How many SODI shares do Olesen-related entities hold after these transactions?

After the reported sales, the Form 4 lists post-transaction holdings of 229,670 Solitron Devices (SODI) common shares. This figure reflects the combined position reported for Olesen Value Fund L.P. and related entities as joint reporting persons in the ownership footnotes.

Are the SODI sales by Olesen Value Fund routine or related to tax or gifts?

The transactions are coded S, indicating open-market or private sales of Solitron Devices shares. There are no entries with tax-withholding (F), gift (G), or restructuring codes, so the excerpt reflects discretionary selling activity rather than tax or gifting events.

Olesen Value Fund (SODI) trims Solitron Devices stake with 27,352-share sale

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Olesen Value Fund L.P. and related entities reported open-market sales of Solitron Devices Inc. common stock, totaling 27,352 shares, in late June 2026. The sales were executed at prices around $26.59–$26.60 per share.

After these transactions, the filing shows combined holdings of 229,670 shares of Solitron Devices common stock. Footnotes state that Olesen Value Fund L.P., its general partner, its investment manager, and Christian Olesen are joint reporting persons and each disclaims beneficial ownership except to the extent of any pecuniary interest.

Insights

Olesen-related entities executed a moderate net sale but retained a sizable position.

The Form 4 shows open-market sales of 27,352 shares of Solitron Devices Inc. common stock at about $26.6 per share. All transactions use code S, indicating discretionary sales rather than option exercises, gifts, or tax-related withholdings.

Post-transaction holdings of 229,670 shares indicate that entities associated with Olesen Value Fund L.P. still maintain a substantial stake. The filing characterizes them as joint reporting persons and includes standard disclaimers of beneficial ownership, so the economic exposure is spread across the fund, its GP, its manager, and Christian Olesen.

There is no derivative activity or Rule 10b5-1 language in the excerpt, and no remaining option positions are listed. Subsequent company filings would be needed to see whether this pattern of selling continues or if it represents a one-off portfolio adjustment.

Insider Trade Summary

Net Seller: 27,352 shares ($727,499)

Net Sell 8 txns

Insider Olesen Value Fund L.P.

Role null

Sold 27,352 shs ($727K)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.01 par value	1,600	$26.59	$43K
Sale	Common Stock, $0.01 par value	1,600	$26.59	$43K
Sale	Common Stock, $0.01 par value	1,600	$26.59	$43K
Sale	Common Stock, $0.01 par value	1,600	$26.59	$43K
Sale	Common Stock, $0.01 par value	5,238	$26.60	$139K
Sale	Common Stock, $0.01 par value	5,238	$26.60	$139K
Sale	Common Stock, $0.01 par value	5,238	$26.60	$139K
Sale	Common Stock, $0.01 par value	5,238	$26.60	$139K

Holdings After Transaction: Common Stock, $0.01 par value — 229,670 shares (Direct, null); Common Stock, $0.01 par value — 229,670 shares (Indirect, By Olesen Value Fund GP LLC)

Footnotes (1)

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. 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. 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. 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.

Key Figures

Total shares sold: 27,352 shares Sale price June 25: $26.59 per share Sale price June 24: $26.60 per share +3 more

6 metrics

Total shares sold 27,352 shares Net open-market sales in June 2026

Sale price June 25 $26.59 per share Open-market sales on June 25, 2026

Sale price June 24 $26.60 per share Open-market sales on June 24, 2026

Shares sold June 25 6,400 shares Four transactions of 1,600 shares each

Shares sold June 24 20,952 shares Four transactions of 5,238 shares each

Shares held after transactions 229,670 shares Post-transaction holdings reported

Key Terms

open-market sale, beneficial ownership, pecuniary interest, Section 16, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

beneficial ownership financial

"Each Reporting Person disclaims beneficial ownership of the shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"except to the extent of its or his pecuniary interest therein"

Section 16 regulatory

"beneficial owner of such shares of Common Stock for purposes of Section 16"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

jointly regulatory

"This Form 4 is filed jointly by Olesen Value Fund L.P."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 06:01 PM Accepted by SEC EDGAR 06/26/2026 - 06:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Olesen Value Fund L.P.

(Last)

(First)

(Middle)

C/O OLESEN CAPITAL MANAGEMENT LLC

185 HUDSON STREET, SUITE 2539

(Street)

JERSEY CITY

NEW JERSEY

07311

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SOLITRON DEVICES INC [ SODI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.01 par value⁽¹⁾	06/24/2026		S		5,238	D	$26.6	231,270	D
Common Stock, $0.01 par value⁽¹⁾	06/24/2026		S		5,238	D	$26.6	231,270	I	By Olesen Value Fund GP LLC⁽²⁾
Common Stock, $0.01 par value⁽¹⁾	06/24/2026		S		5,238	D	$26.6	231,270	I	By Olesen Capital Management LLC⁽³⁾
Common Stock, $0.01 par value⁽¹⁾	06/24/2026		S		5,238	D	$26.6	231,270	I	By Christian Olesen⁽⁴⁾
Common Stock, $0.01 par value⁽¹⁾	06/25/2026		S		1,600	D	$26.59	229,670	D
Common Stock, $0.01 par value⁽¹⁾	06/25/2026		S		1,600	D	$26.59	229,670	I	By Olesen Value Fund GP LLC⁽²⁾
Common Stock, $0.01 par value⁽¹⁾	06/25/2026		S		1,600	D	$26.59	229,670	I	By Olesen Capital Management LLC⁽³⁾
Common Stock, $0.01 par value⁽¹⁾	06/25/2026		S		1,600	D	$26.59	229,670	I	By Christian Olesen⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

	For Olesen Value Fund L.P.; By: Olesen Capital Management LLC,; By: /s/ Christian Olesen, Managing Member	06/26/2026
	For Olesen Value Fund GP LLC; By: /s/ Christian Olesen, Managing Member	06/26/2026
	For Olesen Capital Management LLC; By: /s/ Christian Olesen, Managing Member	06/26/2026
	For Christian Olesen; By: /s/ Christian Olesen	06/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Olesen Value Fund report in this Form 4 for SODI?

Olesen Value Fund L.P. and related entities reported open-market sales of Solitron Devices (SODI) common stock. They sold 27,352 shares at prices around $26.6 and, after these trades, the filing shows combined holdings of 229,670 Solitron Devices shares.

How many Solitron Devices (SODI) shares were sold and at what prices?

The filing shows net sales of 27,352 shares of Solitron Devices common stock. On June 24 and 25, 2026, the reported transactions were executed at per-share prices of $26.60 and $26.59, respectively, all coded as open-market sales under transaction code S.

Who are the reporting persons in the Solitron Devices (SODI) Form 4?

The Form 4 is filed jointly by Olesen Value Fund L.P., Olesen Value Fund GP LLC, Olesen Capital Management LLC, and Christian Olesen. The footnotes state each reporting person disclaims beneficial ownership except to the extent of their pecuniary interest in Solitron Devices common stock.

Were the Olesen transactions in SODI options or common stock only?

All reported transactions involve Solitron Devices common stock only, not options or other derivatives. The derivative section shows no remaining derivative positions, and every entry is a non-derivative transaction with code S for an open-market or private sale of common shares.