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Shareholder of issuer (NASDAQ: RELL) files Rule 144 sale notice

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of the issuer plans to sell 10,000 shares of common stock under Rule 144. The planned sale has an aggregate market value of $135,900, with the shares listed on NASDAQ. The issuer had 12,443,851 shares outstanding at the time of this notice.

The shares to be sold were acquired on 02/10/2026 through a stock option exercise from the issuer, paid by cash/check. The seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filing for RELL disclose?

The filing discloses a planned sale of 10,000 common shares under Rule 144, with an aggregate market value of $135,900. The notice is a prerequisite disclosure before the shareholder sells restricted or control securities into the public market.

How many RELL shares are planned to be sold and at what value?

The shareholder plans to sell 10,000 shares of common stock with an aggregate market value of $135,900. These figures reflect the amount and approximate value of the proposed transaction disclosed for compliance with Rule 144 resale requirements.

How were the RELL shares being sold under Rule 144 acquired?

The 10,000 common shares were acquired on 02/10/2026 through a stock option exercise from the issuer, paid by cash or check. This links the proposed Rule 144 sale directly to recently exercised options rather than open-market purchases.

On which exchange are the RELL shares listed for this Rule 144 sale?

The common shares referenced in the Rule 144 notice are listed on NASDAQ. The filing also notes 12,443,851 shares outstanding for the issuer, giving context to the relative size of the planned 10,000-share sale.

What representation does the RELL shareholder make in the Form 144?

By signing the notice, the shareholder represents they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, which is a key requirement for selling under Rule 144.
Richardson Electrs Ltd

NASDAQ:RELL

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Electronic Components
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