SODI President & COO acquires 50,000 shares; ownership 228,573
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solitron Devices (SODI) executive Mark Matson reported acquiring 50,000 shares of common stock at $14.50 per share on 11/10/2025, coded J. Following the transaction, he beneficially owns 228,573 shares, held directly.
The filing notes a Rule 10b5-1(c) trading plan adopted on 08/13/2025 and cites his Employment Agreement giving the right to purchase up to 50,000 shares at $14.50 for ninety days after that effective date. The share price on the exercise date was $18.50. Matson serves as President and COO.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Matson Mark
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common stock | 50,000 | $14.50 | $725K |
Holdings After Transaction:
Common stock — 228,573 shares (Direct)
Footnotes (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 50,000 shares of Company common stock at a share price of $14.50 for a period of ninety days after the Effective Date. The share price on the exercise date was $18.50.
FAQ
What did SODI's executive report in the Form 4?
Mark Matson reported acquiring 50,000 shares of common stock at $14.50 per share on 11/10/2025.
Was the SODI transaction under a 10b5-1 plan?
Yes. The filing references a Rule 10b5-1(c) plan adopted on 08/13/2025.
What is Mark Matson’s role at SODI?
He serves as President and COO.