Solitron Devices (SODI) CEO-affiliated funds sell 563 shares at $34.82
Rhea-AI Filing Summary
Solitron Devices Inc. insider reporting relates to CEO and 10% owner Howard Timothy Eriksen and affiliated entities Eriksen Capital Management LLC (ECM) and Cedar Creek Partners LLC. An investment partnership and ECM-managed accounts sold 563 shares of Solitron Devices common stock on 2026-08-11 at $34.82 per share in a transaction reported as an indirect sale. After this sale, affiliated indirect holdings total 263,833 shares, consisting of 240,341 shares held by Cedar Creek Partners LLC and 23,492 shares held in ECM-managed accounts, where the respective account owners vote the shares. Howard Eriksen also holds 60,827 shares directly. The filing states that the reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest and that the 563-share sale was part of client portfolio rebalancing and tax planning.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock F1, F2 | 563 | $34.82 | $20K |
| holding | Common stock | -- | -- | -- |
Footnotes (2)
- F1. Represents 240,341 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 23,492 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Sale of 563 shares was part of client portfolio rebalancing and tax planning.
- F2. This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners and the managed accounts.
Key Figures
Key Terms
managed accounts financial
pecuniary interest financial
investment partnership financial
beneficially own financial
FAQ
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