17,000 Richardson Electronics (NASDAQ: RELL) shares set for Rule 144 sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Richardson Electronics has a Rule 144 notice covering the planned sale of 17,000 shares of its common stock through broker Muriel Siebert & Co., LLC on NASDAQ, with an aggregate market value of $203,830. The table shows 12,500,000 common shares outstanding as a baseline figure. The seller acquired these 17,000 shares by exercising stock options granted by the issuer between 2018 and 2021, using cashless exercises on each acquisition date.
Positive
- None.
Negative
- None.
FAQ
What does the Rule 144 filing for RELL cover?
The Rule 144 notice for Richardson Electronics (RELL) covers a proposed sale of 17,000 common shares on NASDAQ through Muriel Siebert & Co., LLC, with an aggregate market value of $203,830.
Does the Rule 144 filer make any representation about inside information on RELL?
Yes. By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about Richardson Electronics’ current or prospective operations that has not been publicly disclosed.