Richardson Electronics (RELL) director exercises options, sells 5,000 shares
Rhea-AI Filing Summary
Richardson Electronics director Jacques Belin exercised employee stock options for 5,000 shares at $9.10 on August 4, 2026, converting them into common stock and exhausting that option grant. He then sold 5,000 common shares at $21.4601 in a sale classified as an open-market or private transaction. The Rule 10b5-1 trading-plan checkbox was left unchecked.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 5,000 shares ($62K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Belin Jacques
Role
Director
Sold
5,000 shs ($107K)
Approx. gross sale proceeds
$107K
Approx. exercise cost
$46K
Approx. pre-tax spread
$62K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1 | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,000 | $9.10 | $46K |
| Sale | Common Stock | 5,000 | $21.4601 | $107K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 22,365 shares (Direct)
Footnotes (1)
- F1. Options vest immediately, 08/20/2018
Key Figures
Options exercised: 5000.0000 shares
Exercise price: 9.1000 per share
Shares sold: 5000.0000 shares
+3 more
6 metrics
Options exercised
5000.0000 shares
Employee stock options converted to common stock on 2026-08-04
Exercise price
9.1000 per share
Conversion price for 5,000 options into common stock
Shares sold
5000.0000 shares
Common stock sold on 2026-08-04
Sale price
21.4601 per share
Price for 5,000 Richardson Electronics common shares sold
Option expiration
2028-08-20
Expiration date of the exercised employee stock option grant
Net sell volume
5000 shares
Net shares sold across reported transactions based on Form 4 summary
Key Terms
Employee Stock Option (Right to Buy), Exercise or conversion of derivative security, Sale in open market or private transaction
3 terms
Employee Stock Option (Right to Buy) financial
"An Employee Stock Option (Right to Buy) for 5,000 shares was exercised."
Exercise or conversion of derivative security financial
"The option transaction is coded as an Exercise or conversion of derivative security."
Sale in open market or private transaction financial
"The 5,000-share common stock sale is classified as a Sale in open market or private transaction."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did RELL director Jacques Belin report on August 4, 2026?
Jacques Belin reported exercising 5,000 Richardson Electronics (RELL) stock options at $9.10 per share and selling 5,000 common shares at $21.4601 per share, all dated August 4, 2026, in directly held accounts.
How many Richardson Electronics (RELL) options did Jacques Belin exercise and at what price?
Jacques Belin exercised 5,000 employee stock options in Richardson Electronics (RELL) at an exercise price of $9.10 per share, converting them into 5,000 shares of common stock on August 4, 2026.
At what price did Jacques Belin sell RELL common stock on August 4, 2026?
He sold 5,000 shares of Richardson Electronics (RELL) common stock at a price of $21.4601 per share. The transaction is classified as a sale in an open-market or private transaction, with direct ownership reported.
Did Jacques Belin’s RELL trades occur under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for these RELL transactions was not marked as applicable. This indicates the reported option exercise and share sale were not affirmatively identified as executed under a Rule 10b5-1 trading plan.
What happened to the exercised Richardson Electronics (RELL) stock option grant after the transaction?
Following the exercise, the reported balance of that employee stock option grant is 0 derivative securities. Belin exercised all 5,000 options tied to this grant, which were scheduled to expire on 2028-08-20.