Form 4: Solitron COO Receives Stock Grant

Solitron Devices' President and COO, Mark Matson, was granted 2,000 shares of common stock, immediately vested under the company's 2019 Stock Incentive Plan.

Summary

• Mark Matson, President and COO of Solitron Devices, Inc. (SODI), acquired 2,000 shares of common stock.
• The shares were granted on August 13, 2025, at a price of $0 per share.
• This grant is immediately vested and was made pursuant to the Solitron Devices, Inc. 2019 Stock Incentive Plan.
• Following this transaction, Mark Matson beneficially owns a total of 178,573 shares of common stock.

Sentiment

Score: 6

Explanation: The grant of immediately vested common stock to a key executive like the President and COO is generally viewed positively as it aligns management's financial interests directly with the long-term performance and shareholder value of the company.

Positives

• The grant of 2,000 shares to President and COO Mark Matson aligns his interests with shareholders, as the shares are immediately vested.
• The use of the 2019 Stock Incentive Plan indicates a structured approach to executive compensation and retention.

Future Outlook

NA

Industry Context

This stock grant is a common practice in the industry for executive compensation, aiming to align management incentives with shareholder value creation.

Comparison to Industry Standards

• The immediate vesting of the stock grant is a standard practice for certain types of incentive plans, though some plans may include performance or time-based vesting conditions.
• The grant size of 2,000 shares for a President and COO would typically be evaluated against peer companies' executive compensation packages, considering company size, performance, and industry norms, though specific comparable data is not provided in this filing.

Related Party Transactions

• The grant of common stock to President and COO Mark Matson is a transaction between the company and an insider, structured under the Solitron Devices, Inc. 2019 Stock Incentive Plan.

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with shareholder value.
• Employees: No direct impact mentioned, but could signal stability in executive compensation practices.

Key Dates

Keywords

Solitron Devices, SODI, Mark Matson, stock grant, insider transaction, Form 4, executive compensation, common stock