Notice of Proposed Sale · 144
Solitron Devices Inc
SODIOTCEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- SOLITRON DEVICES INC
- Issuer CIK
- 0000091668
- SEC file number
- 001-04978
- Phone
- 561-848-4311
- Person for whose account securities are to be sold
- Olesen Value Fund L.P.
- Relationships to issuer
- 10% Stockholder
- Street
- 901 SANSBURYS WAY
- City
- WEST PALM BEACH
- State / country code
- NJ
- Postal code
- 33411
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value | 20,000 | 665,800.00 | 2,152,703 | 09/29/2026 | OTC-PINK | Auerbach Grayson & Company LLC |
Broker / market maker — proposed row 1, entry 1
- Name
- Auerbach Grayson & Company LLC
- Street
- 20 W. 55th Street
- City
- New York
- State / country code
- NY
- Postal code
- 10019
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value | 10/16/2015 | Open market purchases on various dates beginning 10/16/2015. | N/A | 20,000 | N | 10/22/2015 | Cash payment of good funds upon regular trade settlement on various dates beginning 10/22/2015. |
Sales reported in the preceding three months
| Seller | Security | Sale date | Amount sold | Gross proceeds |
|---|---|---|---|---|
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/01/2026 | 120 | 3,148.80 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/02/2026 | 1,969 | 51,981.60 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/06/2026 | 800 | 21,440.00 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/07/2026 | 483 | 12,958.89 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/08/2026 | 3,017 | 81,006.45 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/10/2026 | 350 | 9,289.00 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/17/2026 | 1,601 | 29.56 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/20/2026 | 3,366 | 100,003.86 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/21/2026 | 1,084 | 32,324.88 |
| Olesen Value Fund L.P. | Common Stock, $0.01 par value | 07/22/2026 | 372 | 11,100.48 |
Seller — prior-sale row 1, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 2, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 3, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 4, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 5, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 6, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 7, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 8, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 9, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Seller — prior-sale row 10, entry 1
- Name
- Olesen Value Fund L.P.
- Street
- 185 Hudson Street
- Street (continued)
- Suite 2539
- City
- Jersey City
- State / country code
- NJ
- Postal code
- 07311
Prior-sale reporting
- Nothing to report for the preceding three months
- N
Remarks
This Form 144 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, Jersey City, NJ 07311. The securities to be sold are owned by Olesen Value Fund L.P., which is controlled by Olesen Value Fund GP LLC as its general partner, by Olesen Capital Management LLC as its investment manager, and by Christian Olesen as the managing member of Olesen Value Fund GP LLC and Olesen Capital Management LLC. The filers intend to sell up to 20,000 shares in total through one or more of the broker(s) listed on this form.
Notice signature
- Notice date
- 09/29/2026
- Signed
- Christian Olesen
Company context
Solitron Devices, Inc., a Delaware corporation, designs, develops, manufactures and markets solid state semiconductor components and related devices primarily for the military and aerospace markets. The Company manufactures a large variety of bipolar and metal oxide semiconductor (“MOS”) power transistors, power and control hybrids, junction and power MOS field effect transistors (“Power MOSFETS”), and other related products. Most of the Company’s products are custom made pursuant to contracts with customers whose end products are sold to the United States government. Other products, such as Joint Army/Navy (“JAN”) transistors, diodes and Standard Military Drawings voltage regulators, are sold as standard or catalog items.