Richardson Electronics (RELL) director to sell 1,500 shares
Rhea-AI Filing Summary
RICHARDSON ELECTRONICS, LTD. (RELL) director Kenneth Halverson filed a notice to sell company common stock under Rule 144. The filing covers a proposed sale of 1,500 shares through Fidelity Brokerage Services LLC, with an indicated aggregate value of $28,850.00. The shares were acquired on 01/29/2024 as a stock award from the issuer. The notice also reports that during the prior three months, Halverson sold 5,000 shares for total proceeds of $93,818.59.
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Key Figures
Proposed shares to be sold: 1,500 shares
Proposed aggregate sale value: $28,850.00
Shares sold in past 3 months: 5,000 shares
+2 more
5 metrics
Proposed shares to be sold
1,500 shares
Rule 144 notice for planned sale of Richardson Electronics common stock
Proposed aggregate sale value
$28,850.00
Aggregate value of the 1,500 shares covered by the Rule 144 notice
Shares sold in past 3 months
5,000 shares
Sale reported on 08/03/2026 during the three months preceding the notice
Proceeds from past 3-month sale
$93,818.59
Total consideration for 5,000 shares sold on 08/03/2026
Acquisition date of shares to be sold
01/29/2024
Date the 1,500 shares were received as a stock award from the issuer
Key Terms
Rule 144, stock award, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock award financial
"Common | 01/29/2024 | Stock Award | Issuer"
attorney-in-fact regulatory
"as attorney-in-fact for Halverson Kenneth"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for RELL director Kenneth Halverson?
It discloses that director Kenneth Halverson plans to sell 1,500 RELL common shares under Rule 144 and reports a prior 5,000-share sale over the past three months.
What prior RELL stock sales by Kenneth Halverson are reported in this Form 144?
The filing reports that on 08/03/2026, 5,000 shares of Richardson Electronics common stock were sold for total consideration of $93,818.59 during the preceding three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.