5,000 RELL shares set for Rule 144 sale by holder on NASDAQ

Rhea-AI Filing Summary

A holder of Richardson Electronics (RELL) common stock has filed a notice of proposed sale under Rule 144. The notice covers the planned sale of 5,000 common shares through Fidelity Brokerage Services LLC on the NASDAQ, with an aggregate market value of $57,950.00 as stated in the form.

The shares to be sold were originally acquired as stock awards from the issuer on several dates, including 08/20/2019, 10/09/2018, and 10/09/2019, in each case as compensation rather than for cash. The form also notes that 12,481,251 common shares were outstanding at the time referenced, which is a baseline share count for the company.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 245 Summer Street Boston MA 02110	5000	57950.00	12481251	02/04/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/09/2019	Stock Award	ISSUER			1480	10/09/2019	Compensation
Common	08/20/2019	Stock Award	ISSUER			2487	08/20/2019	Compensation
Common	10/09/2018	Stock Award	ISSUER			1033	10/09/2018	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing for Richardson Electronics (RELL) disclose?

The Form 144 discloses a planned sale of Richardson Electronics common stock. A holder intends to sell 5,000 common shares on NASDAQ with an aggregate market value of $57,950.00, indicating an upcoming secondary sale rather than a new share issuance by the company.

How many Richardson Electronics (RELL) shares are planned for sale under this Form 144?

The notice covers a proposed sale of 5,000 common shares. These shares are to be sold through Fidelity Brokerage Services LLC on NASDAQ, with the filing listing an aggregate market value of $57,950.00 for the planned transaction.

How were the Richardson Electronics (RELL) shares in the Form 144 originally acquired?

The shares were acquired as stock awards from the issuer. The filing lists multiple acquisition dates—10/09/2018, 08/20/2019, and 10/09/2019—with the nature of each transaction described as a stock award received as compensation.

What is the aggregate market value of the RELL shares covered by this Form 144?

The aggregate market value stated for the planned sale is $57,950.00. This value corresponds to 5,000 Richardson Electronics common shares to be sold on NASDAQ through Fidelity Brokerage Services LLC, as disclosed in the filing.

How many Richardson Electronics (RELL) shares were outstanding according to the Form 144?

The filing reports 12,481,251 common shares outstanding. This figure provides context for the company’s total share count at the time referenced, separate from the 5,000 common shares covered by the planned Rule 144 sale.

Which broker is handling the proposed Richardson Electronics (RELL) Rule 144 sale?

The proposed sale will be handled by Fidelity Brokerage Services LLC. The Form 144 lists Fidelity Brokerage Services LLC, located at 245 Summer Street, Boston, MA 02110, as the broker for the planned 5,000-share NASDAQ transaction.