STOCK TITAN

[Form 4] Richardson Electronics Ltd Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Richardson Electronics (RELL) – SEC Form 4: EVP Global Supply Chain Kathleen McNally reported two equity awards dated 21 Jul 2025. She received 5,000 restricted common shares at $0, lifting her direct stake to 46,169 shares. She also obtained an option for 7,500 shares at an exercise price of $9.73, first exercisable 21 Jul 2026, expiring 21 Jul 2035, and vesting 20 % annually over five years. Both grants were issued under the company’s 2011 Long-Term Incentive Plan and involve no open-market purchase. The awards slightly increase insider ownership and create minimal potential dilution.

Richardson Electronics (RELL) – Modulo SEC Form 4: Kathleen McNally, EVP della catena di approvvigionamento globale, ha riportato due assegnazioni di azioni datate 21 luglio 2025. Ha ricevuto 5.000 azioni ordinarie vincolate a $0, portando la sua partecipazione diretta a 46.169 azioni. Ha inoltre ottenuto un opzione per 7.500 azioni con prezzo di esercizio di $9,73, esercitabile a partire dal 21 luglio 2026, con scadenza il 21 luglio 2035, e con maturazione del 20% annuale per cinque anni. Entrambe le assegnazioni sono state concesse nell’ambito del Piano di Incentivi a Lungo Termine 2011 dell’azienda e non prevedono acquisti sul mercato aperto. Questi premi aumentano leggermente la proprietà interna e comportano una diluizione potenziale minima.

Richardson Electronics (RELL) – Formulario SEC Form 4: Kathleen McNally, EVP de la cadena de suministro global, reportó dos adjudicaciones de acciones fechadas el 21 de julio de 2025. Recibió 5,000 acciones comunes restringidas a $0, elevando su participación directa a 46,169 acciones. También obtuvo una opción para 7,500 acciones con precio de ejercicio de $9.73, ejercitable desde el 21 de julio de 2026, con vencimiento el 21 de julio de 2035, y con adquisición del 20 % anual durante cinco años. Ambas concesiones se emitieron bajo el Plan de Incentivos a Largo Plazo 2011 de la empresa y no implican compra en el mercado abierto. Las adjudicaciones aumentan ligeramente la propiedad interna y generan una dilución potencial mínima.

리처드슨 일렉트로닉스(RELL) – SEC 양식 4: 글로벌 공급망 부사장 캐슬린 맥널리는 2025년 7월 21일자 두 건의 주식 보상을 보고했습니다. 그녀는 5,000주의 제한된 보통주를 $0에 수령하여 직접 보유 지분을 46,169주로 늘렸습니다. 또한 7,500주에 대한 옵션을 행사 가격 $9.73에 받았으며, 최초 행사 가능일은 2026년 7월 21일이고 만료일은 2035년 7월 21일이며, 5년에 걸쳐 매년 20%씩 권리가 부여됩니다. 두 보상 모두 2011년 회사 장기 인센티브 계획에 따라 발행되었으며, 공개 시장에서의 매수는 포함되지 않았습니다. 이 보상들은 내부자 지분을 소폭 증가시키며 잠재적 희석 효과는 미미합니다.

Richardson Electronics (RELL) – Formulaire SEC 4 : Kathleen McNally, EVP de la chaîne d'approvisionnement mondiale, a déclaré deux attributions d’actions datées du 21 juillet 2025. Elle a reçu 5 000 actions ordinaires restreintes à 0 $, portant sa participation directe à 46 169 actions. Elle a également obtenu une option pour 7 500 actions à un prix d’exercice de 9,73 $, exerçable pour la première fois le 21 juillet 2026, expirant le 21 juillet 2035, avec un acquittement de 20 % par an sur cinq ans. Les deux attributions ont été émises dans le cadre du Plan d’Incitation à Long Terme 2011 de la société et ne nécessitent aucun achat sur le marché ouvert. Ces attributions augmentent légèrement la détention interne et entraînent une dilution potentielle minimale.

Richardson Electronics (RELL) – SEC Formular 4: Kathleen McNally, EVP der globalen Lieferkette, meldete zwei Aktienzuteilungen vom 21. Juli 2025. Sie erhielt 5.000 eingeschränkte Stammaktien zu $0, wodurch ihr direkter Anteil auf 46.169 Aktien anstieg. Zudem erhielt sie eine Option auf 7.500 Aktien mit einem Ausübungspreis von $9,73, erstmals ausübbar am 21. Juli 2026, mit Ablauf am 21. Juli 2035, und einer jährlichen Vesting-Rate von 20 % über fünf Jahre. Beide Zuteilungen wurden im Rahmen des Long-Term Incentive Plans 2011 des Unternehmens ausgegeben und beinhalten keinen Kauf am offenen Markt. Die Awards erhöhen leicht den Insiderbesitz und verursachen eine minimale potenzielle Verwässerung.

Positive
  • Insider alignment: EVP McNally’s direct ownership rises to 46,169 shares, enhancing stake-based incentives.
  • Long-term incentive structure: 7,500-share option vests over five years, encouraging management retention and performance.
Negative
  • Potential dilution: Additional 12,500 shares (RSU + option) could modestly increase share count when fully vested/exercised.

Insights

TL;DR: Routine equity grants increase insider alignment; financial impact immaterial; neutral for valuation.

The 5,000-share RSU and 7,500-share option represent less than 0.1 % of RELL’s ~12 m shares outstanding, so dilution risk is negligible. Because no cash was paid, the transaction doesn’t signal buying conviction but does reinforce incentive alignment. Option strike of $9.73 roughly matches recent trading levels, offering upside motivation. Overall, a standard compensation event with little immediate market impact.

