Value Fund L.P., identified as a 10% stockholder, intends to sell up to 20,000 common shares through broker(s) listed, including Auerbach Grayson & Company LLC. The shares are owned by the fund and controlled by Olesen Value Fund GP LLC as general partner, Olesen Capital Management LLC as investment manager, and Christian Olesen, managing member of both LLCs. Securities information lists an aggregate market value of $665,800.00 and 2,152,703 shares outstanding.

Key Figures

Shares to be sold: Up to 20,000 shares Aggregate market value: $665,800.00 Shares outstanding: 2,152,703 shares

3 metrics

Shares to be sold Up to 20,000 shares Proposed sale by Olesen Value Fund L.P.

Aggregate market value $665,800.00 Securities information

Shares outstanding 2,152,703 shares Securities information

Key Terms

Rule 144, good funds, regular trade settlement

3 terms

Rule 144 regulatory

"sales required by paragraph (e) of Rule 144 to be aggregated"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

good funds financial

"Cash payment of good funds upon regular trade settlement"

regular trade settlement financial

"upon regular trade settlement on various dates"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SODI shares does Olesen Value Fund plan to sell?

Olesen Value Fund L.P. says it intends to sell up to 20,000 shares of SODI common stock through one or more brokers listed on the notice; Auerbach Grayson & Company LLC is named in the broker information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/29/2026 - 05:36 PM Accepted by SEC EDGAR 09/29/2026 - 05:36 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001491567
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	SOLITRON DEVICES INC
SEC File Number	001-04978
Address of Issuer	901 SANSBURYS WAY WEST PALM BEACH NEW JERSEY 33411
Phone	561-848-4311
Name of Person for Whose Account the Securities are To Be Sold	Olesen Value Fund L.P.
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	10% Stockholder

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock, $0.01 par value	Auerbach Grayson & Company LLC 20 W. 55th Street New York NY 10019	20000	665800.00	2152703	09/29/2026	OTC-PINK

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock, $0.01 par value	10/16/2015	Open market purchases on various dates beginning 10/16/2015.	N/A			20000	10/22/2015	Cash payment of good funds upon regular trade settlement on various dates beginning 10/22/2015.

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/01/2026	120	3148.80
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/02/2026	1969	51981.60
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/06/2026	800	21440.00
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/07/2026	483	12958.89
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/08/2026	3017	81006.45
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/10/2026	350	9289.00
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/17/2026	1601	29.56
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/20/2026	3366	100003.86
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/21/2026	1084	32324.88
Olesen Value Fund L.P. 185 Hudson Street Suite 2539 Jersey City NJ 07311	Common Stock, $0.01 par value	07/22/2026	372	11100.48

144: Remarks and Signature

Remarks	This Form 144 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, Jersey City, NJ 07311. The securities to be sold are owned by Olesen Value Fund L.P., which is controlled by Olesen Value Fund GP LLC as its general partner, by Olesen Capital Management LLC as its investment manager, and by Christian Olesen as the managing member of Olesen Value Fund GP LLC and Olesen Capital Management LLC. The filers intend to sell up to 20,000 shares in total through one or more of the broker(s) listed on this form.
Date of Notice	09/29/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Christian Olesen
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)