Olesen fund sells Solitron Devices shares at $26.85-$26.54
Olesen Value Fund L.P., a more than ten percent holder of Solitron Devices Inc. (SODI), reported open-market sales of common stock on July 8 and July 10 at prices of $26.85 and $26.54 per share, respectively.
Rhea-AI Filing Summary
Olesen Value Fund L.P., a more than ten percent holder of Solitron Devices Inc. (SODI), reported open-market sales of common stock on July 8 and July 10 at prices of $26.85 and $26.54 per share, respectively. After these transactions, the Reporting Persons collectively report 222,931 shares of common stock, with ownership held directly by the fund and indirectly through related entities, each disclaiming beneficial ownership beyond its pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,468 shares
Net Sell
8 txns
Insider
Olesen Value Fund L.P.
Role
10% Owner
Sold
13,468 shs ($361K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value F1 | 350 | $26.54 | $9K |
| Sale | Common Stock, $0.01 par value F1, F2 | 350 | $26.54 | $9K |
| Sale | Common Stock, $0.01 par value F1, F3 | 350 | $26.54 | $9K |
| Sale | Common Stock, $0.01 par value F1, F4 | 350 | $26.54 | $9K |
| Sale | Common Stock, $0.01 par value F1 | 3,017 | $26.85 | $81K |
| Sale | Common Stock, $0.01 par value F1, F2 | 3,017 | $26.85 | $81K |
| Sale | Common Stock, $0.01 par value F1, F3 | 3,017 | $26.85 | $81K |
| Sale | Common Stock, $0.01 par value F1, F4 | 3,017 | $26.85 | $81K |
Holdings After Transaction:
Common Stock, $0.01 par value — 222,931 shares (Direct);
Common Stock, $0.01 par value — 222,931 shares (Indirect, By Olesen Value Fund GP LLC);
Common Stock, $0.01 par value — 222,931 shares (Indirect, By Olesen Capital Management LLC);
Common Stock, $0.01 par value — 222,931 shares (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.
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