Olesen fund sells 13,488 Solitron Devices shares
Olesen Value Fund L.P., a ten percent owner of Solitron Devices Inc, reported a series of open-market sales of common stock.
Rhea-AI Filing Summary
Olesen Value Fund L.P., a ten percent owner of Solitron Devices Inc, reported a series of open-market sales of common stock. Across July 1–7, 2026, entities associated with the fund sold a total of 13,488 shares at prices ranging from $26.24 to $26.83 per share.
Following these transactions, the reporting group shows 226,298 shares of Solitron Devices common stock beneficially owned. The shares are held directly by Olesen Value Fund L.P. and indirectly through related entities and Christian Olesen, each of whom disclaims beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,488 shares
Net Sell
16 txns
Insider
Olesen Value Fund L.P.
Role
10% Owner
Sold
13,488 shs ($358K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 483 | $26.83 | $13K |
| Sale | Common Stock, $0.01 par value | 483 | $26.83 | $13K |
| Sale | Common Stock, $0.01 par value | 483 | $26.83 | $13K |
| Sale | Common Stock, $0.01 par value | 483 | $26.83 | $13K |
| Sale | Common Stock, $0.01 par value | 800 | $26.80 | $21K |
| Sale | Common Stock, $0.01 par value | 800 | $26.80 | $21K |
| Sale | Common Stock, $0.01 par value | 800 | $26.80 | $21K |
| Sale | Common Stock, $0.01 par value | 800 | $26.80 | $21K |
| Sale | Common Stock, $0.01 par value | 1,969 | $26.40 | $52K |
| Sale | Common Stock, $0.01 par value | 1,969 | $26.40 | $52K |
| Sale | Common Stock, $0.01 par value | 1,969 | $26.40 | $52K |
| Sale | Common Stock, $0.01 par value | 1,969 | $26.40 | $52K |
| Sale | Common Stock, $0.01 par value | 120 | $26.24 | $3K |
| Sale | Common Stock, $0.01 par value | 120 | $26.24 | $3K |
| Sale | Common Stock, $0.01 par value | 120 | $26.24 | $3K |
| Sale | Common Stock, $0.01 par value | 120 | $26.24 | $3K |
Holdings After Transaction:
Common Stock, $0.01 par value — 226,298 shares (Direct);
Common Stock, $0.01 par value — 226,298 shares (Indirect, By Olesen Value Fund GP LLC);
Common Stock, $0.01 par value — 226,298 shares (Indirect, By Olesen Capital Management LLC);
Common Stock, $0.01 par value — 226,298 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
Total shares sold: 13,488 shares
Shares after transactions: 226,298 shares
Sale price (July 1, 2026): $26.24 per share
+4 more
7 metrics
Total shares sold
13,488 shares
Net open-market sales reported in Form 4
Shares after transactions
226,298 shares
Beneficially owned following reported sales
Sale price (July 1, 2026)
$26.24 per share
Open-market sales on July 1, 2026
Sale price (July 2, 2026)
$26.40 per share
Open-market sales on July 2, 2026
Sale price (July 6, 2026)
$26.80 per share
Open-market sales on July 6, 2026
Sale price (July 7, 2026)
$26.83 per share
Open-market sales on July 7, 2026
Number of sale transactions
16 transactions
All coded as open-market sales (S)
Key Terms
open-market sale, beneficial ownership, ten percent owner, pecuniary interest, +1 more
5 terms
open-market sale financial
"Each transaction is described as an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"The footnotes explain how beneficial ownership of the common stock is attributed."
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.
ten percent owner financial
"Olesen Value Fund L.P. is identified as a ten percent owner of the issuer."
pecuniary interest financial
"Each reporting person disclaims beneficial ownership except to the extent of its or his pecuniary interest."
Section 16 regulatory
"The footnote states this report is not an admission of beneficial ownership 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.
FAQ
What did Olesen Value Fund L.P. report in this Solitron Devices (SODI) Form 4?
Olesen Value Fund L.P. reported multiple open-market sales of Solitron Devices common stock. Associated entities sold 13,488 shares between July 1 and July 7, 2026, at prices around the mid-$26 range, reducing their reported beneficial holdings.
Who are the reporting persons involved in the Solitron Devices (SODI) Form 4?
The filing is made jointly 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 beyond their pecuniary interest in the Solitron Devices common shares.
Are the Solitron Devices (SODI) insider transactions direct or indirect holdings?
The Form 4 lists both direct and indirect ownership. Many transactions are marked as indirectly held through Christian Olesen, Olesen Capital Management LLC, or Olesen Value Fund GP LLC, while some sales are recorded under direct ownership by Olesen Value Fund L.P.
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