---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-027022"
form_type: "8-K"
ticker: "SODI"
cik: "0000091668"
company_name: "SOLITRON DEVICES INC"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:48:10.889215+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Solitron Devices amends COO Matson's employment; issues cash and equity bonuses to executives and directors

## Summary
- New 3-year term for President/COO Matson; base salary $450K with bonus tied to profit tiers up to 7% above $6M.
- Matson receives option to buy 50K shares at $14.50 for 90 days, plus quarterly purchase rights for up to 5K shares each quarter.
- Severance on termination without cause: 2x base salary plus 36 months COBRA reimbursement.
- Discretionary cash bonuses: $25K to Matson; $10K to CFO Campbell; 2,000 vested shares to each named officer and each non-employee director.
- CFO Campbell's annual base salary increased to $200,000; all stock grants immediately vested from 2019 Stock Incentive Plan.

## SEC filing metadata
- accession: 0001437749-25-027022
- form_type: 8-K
- ticker: SODI
- cik: 0000091668
- company_name: SOLITRON DEVICES INC
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91668/000143774925027022/0001437749-25-027022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91668/000143774925027022/sodi20250812_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-027022
- JSON: https://secwatch.observer/filing/0001437749-25-027022.json
- Plain text: https://secwatch.observer/filing/0001437749-25-027022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.