Solitron Devices (SODI) holder Olesen Fund reports July share sales

Q: What insider transaction involving SODI did Olesen Value Fund report?

Olesen Value Fund L.P. reported open-market sales of 24,204 shares of Solitron Devices (SODI) common stock. The sales occurred over three days in July 2026 and were reported jointly with related entities that share pecuniary interests in the fund’s holdings.

Q: On what dates and at what prices were SODI shares sold in this Form 4?

The Form 4 shows SODI share sales on July 17, 20 and 21, 2026 . Reported sale prices were $29.56 per share on July 17, $29.71 on July 20 and $29.82 on July 21 in open-market or private transactions.

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

The filing is jointly filed 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 of SODI shares except to the extent of its or his pecuniary interest.

Q: What type of security in SODI was sold according to the Form 4?

The transactions involve Common Stock, $0.01 par value , of Solitron Devices Inc. All 12 reported transactions are non-derivative sales of common shares, executed at per-share prices in the high-$29 range during July 2026.

Q: Was the SODI Form 4 sale reported as a Rule 10b5-1 trading plan transaction?

No. The Rule 10b5-1 checkbox in the Form 4 data is not marked as affirming a trading plan (aff_10b5_one is false), and the footnotes describe beneficial ownership relationships without referencing any Rule 10b5-1 or pre-arranged trading plan.

Q: How does the SODI Form 4 describe beneficial ownership of the sold shares?

Footnotes state the shares are beneficially owned directly by Olesen Value Fund L.P. . The GP, investment manager and Christian Olesen may be deemed beneficial owners due to their roles, but each reporting person disclaims beneficial ownership beyond its or his pecuniary interest.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Solitron Devices Inc. shareholder Olesen Value Fund L.P., a 10% owner, and related entities reported open-market sales of 24,204 shares of common stock on July 17, 20 and 21, 2026 at prices between $29.56 and $29.82 per share. The filing is joint, and each reporting person disclaims beneficial ownership beyond its pecuniary interest.

Insider Trade Summary

Net Seller: 24,204 shares

Net Sell 12 txns

Insider Olesen Value Fund L.P.

Role 10% Owner

Sold 24,204 shs ($719K)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.01 par value ^F1	1,084	$29.82	$32K
Sale	Common Stock, $0.01 par value ^{F1, F2}	1,084	$29.82	$32K
Sale	Common Stock, $0.01 par value ^{F1, F3}	1,084	$29.82	$32K
Sale	Common Stock, $0.01 par value ^{F1, F4}	1,084	$29.82	$32K
Sale	Common Stock, $0.01 par value ^F1	3,366	$29.71	$100K
Sale	Common Stock, $0.01 par value ^{F1, F2}	3,366	$29.71	$100K
Sale	Common Stock, $0.01 par value ^{F1, F3}	3,366	$29.71	$100K
Sale	Common Stock, $0.01 par value ^{F1, F4}	3,366	$29.71	$100K
Sale	Common Stock, $0.01 par value ^F1	1,601	$29.56	$47K
Sale	Common Stock, $0.01 par value ^{F1, F2}	1,601	$29.56	$47K
Sale	Common Stock, $0.01 par value ^{F1, F3}	1,601	$29.56	$47K
Sale	Common Stock, $0.01 par value ^{F1, F4}	1,601	$29.56	$47K

Holdings After Transaction: Common Stock, $0.01 par value — 216,880 shares (Direct); Common Stock, $0.01 par value — 216,880 shares (Indirect, By Olesen Value Fund GP LLC); Common Stock, $0.01 par value — 216,880 shares (Indirect, By Olesen Capital Management LLC); Common Stock, $0.01 par value — 216,880 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.

Key Figures

Shares sold: 24,204 shares Sale price on July 21, 2026: $29.82 per share Sale price on July 20, 2026: $29.71 per share +3 more

6 metrics

Shares sold 24,204 shares Aggregate non-derivative common stock sales reported across all transactions

Sale price on July 21, 2026 $29.82 per share Common stock sale reported on 2026-07-21

Sale price on July 20, 2026 $29.71 per share Common stock sale reported on 2026-07-20

Sale price on July 17, 2026 $29.56 per share Common stock sale reported on 2026-07-17

Number of sale transactions 12 Total non-derivative sale entries reported

Net share change -24,204 shares Net of all reported buy and sell transactions in this Form 4

Key Terms

beneficial ownership, pecuniary interest, Section 16, investment manager

4 terms

beneficial ownership financial

"Each Reporting Person disclaims beneficial ownership of the shares of Common Stock"

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 financial

"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.

investment manager financial

"Olesen Capital Management LLC, as the investment manager of Olesen Value Fund L.P."

