STOCK TITAN

Richardson Electronics (RELL) director exercises options, sells 164 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RICHARDSON ELECTRONICS, LTD. director James Benham reported an option exercise-and-sale sequence on 2026-07-29. He exercised 164 Employee Stock Options (Right to Buy) at 15.6000 per share for 164 common shares, then sold 164 common shares at 19.0600 per share. After the exercise he directly holds 4,836 derivative securities linked to common stock, and the Rule 10b5-1 trading-plan checkbox was not marked.

Positive

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Negative

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Insider Benham James
Role Director
Sold 164 shs ($3K)
Approx. gross sale proceeds $3K
Approx. exercise cost $3K
Approx. pre-tax spread $567.44
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) F1 164 $0.00 $0.00
Exercise Common Stock 164 $15.60 $3K
Sale Common Stock 164 $19.06 $3K
Holdings After Transaction: Employee Stock Option (Right to Buy) — 4,836 shares (Direct); Common Stock — 22,365 shares (Direct)
Footnotes (1)
  1. F1. Options vest immediately, 7/18/2022
Options exercised 164 shares Employee Stock Option (Right to Buy) exercised on 2026-07-29
Option exercise price 15.6000 per share Conversion or exercise price of derivative security exercised
Shares sold 164 shares Common Stock sale on 2026-07-29 at 19.0600 per share
Sale price 19.0600 per share Price per share for Common Stock sale transaction
Options remaining 4,836 derivative securities Total derivative securities following option exercise transaction
Option expiration date 2032-07-18 Expiration date of Employee Stock Option (Right to Buy)
Employee Stock Option (Right to Buy) financial
"Security titled "Employee Stock Option (Right to Buy)" was exercised"
Exercise or conversion of derivative security financial
"Transaction code description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"

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FAQ

What insider transactions did Richardson Electronics (RELL) report on 2026-07-29?

On 2026-07-29, director James Benham exercised 164 Employee Stock Options (Right to Buy) at 15.6000 per share to acquire 164 common shares, then sold 164 common shares at 19.0600 per share in a separate transaction reported the same day.

Who is the insider trading Richardson Electronics (RELL) stock in this Form 4?

The filing reports transactions by James Benham, a director of RICHARDSON ELECTRONICS, LTD. He is not listed as an officer or 10% owner. Following the reported option exercise, he directly holds 4,836 derivative securities linked to the company’s common stock.

At what prices did James Benham trade Richardson Electronics (RELL) shares?

Benham exercised Employee Stock Options at 15.6000 per share to obtain 164 Richardson Electronics common shares, then sold 164 common shares at 19.0600 per share. Both the option exercise and the share sale occurred on 2026-07-29.

How many Richardson Electronics (RELL) options does James Benham hold after these trades?

After exercising 164 Employee Stock Options (Right to Buy), Benham directly holds 4,836 derivative securities linked to Richardson Electronics common stock. This figure comes from the total derivative securities reported following the option exercise transaction on 2026-07-29.

Were James Benham’s Richardson Electronics (RELL) trades under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 trading-plan checkbox was not marked, and there is no footnote indicating a pre-arranged trading plan. The reported option exercise and share sale on 2026-07-29 are therefore not disclosed as Rule 10b5-1 plan transactions.
SEC Form 4
FORM 4UNITED 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*
Benham James

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

(Street)
LAFOX ILLINOIS 60147

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RICHARDSON ELECTRONICS, LTD. [ RELL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/29/2026M164A$15.622,529D
Common Stock07/29/2026S164D$19.0622,365D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$15.607/29/2026M164 (1)07/18/2032Common Stock164$04,836D
Explanation of Responses:
1. Options vest immediately, 7/18/2022
/s/ Robert J. Ben, attorney-in-fact James Benham07/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)