Solitron Devices (SODI) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
7 Apr, 2026Executive summary
Annual meeting scheduled for April 24, 2026, with both in-person and live audio stream options for shareholders.
Shareholders must pre-register by April 22, 2026, to access the live stream and submit questions.
Proxy materials, including the proxy statement and annual report, are available online.
The company focuses on designing and manufacturing semiconductor components for military and aerospace markets.
Recent acquisition of Micro Engineering Inc. (MEI) completed on September 1, 2023, expanding capabilities in engineering and manufacturing.
Voting matters and shareholder proposals
Shareholders are encouraged to vote proxies by April 22, 2026; virtual voting is not available.
Board of directors and corporate governance
CEO Tim Eriksen is highlighted as a key executive contact for the meeting and company communications.
Latest events from Solitron Devices
- Net sales surged 101% year-over-year, resulting in $990,000 net income and a 45% gross margin.SODI
Q1 2027 - Revenue up 21% to $16.97M, backlog up 51%, but net income flat at $807K due to acquisition costs.SODIQ4 2026
- Annual meeting to vote on director, auditor, and executive pay, with strong governance focus.SODIProxy Filing
- Quarterly sales and backlog surged, but nine-month profit declined on higher costs.SODIQ3 2026
- Director elections, auditor ratification, and Say on Pay headline the annual meeting agenda.SODIProxy Filing
- Annual meeting on January 24, 2025, features new MEI acquisition and hybrid participation.SODIProxy Filing
- Net sales grew 11% but higher costs and one-time charges drove a net loss as backlog hit record highs.SODIQ2 2026
- Bookings and backlog surged despite sharp declines in sales and profit.SODIQ1 2026
- Sales up 39%, but net income and bookings fell amid higher costs and supply issues.SODIQ2 2025