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/21/2026 - 04:21 PM Accepted by SEC EDGAR 07/21/2026 - 04:21 PM

FAQ

What insider transaction involving SODI did Olesen Value Fund report?

Olesen Value Fund L.P. reported open-market sales of 24,204 shares of Solitron Devices (SODI) common stock. The sales occurred over three days in July 2026 and were reported jointly with related entities that share pecuniary interests in the fund’s holdings.

On what dates and at what prices were SODI shares sold in this Form 4?

The Form 4 shows SODI share sales on July 17, 20 and 21, 2026. Reported sale prices were $29.56 per share on July 17, $29.71 on July 20 and $29.82 on July 21 in open-market or private transactions.

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

The filing is jointly filed 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 of SODI shares except to the extent of its or his pecuniary interest.

What type of security in SODI was sold according to the Form 4?

The transactions involve Common Stock, $0.01 par value, of Solitron Devices Inc. All 12 reported transactions are non-derivative sales of common shares, executed at per-share prices in the high-$29 range during July 2026.

Was the SODI Form 4 sale reported as a Rule 10b5-1 trading plan transaction?

No. The Rule 10b5-1 checkbox in the Form 4 data is not marked as affirming a trading plan (aff_10b5_one is false), and the footnotes describe beneficial ownership relationships without referencing any Rule 10b5-1 or pre-arranged trading plan.

How does the SODI Form 4 describe beneficial ownership of the sold shares?

Footnotes state the shares are beneficially owned directly by Olesen Value Fund L.P.. The GP, investment manager and Christian Olesen may be deemed beneficial owners due to their roles, but each reporting person disclaims beneficial ownership beyond its or his pecuniary interest.

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)
07/17/2026

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⁾	07/17/2026		S		1,601	D	$29.56	221,330	D
Common Stock, $0.01 par value⁽¹⁾	07/17/2026		S		1,601	D	$29.56	221,330	I	By Olesen Value Fund GP LLC⁽²⁾
Common Stock, $0.01 par value⁽¹⁾	07/17/2026		S		1,601	D	$29.56	221,330	I	By Olesen Capital Management LLC⁽³⁾
Common Stock, $0.01 par value⁽¹⁾	07/17/2026		S		1,601	D	$29.56	221,330	I	By Christian Olesen⁽⁴⁾
Common Stock, $0.01 par value⁽¹⁾	07/20/2026		S		3,366	D	$29.71	217,964	D
Common Stock, $0.01 par value⁽¹⁾	07/20/2026		S		3,366	D	$29.71	217,964	I	By Olesen Value Fund GP LLC⁽²⁾
Common Stock, $0.01 par value⁽¹⁾	07/20/2026		S		3,366	D	$29.71	217,964	I	By Olesen Capital Management LLC⁽³⁾
Common Stock, $0.01 par value⁽¹⁾	07/20/2026		S		3,366	D	$29.71	217,964	I	By Christian Olesen⁽⁴⁾
Common Stock, $0.01 par value⁽¹⁾	07/21/2026		S		1,084	D	$29.82	216,880	D
Common Stock, $0.01 par value⁽¹⁾	07/21/2026		S		1,084	D	$29.82	216,880	I	By Olesen Value Fund GP LLC⁽²⁾
Common Stock, $0.01 par value⁽¹⁾	07/21/2026		S		1,084	D	$29.82	216,880	I	By Olesen Capital Management LLC⁽³⁾
Common Stock, $0.01 par value⁽¹⁾	07/21/2026		S		1,084	D	$29.82	216,880	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	07/21/2026
	For Olesen Value Fund GP LLC; By: /s/ Christian Olesen, Managing Member	07/21/2026
	For Olesen Capital Management LLC; By: /s/ Christian Olesen, Managing Member	07/21/2026
	For Christian Olesen; By: /s/ Christian Olesen	07/21/2026
	** 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