STOCK TITAN

[Form 4] SOLITRON DEVICES INC Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Solitron Devices President and COO Mark Matson reported a Form 4 transaction involving 5,000 shares of common stock. Under his employment agreement, he may purchase up to 5,000 shares each quarter at the quarter’s weighted average price, which was $21.22 for the fourth quarter of fiscal 2026, compared with a $24.50 share price on the exercise date. After this transaction, he directly holds 238,573 shares.

Positive

  • None.

Negative

  • None.
Insider Matson Mark
Role President and COO
Type Security Shares Price Value
Other Common stock 5,000 $21.22 $106K
Holdings After Transaction: Common stock — 238,573 shares (Direct)
Footnotes (1)
  1. Adoption date of referenced 10b5-1(c) plan is: 08-13-2025. Per the terms of Mr. Matson's Employment Agreement, Effective Date August 13, 2025, Mr. Matson has the right to purchase up to 5,000 shares of Company common stock each quarter at a weighted average share price for the quarter for a period of thirty days after the end of the quarter. The weighted average share price was $21.22 for Solitron's fourth quarter fiscal year 2026. The share price on the exercise date was $24.50.
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).
X
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*
Matson Mark

(Last) (First) (Middle)
C/O SOLITRON DEVICES, INC.
901 SANSBURYS WAY

(Street)
WEST PALM BEACH FL 33411

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
President and COO
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common stock 03/11/2026 08/13/2025(1) J 5,000(2) A $21.22(2) 238,573 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Adoption date of referenced 10b5-1(c) plan is: 08-13-2025.
2. Per the terms of Mr. Matson's Employment Agreement, Effective Date August 13, 2025, Mr. Matson has the right to purchase up to 5,000 shares of Company common stock each quarter at a weighted average share price for the quarter for a period of thirty days after the end of the quarter. The weighted average share price was $21.22 for Solitron's fourth quarter fiscal year 2026. The share price on the exercise date was $24.50.
/s/ Mark Matson 03/12/2026
** 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.