Richardson Electronics (RELL) grants 10,000 options to EVP under long-term plan
Rhea-AI Filing Summary
Ruppert Jens Frank reported acquisition or exercise transactions in this Form 4 filing.
Richardson Electronics, Ltd. reported that Ruppert Jens Frank, EVP Canvys, received a grant of 10,000 employee stock options on July 20, 2026, exercisable at $16.5600 per share for common stock. The options vest 1/5 on each anniversary over 5 years and expire July 20, 2036, leaving him with 10,000 derivative securities held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ruppert Jens Frank
Role
EVP Canvys
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) F1 | 10,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 10,000 shares (Direct)
Footnotes (1)
- F1. The stock option was granted on July 20, 2026 pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan. The option vests over 5 years with 1/5 of the total number of shares subject to the option vesting on each anniversary date of grant, until fully vested.
Key Figures
Option grant size: 10000.0000 shares
Exercise price: 16.5600 per share
Expiration date: 2036-07-20
+2 more
5 metrics
Option grant size
10000.0000 shares
Employee stock options granted on July 20, 2026
Exercise price
16.5600 per share
Exercise price for the granted stock options
Expiration date
2036-07-20
Date on which the stock options expire
Vesting period
5 years
Options vest 1/5 each year on the grant anniversary
Holdings after transaction
10000.0000 derivative securities
Total options held directly after the grant
Key Terms
Employee Stock Option (Right to Buy), Long-Term Incentive Plan, vests over 5 years
3 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
Long-Term Incentive Plan financial
"pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated 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.
vests over 5 years financial
"The option vests over 5 years with 1/5 of the total number of shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ruppert Jens Frank report for RELL on this Form 4?
He reported a grant of 10,000 employee stock options for Richardson Electronics, Ltd. common stock. The options were granted on July 20, 2026 as compensation, with a fixed exercise price and multi-year vesting schedule under the company’s long-term incentive plan.
What are the key terms of the stock options granted to Ruppert Jens Frank at RELL?
The grant covers 10,000 options with an exercise price of $16.5600 per share, expiring on July 20, 2036. These options give the right to buy Richardson Electronics, Ltd. common stock if exercised before expiration, subject to the vesting schedule.
How do the RELL options granted to Ruppert Jens Frank vest over time?
The options vest over 5 years, with 1/5 of the total shares vesting on each anniversary of the July 20, 2026 grant date. This continues annually until all 10,000 options are fully vested under the long-term incentive plan.
How many derivative securities does Ruppert Jens Frank hold after this RELL grant?
After the reported grant, he holds 10,000 derivative securities of this option award directly. This figure reflects the total stock options in this specific grant series as shown in the post-transaction holdings field of the Form 4 data.
Was the RELL option grant to Ruppert Jens Frank made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnote only references the 2011 Amended and Restated Long-Term Incentive Plan. There is no indication in this Form 4 that the grant was made under a 10b5-1 trading plan.
Under which plan were the RELL options to Ruppert Jens Frank granted?
The options were granted pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan. This plan governs the terms, including the 5-year vesting schedule with 1/5 of the shares vesting on each anniversary of the grant date.