SCHEDULE: Wexford Capital Reduces Solitario Resources Stake Below 5%

Wexford Capital LP and affiliated entities have reduced their beneficial ownership in Solitario Resources Corp. to 4.92%, triggering an amended Schedule 13G filing.

Summary

• Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, and Joseph M. Jacobs (the "Reporting Persons") have filed an Amendment No. 1 to their Schedule 13G for Solitario Resources Corp.
• The Reporting Persons now beneficially own 4,469,538 shares of Solitario Resources Corp. Common Stock.
• This represents 4.92% of the outstanding Common Stock, based on 90,901,324 shares outstanding as of October 29, 2025.
• This filing indicates a decrease in beneficial ownership, with transactions on February 10, 2026, resulting in a 1% decrease, and subsequent transactions on February 11, 2026, bringing their total ownership below 5%.
• The Reporting Persons disclaim beneficial ownership of the securities held by KIA II LLC ("KIA") except to the extent of their respective pecuniary interests.
• The purpose of the holdings is not to change or influence control of the issuer.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a moderately negative signal, as a prominent institutional investor has reduced its stake below a key reporting threshold, which could imply a shift in investment strategy or outlook regarding Solitario Resources Corp.

Negatives

• Wexford Capital and its affiliates have reduced their stake in Solitario Resources Corp., dropping below the 5% beneficial ownership threshold.
• A significant institutional investor reducing its stake could be perceived negatively by the market, potentially signaling a lack of confidence or a reallocation of capital.

Risks

• The reduction in ownership by a significant institutional investor like Wexford Capital could lead to increased selling pressure on Solitario Resources Corp.'s stock.
• A decrease in institutional ownership might reduce investor confidence in the company.

Industry Context

StockSavvy.ai notes that institutional investor movements, particularly reductions in significant stakes, are closely watched by the market. While a routine disclosure, a reduction by a firm like Wexford Capital could influence other investors' perceptions of Solitario Resources Corp., especially if the company operates in a volatile sector like resources.

Stakeholder Impact

• Shareholders: May experience negative sentiment and potential selling pressure on the stock due to the reduction in institutional ownership.
• Management: May face questions regarding the reasons for the institutional investor's reduced stake.

Key Dates

Recommendation

The reduction in beneficial ownership by Wexford Capital LP and its affiliates below the 5% threshold suggests a diminished conviction in Solitario Resources Corp. from a sophisticated institutional investor. This move, often interpreted as a negative signal, could lead to further downward pressure on the stock price. Investors may consider selling to mitigate potential losses or reallocate capital to opportunities with stronger institutional backing.

Keywords

Solitario Resources Corp, Wexford Capital, Schedule 13G, beneficial ownership, institutional ownership, stock ownership, SEC filing, common stock, investment reduction