RELL director exercises options, sells 10,000 shares

Richardson Electronics director Kenneth Halverson reported option exercises and a share sale.

Rhea-AI Filing Summary

Richardson Electronics director Kenneth Halverson reported option exercises and a share sale. On 02/12/2026 he exercised employee stock options for a total of 10,000 shares of common stock at exercise prices of $5.61 and $4.26 per share.

On the same date, he sold 10,000 common shares in open-market transactions at a weighted average price of $13.085 per share, with individual sale prices ranging from $13.00 to $13.27. After these transactions, he directly owned 14,345 shares of Richardson Electronics common stock.

Insider Trade Summary

Exercise and Sale: 10,000 shares ($82K approx. pre-tax spread)

Exercise and Sale 5 txns

Insider Halverson Kenneth

Role Director

Sold 10,000 shs ($131K)

Approx. gross sale proceeds $131K

Approx. exercise cost $49K

Approx. pre-tax spread $82K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	5,000	$0.00	$0.00
Exercise	Employee Stock Option (Right to Buy)	5,000	$0.00	$0.00
Exercise	Common Stock	5,000	$5.61	$28K
Exercise	Common Stock	5,000	$4.26	$21K
Sale	Common Stock	10,000	$13.085	$131K

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 14,345 shares (Direct)

Footnotes (3)

1. F1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.27 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.
2. F2. Options vest immediately upon grant 7/22/2019
3. F3. Options vest immediately upon grant 7/21/2020

FAQ

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What insider transactions did RELL director Kenneth Halverson report on February 12, 2026?

Kenneth Halverson reported exercising options for 10,000 Richardson Electronics shares and selling 10,000 shares on February 12, 2026. The filing shows both the derivative option exercises and the resulting common stock transactions on the same date.

How many Richardson Electronics (RELL) shares did Kenneth Halverson sell and at what price?

He sold 10,000 shares of Richardson Electronics common stock at a weighted average price of $13.085 per share. The sales occurred in multiple trades at prices ranging from $13.00 to $13.27 per share, as disclosed in the footnotes.

What option exercises did Kenneth Halverson report for Richardson Electronics (RELL)?

He exercised two employee stock option grants, each covering 5,000 shares of Richardson Electronics common stock. The exercise prices were $5.61 and $4.26 per share, and both option series were fully exercisable at the time of the transactions.

How many Richardson Electronics (RELL) shares does Kenneth Halverson own after these transactions?

Following the reported exercises and sale, Kenneth Halverson directly owns 14,345 shares of Richardson Electronics common stock. This figure reflects his holdings after converting options into shares and then selling 10,000 shares in the open market.

Were the reported Richardson Electronics (RELL) share sales made in multiple trades?

Yes. The 10,000 Richardson Electronics shares were sold in multiple transactions. The weighted average sale price was $13.085 per share, with individual trades executed between $13.00 and $13.27 per share, according to the disclosed footnote.

What is the relationship of Kenneth Halverson to Richardson Electronics (RELL)?

Kenneth Halverson is identified as a director of Richardson Electronics. The Form 4 indicates his role by checking the director box and shows that the reported transactions involve his directly held shares and employee stock options.

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Accepted by SEC EDGAR 02/17/2026 - 08:36 AM Learn about SEC filing dates

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).

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^*

Halverson Kenneth

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		M		5,000	A	$5.61	19,345	D
Common Stock	02/12/2026		M		5,000	A	$4.26	24,345	D
Common Stock	02/12/2026		S		10,000	D	$13.085(1)	14,345	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)	$5.61	02/12/2026		M			5,000	(2)	07/22/2029	Common Stock	5,000	$0	0	D
Employee Stock Option (Right to Buy)	$4.26	02/12/2026		M			5,000	(3)	07/21/2030	Common Stock	5,000	$0	0	D

Explanation of Responses:

1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.27 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.

2. Options vest immediately upon grant 7/22/2019

3. Options vest immediately upon grant 7/21/2020

	/s/ Robert J. Ben, attorney-in-fact for Kenneth Halverson	02/17/2026
	** 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.