secwatch.observer — SEC 8-K summary
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Issuer:     SOLITRON DEVICES INC (SODI)
CIK:        0000091668
Form:       8-K
Filed at:   2021-12-27T23:59:59+00:00
Accession:  0001654954-21-013530
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Solitron Devices increases CEO salary to $90k, President to $240k, and awards bonuses of $65k and $162.5k
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- CEO Tim Eriksen's base salary raised to $90,000 effective Jan 1, 2022; awarded $65,000 discretionary bonus.
- President/COO Mark Matson's base salary raised to $240,000 effective Jan 1, 2022; awarded $162,500 discretionary bonus.
- Compensation Committee approved the changes on December 23, 2021.
- Eriksen also serves as Interim CFO; no other officer changes reported.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91668/000165495421013530/0001654954-21-013530-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91668/000165495421013530/sodi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-013530

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