Richardson Electronics director sells 29,000 shares
Richardson Electronics director Robert H. Kluge exercised employee stock options covering a total of 29,000 shares of Common Stock on July 30, 2026, at exercise prices between $4.2600 and $9.1000 per share.
Rhea-AI Filing Summary
Richardson Electronics director Robert H. Kluge exercised employee stock options covering a total of 29,000 shares of Common Stock on July 30, 2026, at exercise prices between $4.2600 and $9.1000 per share. He then sold 29,000 shares in open-market transactions at a weighted average price of $17.9029 per share, with individual sale prices ranging from $17.90 to $17.95. The exercised options, expiring between 2027 and 2031, vest 20% per year beginning on dates from 2018 to 2022.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 29,000 shares ($335K approx. pre-tax spread)
Exercise and Sale
11 txns
Insider
KLUGE ROBERT H
Role
Director
Sold
29,000 shs ($519K)
Approx. gross sale proceeds
$519K
Approx. exercise cost
$184K
Approx. pre-tax spread
$335K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1 | 10,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F3 | 5,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F4 | 5,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F5 | 4,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,000 | $5.87 | $59K |
| Exercise | Common Stock | 5,000 | $9.10 | $46K |
| Exercise | Common Stock | 5,000 | $5.61 | $28K |
| Exercise | Common Stock | 5,000 | $4.26 | $21K |
| Exercise | Common Stock | 4,000 | $7.66 | $31K |
| Sale | Common Stock F6 | 29,000 | $17.9029 | $519K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 1,000 contracts (Direct);
Common Stock — 51,365 shares (Direct)
Footnotes (6)
- F1. Options Vest 20% per year, beginning 10/09/2018
- F2. Options vest 20% per year, beginning 08/20/2019
- F3. Options vest 20% per year, beginning 07/22/2020
- F4. Options vest 20% per year, beginning 07/21/2021
- F5. Options vest 20% per year, beginning 07/19/2022
- F6. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $ 17.90 to $ 17.95 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 29000 shares
Weighted average sale price: $17.9029 per share
Options exercised (underlying shares): 29000 shares
+2 more
5 metrics
Shares sold
29000 shares
Non-derivative Common Stock sale on July 30, 2026
Weighted average sale price
$17.9029 per share
Common Stock sale with individual prices from $17.90 to $17.95
Options exercised (underlying shares)
29000 shares
Total underlying Common Stock from five option exercises on July 30, 2026
Option exercise price
$5.8700 per share
10,000-share Employee Stock Option expiring 2027-10-09
Option exercise price
$9.1000 per share
5,000-share Employee Stock Option expiring 2028-08-20
Key Terms
Employee Stock Option (Right to Buy), weighted average sale price, derivative security, vest 20% per year
4 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest 20% per year financial
"Options vest 20% per year, beginning 10/09/2018"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Robert H. Kluge report for Richardson Electronics (RELL) on July 30, 2026?
On July 30, 2026, Robert H. Kluge exercised employee stock options for 29,000 shares of Richardson Electronics common stock and sold 29,000 shares in open-market transactions at a weighted average price of $17.9029 per share.
What option exercise prices and expirations were involved in Kluge’s July 30, 2026 RELL transactions?
Kluge exercised options covering 29,000 shares at exercise prices of $5.8700 (10,000 shares, expiring 2027-10-09), $9.1000 (5,000 shares, 2028-08-20), $5.6100 (5,000 shares, 2029-07-22), $4.2600 (5,000 shares, 2030-07-21), and $7.6600 (4,000 shares, 2031-07-19).
How do the vesting terms of Kluge’s stock options at Richardson Electronics (RELL) work?
Footnotes state that each option grant vests 20% per year, with vesting beginning on specific dates: 10/09/2018, 08/20/2019, 07/22/2020, 07/21/2021, and 07/19/2022. These schedules apply to the respective option grants that Kluge exercised on July 30, 2026.
What does the weighted average sale price mean in Kluge’s RELL Form 4 footnote?
The Form 4 notes that the reported $17.9029 price is a weighted average sale price. The 29,000 shares were sold in multiple transactions at prices between $17.90 and $17.95 per share; the weighted average reflects the combined pricing of all these trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
