Key facts
- This page summarizes David W. Pointer's Form 4 filing for SOLITRON DEVICES INC (SODI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 18 Oct 2023, 08:08.
David W. Pointer - 16 Oct 2023 Form 4 Insider Report for SOLITRON DEVICES INC (SODI)
- Reporting relationship
- Director, Chairman of the Board
- Issuer ticker
- SODI
- Reported as of
- 16 Oct 2023
- Net transaction value
- -$651,266
- SEC form
- 4
- Accepted by SEC
- 18 Oct 2023, 08:08:37 UTC
- Prior SEC filing
- 30 Dec 2021
- Next SEC filing
- 14 Aug 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ David W. Pointer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David W. Pointer filed Form 4 for SOLITRON DEVICES INC (SODI) on 18 Oct 2023.
Change
- Previous filing in this sequence was filed on 30 Dec 2021.
- Current net transaction value: -$651,266.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SODI
transaction
Common Stock
Other
- Transaction value
- $717,478
- Shares
- -67,054
- Change %
- -100%
- Price
- $10.70
- Shares after
- 0
- Date
- 16 Oct 2023
- Ownership
- See Footnote
- Footnotes
- F1, F2
SODI
transaction
Common Stock
Other
- Transaction value
- $66,212
- Shares
- +6,188
- Change %
- +27%
- Price
- $10.70
- Shares after
- 29,188
- Date
- 16 Oct 2023
- Ownership
- Direct
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
These shares were owned by VI Capital Fund LP, for which Mr. Pointer is the managing partner. In prior reports, Mr. Porter reported the beneficial ownership of the 67,054 shares of Solitron. VI Capital is in the process of liquidating. As part of the process partners had the option of receiving cash or shares of common stock in Solitron. VI Capital agreed to sell 35,000 shares not being distributed to Cedar Creek Partners LLC, managed by Tim Eriksen, Solitron's CEO, and 19,482 shares not being distributed to Mark Matson, Solitron's COO, at the mid point between the bid and ask price on October 11, 2023 which was $10.70 per share.
Footnote F2
These securities were distributed from VI Capital, a fund managed by Mr. Pointer, that is in the process of liquidating. Mr. Pointer had the option of receiving cash or shares of Solitron in the liquidation. Mr. Pointer chose shares of Solitron in proportion to his ownership in VI Capital Fund.