STOCK TITAN

[Form 4] Richardson Electronics Ltd Insider Trading Activity

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

Form 4 alerts investors that Richardson Electronics’ EVP-Global Supply Chain, Kathleen McNally, surrendered a total of 902 common shares on 17–18 Jul 2025 to cover withholding taxes on previously vested restricted-stock awards. The transactions are coded “F,” indicating no open-market sale; shares were withheld by the company at the NASDAQ closing prices of $9.78 and $9.58, respectively.

Following the withholdings, McNally’s direct beneficial ownership declined from 42,071 to 41,169 shares—a reduction of roughly 2.1 % of her position and immaterial relative to Richardson’s 12.0 million shares outstanding. No derivative securities were involved, and there is no indication of a change in McNally’s investment intent. The filing is therefore administrative rather than a signal of insider sentiment.

Il modulo 4 segnala agli investitori che Kathleen McNally, EVP-Global Supply Chain di Richardson Electronics, ha ceduto un totale di 902 azioni ordinarie il 17 e 18 luglio 2025 per coprire le imposte trattenute su azioni ristrette precedentemente maturate. Le transazioni sono contrassegnate con il codice “F”, che indica nessuna vendita sul mercato aperto; le azioni sono state trattenute dalla società ai prezzi di chiusura del NASDAQ di $9,78 e $9,58, rispettivamente.

Dopo queste trattenute, la proprietà diretta di McNally è diminuita da 42.071 a 41.169 azioni, una riduzione di circa il 2,1% della sua posizione e irrilevante rispetto alle 12,0 milioni di azioni in circolazione di Richardson. Non sono stati coinvolti strumenti derivati e non vi è alcuna indicazione di un cambiamento nell’intento di investimento di McNally. Pertanto, la comunicazione è di natura amministrativa e non rappresenta un segnale sul sentiment interno.

El formulario 4 alerta a los inversores que Kathleen McNally, EVP-Global Supply Chain de Richardson Electronics, entregó un total de 902 acciones ordinarias los días 17 y 18 de julio de 2025 para cubrir impuestos retenidos sobre premios de acciones restringidas previamente adquiridas. Las transacciones están codificadas como “F”, lo que indica sin venta en mercado abierto; las acciones fueron retenidas por la empresa a los precios de cierre del NASDAQ de $9.78 y $9.58, respectivamente.

Tras las retenciones, la propiedad directa de McNally disminuyó de 42,071 a 41,169 acciones, una reducción de aproximadamente el 2.1% de su posición y insignificante en relación con las 12.0 millones de acciones en circulación de Richardson. No se involucraron valores derivados y no hay indicios de un cambio en la intención de inversión de McNally. Por lo tanto, la presentación es de carácter administrativo y no una señal del sentimiento interno.

양식 4는 Richardson Electronics의 EVP-Global Supply Chain인 Kathleen McNally가 2025년 7월 17일과 18일에 이전에 취득한 제한 주식 보상에 대한 원천징수세를 충당하기 위해 총 902주 보통주를 양도했음을 투자자에게 알립니다. 거래는 “F” 코드로 표시되어 시장 공개 매도 없음을 의미하며, 주식은 NASDAQ 마감가인 각각 $9.78$9.58에 회사에 의해 원천징수되었습니다.

원천징수 후 McNally의 직접 소유 주식 수는 42,071주에서 41,169주로 감소했으며, 이는 그녀의 보유 지분 중 약 2.1% 감소한 수치로 Richardson의 총 발행 주식 1,200만 주에 비해 미미한 수준입니다. 파생상품은 포함되지 않았으며, McNally의 투자 의도에 변화가 있다는 징후는 없습니다. 따라서 이번 신고는 내부자 심리의 신호가 아닌 행정적인 성격입니다.

Le formulaire 4 informe les investisseurs que Kathleen McNally, EVP-Global Supply Chain de Richardson Electronics, a cédé un total de 902 actions ordinaires les 17 et 18 juillet 2025 afin de couvrir les impôts retenus sur des attributions d’actions restreintes précédemment acquises. Les transactions sont codées « F », indiquant aucune vente sur le marché ouvert ; les actions ont été retenues par la société aux cours de clôture NASDAQ de 9,78 $ et 9,58 $, respectivement.