Richardson Electronics (RELL) – Modulo SEC Form 4: Kathleen McNally, EVP della catena di approvvigionamento globale, ha riportato due assegnazioni di azioni datate 21 luglio 2025. Ha ricevuto 5.000 azioni ordinarie vincolate a $0, portando la sua partecipazione diretta a 46.169 azioni. Ha inoltre ottenuto un opzione per 7.500 azioni con prezzo di esercizio di $9,73, esercitabile a partire dal 21 luglio 2026, con scadenza il 21 luglio 2035, e con maturazione del 20% annuale per cinque anni. Entrambe le assegnazioni sono state concesse nell’ambito del Piano di Incentivi a Lungo Termine 2011 dell’azienda e non prevedono acquisti sul mercato aperto. Questi premi aumentano leggermente la proprietà interna e comportano una diluizione potenziale minima.

Richardson Electronics (RELL) – Formulario SEC Form 4: Kathleen McNally, EVP de la cadena de suministro global, reportó dos adjudicaciones de acciones fechadas el 21 de julio de 2025. Recibió 5,000 acciones comunes restringidas a $0, elevando su participación directa a 46,169 acciones. También obtuvo una opción para 7,500 acciones con precio de ejercicio de $9.73, ejercitable desde el 21 de julio de 2026, con vencimiento el 21 de julio de 2035, y con adquisición del 20 % anual durante cinco años. Ambas concesiones se emitieron bajo el Plan de Incentivos a Largo Plazo 2011 de la empresa y no implican compra en el mercado abierto. Las adjudicaciones aumentan ligeramente la propiedad interna y generan una dilución potencial mínima.

리처드슨 일렉트로닉스(RELL) – SEC 양식 4: 글로벌 공급망 부사장 캐슬린 맥널리는 2025년 7월 21일자 두 건의 주식 보상을 보고했습니다. 그녀는 5,000주의 제한된 보통주를 $0에 수령하여 직접 보유 지분을 46,169주로 늘렸습니다. 또한 7,500주에 대한 옵션을 행사 가격 $9.73에 받았으며, 최초 행사 가능일은 2026년 7월 21일이고 만료일은 2035년 7월 21일이며, 5년에 걸쳐 매년 20%씩 권리가 부여됩니다. 두 보상 모두 2011년 회사 장기 인센티브 계획에 따라 발행되었으며, 공개 시장에서의 매수는 포함되지 않았습니다. 이 보상들은 내부자 지분을 소폭 증가시키며 잠재적 희석 효과는 미미합니다.

Richardson Electronics (RELL) – Formulaire SEC 4 : Kathleen McNally, EVP de la chaîne d'approvisionnement mondiale, a déclaré deux attributions d’actions datées du 21 juillet 2025. Elle a reçu 5 000 actions ordinaires restreintes à 0 $, portant sa participation directe à 46 169 actions. Elle a également obtenu une option pour 7 500 actions à un prix d’exercice de 9,73 $, exerçable pour la première fois le 21 juillet 2026, expirant le 21 juillet 2035, avec un acquittement de 20 % par an sur cinq ans. Les deux attributions ont été émises dans le cadre du Plan d’Incitation à Long Terme 2011 de la société et ne nécessitent aucun achat sur le marché ouvert. Ces attributions augmentent légèrement la détention interne et entraînent une dilution potentielle minimale.

Richardson Electronics (RELL) – SEC Formular 4: Kathleen McNally, EVP der globalen Lieferkette, meldete zwei Aktienzuteilungen vom 21. Juli 2025. Sie erhielt 5.000 eingeschränkte Stammaktien zu $0, wodurch ihr direkter Anteil auf 46.169 Aktien anstieg. Zudem erhielt sie eine Option auf 7.500 Aktien mit einem Ausübungspreis von $9,73, erstmals ausübbar am 21. Juli 2026, mit Ablauf am 21. Juli 2035, und einer jährlichen Vesting-Rate von 20 % über fünf Jahre. Beide Zuteilungen wurden im Rahmen des Long-Term Incentive Plans 2011 des Unternehmens ausgegeben und beinhalten keinen Kauf am offenen Markt. Die Awards erhöhen leicht den Insiderbesitz und verursachen eine minimale potenzielle Verwässerung.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
MCNALLY KATHLEEN

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

(Street)
LAFOX IL 60147

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RICHARDSON ELECTRONICS, LTD. [ RELL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Global Supply Chain
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 07/21/2025 A 5,000(1) A $0 46,169 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $9.73 07/21/2025 A 7,500 07/21/2026(2) 07/21/2035 Common Stock 7,500 $0 7,500 D
Explanation of Responses:
1. 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.
2. The stock option was granted on July 21, 2025 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.
/s/ Robert J. Ben attorney-in-fact for Kathleen McNally 07/23/2025
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did RELL report on 21 July 2025?

Kathleen McNally was granted 5,000 restricted shares and an option for 7,500 shares at $9.73.

How many Richardson Electronics shares does McNally own after the grant?

Her direct beneficial ownership increased to 46,169 common shares.

What are the vesting terms of the new restricted stock award?

The 5,000 RSUs vest ratably over three years, starting one year from the grant date.

When can the 7,500-share option be exercised and when does it expire?

It becomes exercisable 20 % per year beginning 21 Jul 2026 and expires 21 Jul 2035.

Did the insider purchase shares on the open market?

No. Both the RSU and option were equity awards at no cost, not cash purchases.

Will these awards significantly dilute existing shareholders?

Dilution is immaterial, representing less than 0.1 % of current shares outstanding if fully issued.
Richardson Electrs Ltd

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