Richardson Electronics (RELL) awards director 3,020 restricted stock shares
Rhea-AI Filing Summary
Benham James reported acquisition or exercise transactions in this Form 4 filing.
Richardson Electronics, Ltd. granted director James Benham a restricted stock award of 3,020 shares of common stock on July 20, 2026 under its Amended and Restated 2011 Long-Term Incentive Plan. The award vests immediately on the grant date, bringing his direct holdings to 22,365 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,020 shares
Net Buy
1 txn
Insider
Benham James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,020 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 22,365 shares (Direct)
Footnotes (1)
- F1. Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which shall vest immediately on the grant date.
Key Figures
Restricted shares granted: 3,020 shares
Reported grant price: $0.00 per share
Shares owned after transaction: 22,365 shares
3 metrics
Restricted shares granted
3,020 shares
Restricted stock award to James Benham on July 20, 2026
Reported grant price
$0.00 per share
Grant, award, or other acquisition (Code A) of common stock
Shares owned after transaction
22,365 shares
Direct common stock holdings of James Benham following the award
Key Terms
restricted stock award, Long-Term Incentive Plan, Grant, award, or other acquisition
3 terms
restricted stock award financial
"Represents a restricted stock award under the Richardson Electronics, Ltd."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Long-Term Incentive Plan financial
"under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RELL report for director James Benham?
RELL reported that director James Benham received a restricted stock award of 3,020 common shares on July 20, 2026. The grant was coded as a grant, award, or other acquisition (Code A) rather than an open-market purchase or sale.
What are the terms of the restricted stock award reported by RELL?
The award consists of 3,020 restricted shares granted under Richardson Electronics’ Amended and Restated 2011 Long-Term Incentive Plan. According to the footnote, these shares vest immediately on the grant date, with no vesting schedule extending into future periods.
At what price was James Benham’s RELL restricted stock award reported?
The restricted stock award to James Benham was reported at a price of $0.00 per share. This is consistent with a non-cash equity grant under a long-term incentive plan rather than a market transaction involving a purchase price.
Was James Benham’s RELL stock award made under a long-term incentive plan?
Yes. The filing states the 3,020-share grant is a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, indicating it is part of the company’s structured long-term equity incentive program.
Does the RELL filing indicate that James Benham’s award was under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative 10b5-1 plan. The transaction is instead characterized as a grant, award, or other acquisition of restricted stock under the company’s long-term incentive plan.