Richardson Electronics (RELL) grants stock and options to CFO
Rhea-AI Filing Summary
Richardson Electronics, Ltd. reported equity compensation awards to its CFO, CAO and Corporate Secretary, Robert J. Ben. On July 20, 2026 he received 8,500 shares of restricted common stock, increasing his direct holdings to 61,534 shares.
He was also granted employee stock options for 10,000 shares of common stock at an exercise price of $16.56 per share, vesting over five years and expiring on July 20, 2036. The restricted stock vests ratably over three years beginning on the first anniversary of issuance, and both awards were granted under Richardson Electronics’ amended and restated 2011 long-term incentive plan. These awards were not indicated as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,500 shares
Net Buy
2 txns
Insider
Ben Robert J
Role
CFO, CAO, Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) F2 | 10,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 8,500 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 10,000 shares (Direct);
Common Stock — 61,534 shares (Direct)
Footnotes (2)
- F1. Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which shall vest ratably over a three year period, beginning on the first anniversary of the date of issuance.
- F2. 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
Restricted stock award: 8,500 shares
Stock options granted: 10,000 options
Option exercise price: $16.56 per share
+4 more
7 metrics
Restricted stock award
8,500 shares
Restricted common shares granted to CFO on July 20, 2026
Stock options granted
10,000 options
Employee stock options for common stock granted on July 20, 2026
Option exercise price
$16.56 per share
Exercise price of the 10,000-share employee stock option grant
Shares owned after grant
61,534 shares
Total direct common shares held by the reporting person after the restricted stock award
Option expiration date
July 20, 2036
Expiration date of the 10,000-share employee stock option grant
Restricted stock vesting period
3 years
Restricted stock vests ratably over three years from the first anniversary of issuance
Option vesting period
5 years
Options vest 1/5 of the total shares on each anniversary over five years
Key Terms
Restricted stock award, Long-Term Incentive Plan, Employee Stock Option (Right to Buy), vesting
4 terms
Restricted stock award financial
"Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Long-Term Incentive Plan financial
"under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which"
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.
Employee Stock Option (Right to Buy) financial
"Security title reported as Employee Stock Option (Right to Buy) for 10,000 underlying shares"
vesting financial
"which shall vest ratably over a three year period, beginning on the first anniversary of"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Richardson Electronics (RELL) grant to its CFO on July 20, 2026?
On July 20, 2026, CFO Robert J. Ben received 8,500 restricted common shares and 10,000 employee stock options with an exercise price of $16.56 per share, all granted under Richardson Electronics’ amended and restated 2011 long-term incentive plan.
What are the vesting and expiration terms of the 10,000 stock options granted by RELL?
The 10,000 employee stock options carry a $16.56 exercise price and vest over five years, with one-fifth vesting on each anniversary of the July 20, 2026 grant. The options become exercisable starting July 20, 2027 and expire on July 20, 2036.
Were the July 20, 2026 equity awards at Richardson Electronics (RELL) made under a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked, so these July 20, 2026 equity awards to CFO Robert J. Ben are not indicated as made pursuant to a Rule 10b5-1 trading plan in the reported information.