Richardson Electronics (RELL) EVP exercises options and sells 6,636 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kathleen McNally, EVP Global Supply Chain of Richardson Electronics, reported exercising stock options and selling shares of common stock. She exercised options for 4,800 shares at $7.66 per share and 1,836 shares at $4.26 per share, converting them into common stock.
On the same date, she completed an open-market sale of 6,636 common shares at a weighted average price of $16.8526 per share, with individual sale prices ranging from $16.81 to $16.89. After these transactions, she directly holds 45,719 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,636 shares ($111,834)
Net Sell
5 txns
Insider
MCNALLY KATHLEEN
Role
EVP Global Supply Chain
Sold
6,636 shs ($112K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 1,836 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 4,800 | $0.00 | -- |
| Exercise | Common Stock | 1,836 | $4.26 | $8K |
| Exercise | Common Stock | 4,800 | $7.66 | $37K |
| Sale | Common Stock | 6,636 | $16.8526 | $112K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 47,555 shares (Direct, null)
Footnotes (1)
- The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $16.81 to $16.89 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. Options vest 20% per year, beginning 07/21/2021 Options vest 20% per year, beginning 07/19/2022
Key Figures
Shares sold: 6,636 shares
Weighted average sale price: $16.8526 per share
Options exercised at $7.66: 4,800 shares
+2 more
5 metrics
Shares sold
6,636 shares
Open-market sale of common stock on May 20, 2026
Weighted average sale price
$16.8526 per share
Common stock sale, trades ranged $16.81–$16.89
Options exercised at $7.66
4,800 shares
Employee stock option exercise into common stock
Options exercised at $4.26
1,836 shares
Employee stock option exercise into common stock
Post-transaction holdings
45,719 shares
Direct common stock ownership after transactions
Key Terms
open-market sale, Employee Stock Option (Right to Buy), weighted average sale price, Options vest 20% per year
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (Right to Buy) financial
"security_title": "Employee Stock Option (Right to Buy)""
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
Options vest 20% per year financial
"Options vest 20% per year, beginning 07/21/2021"
FAQ
What insider transactions did RELL executive Kathleen McNally report?
Kathleen McNally reported exercising stock options and selling shares of Richardson Electronics common stock. She exercised options for 6,636 shares total, then sold 6,636 common shares in an open-market transaction, all on May 20, 2026.
What option exercises did the RELL Form 4 disclose for Kathleen McNally?
The filing shows she exercised options covering 4,800 shares at $7.66 per share and 1,836 shares at $4.26 per share. These exercises converted employee stock options into common shares before the reported open-market sale.
Were the RELL insider sales done as a single price or multiple trades?
The sale used multiple trades at different prices, with a weighted average. The footnote notes prices ranged from $16.81 to $16.89 per share, and McNally undertakes to provide full trade details upon request.