STOCK TITAN

Richardson Electronics (RELL) director to sell 1,500 shares

(Neutral)
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.

How many RELL shares are proposed to be sold in this Form 144?

The notice covers a proposed sale of 1,500 shares of Richardson Electronics common stock, with an indicated aggregate value of $28,850.00, to be executed through Fidelity Brokerage Services LLC.

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.

How were the RELL shares to be sold under this Form 144 originally acquired?

The 1,500 shares covered by the notice were acquired on 01/29/2024 as a stock award from Richardson Electronics, with payment method indicated as cash/check on the same date.

Who is executing the planned RELL share sale for Kenneth Halverson?

The proposed sale of 1,500 RELL shares is to be executed through Fidelity Brokerage Services LLC, which is also identified in the signature as attorney-in-fact for Kenneth Halverson.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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