tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Solitron Devices Extends COO’s Employment Agreement

Story Highlights
  • Solitron Devices updated the employment agreement with Mark Matson, extending his term and adjusting compensation.
  • The company awarded bonuses and stock grants to executives and directors for their contributions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Solitron Devices Extends COO’s Employment Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Solitron Devices ( (SODI) ) has shared an announcement.

On August 2025, Solitron Devices updated the employment agreement with Mark Matson, its President and COO, extending his term for three years with automatic renewals. His salary is set at $450,000 with potential increases, and he has stock purchase rights and a bonus plan based on company profits. Additionally, the company awarded discretionary bonuses and stock grants to key executives and non-employee directors, recognizing their contributions.

Spark’s Take on SODI Stock

According to Spark, TipRanks’ AI Analyst, SODI is a Neutral.

Solitron Devices faces challenges in profitability and valuation, with a significant recent decline in sales and income. Despite strong financial fundamentals and potential future opportunities, current valuation and recent corporate events weigh on the overall score.

To see Spark’s full report on SODI stock, click here.

More about Solitron Devices

Average Trading Volume: 1,468

Technical Sentiment Signal: Buy

Current Market Cap: $33.53M

For an in-depth examination of SODI stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1