Richardson Electronics (RELL) director exercises options and sells 17,000 shares
Rhea-AI Filing Summary
RICHARDSON ELECTRONICS, LTD. director Paul J. Plante reported multiple insider transactions on July 28, 2026. He exercised employee stock options to acquire 10,000 shares of common stock at exercise prices of $15.6000 and $15.5100 per share, then sold 17,000 shares at weighted average prices of $18.5991 and $19.1174 per share in multiple trades between $18.59 and $19.62.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
PLANTE PAUL J
Role
Director
Sold
17,000 shs ($320K)
Approx. gross sale proceeds
$320K
Approx. exercise cost
$156K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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 | Common Stock | 5,000 | $15.60 | $78K |
| Exercise | Common Stock | 5,000 | $15.51 | $78K |
| Sale | Common Stock F1 | 10,000 | $18.5991 | $186K |
| Sale | Common Stock F2 | 7,000 | $19.1174 | $134K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 14,188 shares (Direct)
Footnotes (4)
- F1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $ 18.59 to $ 18.65 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.
- F2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $ 18.63 to $ 19.62 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.
- F3. Options Vest immediately, 7/18/2022
- F4. Options vest immediately, 7/17/2023
Key Figures
Shares sold: 17,000 shares
Shares from option exercise: 10,000 shares
Option exercise price: $15.6000 per share
+4 more
7 metrics
Shares sold
17,000 shares
Common stock sales reported on 2026-07-28
Shares from option exercise
10,000 shares
Common stock acquired via option exercises on 2026-07-28
Option exercise price
$15.6000 per share
Strike price for 5,000-share employee stock option expiring 2032-07-18
Option exercise price
$15.5100 per share
Strike price for 5,000-share employee stock option expiring 2033-07-17
Weighted avg sale price
$18.5991 per share
Weighted average for one sale block; trades between $18.59 and $18.65
Weighted avg sale price
$19.1174 per share
Weighted average for one sale block; trades between $18.63 and $19.62
Transaction date
2026-07-28
Date of reported option exercises and stock sales
Key Terms
Employee Stock Option (Right to Buy), weighted average sale price, derivative security, underlying security
4 terms
Employee Stock Option (Right to Buy) financial
"Security title reported as 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 M described as 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.
underlying security financial
"Fields list underlying security title and underlying security shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did RELL director Paul J. Plante report on July 28, 2026?
Paul J. Plante reported exercising options for 10,000 RELL shares at strike prices of $15.6000 and $15.5100, then selling 17,000 common shares at weighted average prices of $18.5991 and $19.1174 across multiple trades.
How many RELL stock options did Paul J. Plante exercise in this filing?
He exercised employee stock options convertible into 10,000 RELL common shares, split between two option grants covering 5,000 shares each. These options were reported as employee stock options (right to buy) and were converted into common stock on July 28, 2026.
At what exercise prices were Paul J. Plante’s RELL options struck?
The exercised options carried strike prices of $15.6000 and $15.5100 per share, each covering 5,000 underlying common shares. The options have stated expiration dates of July 18, 2032 and July 17, 2033, respectively, based on the reported derivative security details.
Were Paul J. Plante’s RELL transactions reported as part of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox was not marked as affirmative, and the footnotes do not reference any trading plan. This indicates the reported option exercises and stock sales were not designated as occurring under a Rule 10b5-1 prearranged trading arrangement.