Après ces retenues, la détention directe de McNally est passée de 42 071 à 41 169 actions — une réduction d’environ 2,1 % de sa position et négligeable par rapport aux 12,0 millions d’actions en circulation de Richardson. Aucun titre dérivé n’a été impliqué, et il n’y a aucune indication d’un changement dans l’intention d’investissement de McNally. Le dépôt est donc de nature administrative et ne constitue pas un signal sur le sentiment des initiés.

Formular 4 informiert Investoren, dass Kathleen McNally, EVP-Global Supply Chain bei Richardson Electronics, am 17. und 18. Juli 2025 insgesamt 902 Stammaktien abgegeben hat, um Quellensteuern auf zuvor erworbene Restricted-Stock-Awards zu begleichen. Die Transaktionen sind mit „F“ codiert, was auf keinen Verkauf am offenen Markt hinweist; die Aktien wurden vom Unternehmen zu den NASDAQ-Schlusskursen von 9,78 $ und 9,58 $ jeweils einbehalten.

Nach den Einbehaltungen sank McNallys direkte wirtschaftliche Beteiligung von 42.071 auf 41.169 Aktien – eine Reduktion von etwa 2,1 % ihrer Position und im Verhältnis zu den 12,0 Millionen ausstehenden Aktien von Richardson unwesentlich. Es waren keine derivativen Wertpapiere involviert, und es gibt keinen Hinweis auf eine Änderung von McNallys Investitionsabsicht. Die Meldung ist daher administrativer Natur und kein Signal für Insider-Stimmung.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding share surrender; negligible ownership impact, neutral signal.

The code “F” confirms shares were withheld by RELL—not sold on the open market—to satisfy McNally’s tax obligations upon vesting of restricted stock. The 902-share reduction is de minimis versus both her holdings (≈2 %) and the company’s float. No derivatives or option exercises are reported, and her remaining stake (41,169 shares) still aligns incentives with shareholders. There is no information suggesting strategic change, liquidity concerns, or insider pessimism. Overall, the filing is non-impactful for valuation or sentiment.

Il modulo 4 segnala agli investitori che Kathleen McNally, EVP-Global Supply Chain di Richardson Electronics, ha ceduto un totale di 902 azioni ordinarie il 17 e 18 luglio 2025 per coprire le imposte trattenute su azioni ristrette precedentemente maturate. Le transazioni sono contrassegnate con il codice “F”, che indica nessuna vendita sul mercato aperto; le azioni sono state trattenute dalla società ai prezzi di chiusura del NASDAQ di $9,78 e $9,58, rispettivamente.

Dopo queste trattenute, la proprietà diretta di McNally è diminuita da 42.071 a 41.169 azioni, una riduzione di circa il 2,1% della sua posizione e irrilevante rispetto alle 12,0 milioni di azioni in circolazione di Richardson. Non sono stati coinvolti strumenti derivati e non vi è alcuna indicazione di un cambiamento nell’intento di investimento di McNally. Pertanto, la comunicazione è di natura amministrativa e non rappresenta un segnale sul sentiment interno.

El formulario 4 alerta a los inversores que Kathleen McNally, EVP-Global Supply Chain de Richardson Electronics, entregó un total de 902 acciones ordinarias los días 17 y 18 de julio de 2025 para cubrir impuestos retenidos sobre premios de acciones restringidas previamente adquiridas. Las transacciones están codificadas como “F”, lo que indica sin venta en mercado abierto; las acciones fueron retenidas por la empresa a los precios de cierre del NASDAQ de $9.78 y $9.58, respectivamente.

Tras las retenciones, la propiedad directa de McNally disminuyó de 42,071 a 41,169 acciones, una reducción de aproximadamente el 2.1% de su posición y insignificante en relación con las 12.0 millones de acciones en circulación de Richardson. No se involucraron valores derivados y no hay indicios de un cambio en la intención de inversión de McNally. Por lo tanto, la presentación es de carácter administrativo y no una señal del sentimiento interno.

