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[Form 4/A] Richardson Electronics Ltd Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Wendy Diddell, a director and the Chief Operating Officer of Richardson Electronics, Ltd. (RELL), amended a prior Form 4 to correct an incorrect gift disposition entry. The amendment clarifies that no gift of 250 shares occurred and confirms that as of August 15, 2025 she beneficially owned 127,294 shares of common stock. The Form 4/A notes the earlier mistaken filing dated August 19, 2025 and is signed by an attorney-in-fact on September 10, 2025. The filing contains no new trades or derivative transactions; it solely corrects ownership reporting.

Positive

  • Correction filed to clarify ownership and remove an erroneous gift disposition
  • Insider ownership disclosed: 127,294 shares confirmed as of August 15, 2025
  • Filed as amendment, indicating active compliance and record maintenance

Negative

  • Original Form 4 included a mistaken entry reporting a gift of 250 shares that did not occur
  • Administrative error required an amendment, which may indicate a lapse in filing controls

Insights

TL;DR: An amended disclosure corrects an erroneous gift entry and restores accurate insider ownership records.

The amendment removes a previously reported bona fide gift of 250 shares that did not occur, confirming insider ownership of 127,294 shares as of August 15, 2025. From a governance perspective, timely correction of SEC filings is important to maintain transparency and compliance with Section 16 reporting obligations. This filing does not introduce new transactions or material changes to ownership percentages; it documents a clerical correction.

TL;DR: The amended Form 4 corrects a reporting error and indicates remediation occurred via an attorney-in-fact signature.

The Form 4/A indicates the original filing mistakenly reported a gift on August 19, 2025, which is retracted. The correction was effectuated with an amendment and signed on September 10, 2025. For compliance assessment, this appears to be a non-material clerical correction rather than an undisclosed transaction, reducing regulatory concern so long as records and controls prevent recurrence.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Diddell Wendy

(Last) (First) (Middle)
40W267 KESLINGER ROAD PO BOX 393

(Street)
LAFOX IL 60147

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RICHARDSON ELECTRONICS, LTD. [ RELL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
COO
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/19/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 127,294(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On August 19, 2025, the reporting person mistakenly filed a Form 4 reporting a bona fide gift disposition of 250 shares of common stock that did not in fact occur. As of August 15, 2025, the reporting person owned 127,294 shares of common stock.
/s/ Robert J. Ben, attorney-in-fact for Wendy Diddell 09/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4/A for RELL filed by Wendy Diddell correct?

The amendment withdrew a previously reported 250-share gift that did not occur and confirmed ownership of 127,294 shares as of August 15, 2025.

Who is the reporting person on the amended Form 4 (RELL)?

The reporting person is Wendy Diddell, who is identified as a Director and the company's COO.

Were any new purchases, sales, or derivative transactions reported in the Form 4/A?

No. The Form 4/A contains no new trades or derivative transactions; it solely corrects a prior misstated disposition.

When was the correction to the Form 4 filed and signed?

The amendment references the mistaken filing dated August 19, 2025, confirms ownership as of August 15, 2025, and was signed by an attorney-in-fact on September 10, 2025.

Does the amendment indicate a material change in insider ownership percentage?

No. The amendment corrects a clerical error and does not report transactions that would materially change reported ownership.
Richardson Electrs Ltd

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Electronic Components
Wholesale-electronic Parts & Equipment, Nec
Link
United States
LAFOX