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Solitron Devices (SODI) CEO-affiliated funds sell 563 shares at $34.82

(Neutral)
(Negative)
Form Type
4

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 Eriksen Howard Timothy, ERIKSEN CAPITAL MANAGEMENT LLC, CEDAR CREEK PARTNERS LLC
Role CEO | 10% Owner | 10% Owner
Sold 563 shs ($20K)
Type Security Shares Price Value
Sale Common stock F1, F2 563 $34.82 $20K
holding Common stock -- -- --
Holdings After Transaction: Common stock — 263,833 shares (Indirect, See footnote.); Common stock — 60,827 shares (Direct)
Footnotes (2)
  1. 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.
  2. 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.
Shares sold 563 shares Common stock sale on 2026-08-11 by affiliated entities
Sale price $34.82 per share Price for 563-share common stock sale on 2026-08-11
Indirect holdings after sale 263,833 shares Total indirect common stock holdings reported after the transaction
Direct holdings 60,827 shares Common stock held directly by Howard Timothy Eriksen
Cedar Creek Partners stake 240,341 shares Shares owned by Cedar Creek Partners LLC as described in footnote
ECM managed accounts stake 23,492 shares Shares owned by managed accounts of Eriksen Capital Management LLC
managed accounts financial
"23,492 shares owned by managed accounts of ECM."
Managed accounts are collections of investments owned by an individual or institution but run day-to-day by a professional who buys, sells and allocates assets according to an agreed plan. They matter to investors because they provide tailored oversight, active risk control and potential tax efficiency—like hiring a personal chef to manage your diet—while fees and the manager’s skill directly affect returns.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest"
investment partnership financial
"Represents 240,341 shares owned by Cedar Creek Partners LLC, an investment partnership"
beneficially own financial
"Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

FAQ

What insider transaction did Solitron Devices (SODI) report on this Form 4?

The Form 4 reports a sale of 563 shares of Solitron Devices common stock on 2026-08-11 at $34.82 per share, attributed to entities associated with CEO and 10% owner Howard Timothy Eriksen.

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

The reporting persons are Howard Timothy Eriksen (CEO, director, 10% owner), Eriksen Capital Management LLC, and Cedar Creek Partners LLC, each listed as a 10% owner in the beneficial ownership structure.

How many Solitron Devices (SODI) shares do the reporting persons hold after the transaction?

After the transaction, affiliated entities report 263,833 shares indirectly and Mr. Eriksen reports 60,827 shares directly, reflecting both Cedar Creek Partners LLC and Eriksen Capital Management LLC managed account positions.

Was the Solitron Devices (SODI) share sale by Howard Eriksen personally or by client accounts?

The footnote states the 563-share sale involved Cedar Creek Partners LLC and Eriksen Capital Management LLC managed accounts. The reporting person disclaims beneficial ownership except for his pecuniary interest in these client-related holdings.

What reason is given for the 563-share sale in Solitron Devices (SODI)?

The filing explains the sale of 563 shares was part of client portfolio rebalancing and tax planning related to Cedar Creek Partners LLC and Eriksen Capital Management LLC managed accounts.

How are voting rights handled for Solitron Devices (SODI) shares in ECM managed accounts?

For the 23,492 shares held in Eriksen Capital Management LLC managed accounts, the filing states that the respective owners of the managed accounts vote the shares, not the adviser.

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SEC Form 4
FORM 4UNITED 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*
Eriksen Howard Timothy

(Last)(First)(Middle)
8695 GLENDALE RD

(Street)
CUSTER WASHINGTON 98240

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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)
CodeVAmount(A) or (D)Price
Common stock08/11/2026S563D$34.82263,833I(1)See footnote.(2)
Common stock60,827D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Eriksen Howard Timothy

(Last)(First)(Middle)
8695 GLENDALE RD

(Street)
CUSTER WASHINGTON 98240

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO
1. Name and Address of Reporting Person*
ERIKSEN CAPITAL MANAGEMENT LLC

(Last)(First)(Middle)
8695 GLENDALE RD

(Street)
CUSTER WASHINGTON 98240

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
CEDAR CREEK PARTNERS LLC

(Last)(First)(Middle)
8695 GLENDALE RD

(Street)
CUSTER WASHINGTON 98240

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. 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.
2. 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.
/s/ Tim Eriksen08/12/2026
/s/ Tim Eriksen on behalf of Eriksen Capital Management LLC08/12/2026
/s/ Tim Eriksen on behalf of Cedar Creek Partners LLC08/12/2026
** Signature of Reporting PersonDate
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)