양식 4는 Richardson Electronics의 EVP-Global Supply Chain인 Kathleen McNally가 2025년 7월 17일과 18일에 이전에 취득한 제한 주식 보상에 대한 원천징수세를 충당하기 위해 총 902주 보통주를 양도했음을 투자자에게 알립니다. 거래는 “F” 코드로 표시되어 시장 공개 매도 없음을 의미하며, 주식은 NASDAQ 마감가인 각각 $9.78$9.58에 회사에 의해 원천징수되었습니다.

원천징수 후 McNally의 직접 소유 주식 수는 42,071주에서 41,169주로 감소했으며, 이는 그녀의 보유 지분 중 약 2.1% 감소한 수치로 Richardson의 총 발행 주식 1,200만 주에 비해 미미한 수준입니다. 파생상품은 포함되지 않았으며, McNally의 투자 의도에 변화가 있다는 징후는 없습니다. 따라서 이번 신고는 내부자 심리의 신호가 아닌 행정적인 성격입니다.

Le formulaire 4 informe les investisseurs que Kathleen McNally, EVP-Global Supply Chain de Richardson Electronics, a cédé un total de 902 actions ordinaires les 17 et 18 juillet 2025 afin de couvrir les impôts retenus sur des attributions d’actions restreintes précédemment acquises. Les transactions sont codées « F », indiquant aucune vente sur le marché ouvert ; les actions ont été retenues par la société aux cours de clôture NASDAQ de 9,78 $ et 9,58 $, respectivement.

Après ces retenues, la détention directe de McNally est passée de 42 071 à 41 169 actions — une réduction d’environ 2,1 % de sa position et négligeable par rapport aux 12,0 millions d’actions en circulation de Richardson. Aucun titre dérivé n’a été impliqué, et il n’y a aucune indication d’un changement dans l’intention d’investissement de McNally. Le dépôt est donc de nature administrative et ne constitue pas un signal sur le sentiment des initiés.

Formular 4 informiert Investoren, dass Kathleen McNally, EVP-Global Supply Chain bei Richardson Electronics, am 17. und 18. Juli 2025 insgesamt 902 Stammaktien abgegeben hat, um Quellensteuern auf zuvor erworbene Restricted-Stock-Awards zu begleichen. Die Transaktionen sind mit „F“ codiert, was auf keinen Verkauf am offenen Markt hinweist; die Aktien wurden vom Unternehmen zu den NASDAQ-Schlusskursen von 9,78 $ und 9,58 $ jeweils einbehalten.

Nach den Einbehaltungen sank McNallys direkte wirtschaftliche Beteiligung von 42.071 auf 41.169 Aktien – eine Reduktion von etwa 2,1 % ihrer Position und im Verhältnis zu den 12,0 Millionen ausstehenden Aktien von Richardson unwesentlich. Es waren keine derivativen Wertpapiere involviert, und es gibt keinen Hinweis auf eine Änderung von McNallys Investitionsabsicht. Die Meldung ist daher administrativer Natur und kein Signal für Insider-Stimmung.

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)
07/17/2025
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 07/17/2025 F 453(1) D $9.78 41,618 D
Common Stock 07/18/2025 F 449(2) D $9.58 41,169 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
Explanation of Responses:
1. Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 17, 2025 of $ 9.78 and does not represent a sale of the reporting person.
2. Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 18, 2025 of $ 9.58 and does not represent a sale of the reporting person.
/s/ Robert J. Ben attorney-in-fact for Kathleen McNally 07/21/2025
** 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

How many Richardson Electronics (RELL) shares did EVP Kathleen McNally dispose of?

A total of 902 shares were surrendered for tax withholding on 17–18 Jul 2025.

Was the transaction an open-market sale of RELL stock?

No. The Form 4 code “F” indicates shares were withheld by the issuer to cover taxes; no market sale occurred.

What price was used to value the surrendered RELL shares?

Shares were valued at the NASDAQ closing prices of $9.78 on 17 Jul 2025 and $9.58 on 18 Jul 2025.

How many RELL shares does McNally own after the transactions?

She directly holds 41,169 common shares following the tax-withholding transactions.

Do the transactions signal insider sentiment toward Richardson Electronics?

Likely not; tax-related share withholding is generally considered administrative rather than indicative of bullish or bearish sentiment.
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