STOCK TITAN

Richardson Electronics (RELL) EVP exercises options and sells 6,636 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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
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
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"
SEC Form 4
FORM 4UNITED 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*
MCNALLY KATHLEEN

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

(Street)
LAFOX ILLINOIS 60147

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RICHARDSON ELECTRONICS, LTD. [ RELL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP Global Supply Chain
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026M1,836A$4.2647,555D
Common Stock05/20/2026M4,800A$7.6652,355D
Common Stock05/20/2026S6,636D$16.8526(1)45,719D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$4.2605/20/2026M1,836 (2)07/21/2030Common Stock1,836$00D
Employee Stock Option (Right to Buy)$7.6605/20/2026M4,800 (3)07/19/2031Common Stock4,800$01,200D
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 $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.
2. Options vest 20% per year, beginning 07/21/2021
3. Options vest 20% per year, beginning 07/19/2022
/s/ Robert J. Ben attorney-in-fact for Kathleen McNally05/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many RELL shares did Kathleen McNally sell and at what price?

She sold 6,636 Richardson Electronics common shares in the open market at a weighted average price of $16.8526 per share. The actual sale prices ranged between $16.81 and $16.89 per share, according to the filing footnote.

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.

How many RELL shares does Kathleen McNally hold after these transactions?

After the reported option exercises and sale, Kathleen McNally directly holds 45,719 shares of Richardson Electronics common stock. This post-transaction share count is disclosed in the non-derivative transaction table of the Form 4 filing.

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.