secwatch.observer — SEC 8-K summary
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Issuer:     SOLITRON DEVICES INC (SODI)
CIK:        0000091668
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001654954-24-002077
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Solitron Devices increases CEO salary to $100k and COO to $285k effective March 1
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- CEO/CFO Tim Eriksen annual base salary raised to $100,000 from prior level.
- President/COO Mark Matson annual base salary raised to $285,000.
- Board Chairman David Pointer compensation increased to $40,000; Audit Chair Johnn Chiste to $30,000.
- Compensation Committee Chair Dwight Aubrey set at $28,000; Nominating Chair Charles Gillman at $24,000.
- All changes effective March 1, 2024, per February 19, 2024 board action.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91668/000165495424002077/0001654954-24-002077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91668/000165495424002077/sodi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-002077

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