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[Form 4] Richardson Electronics Ltd Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Richardson Electronics (RELL) – Form 4 filed 24-Jul-2025

Director & Chief Operating Officer Wendy Diddell reported a routine tax-withholding transaction tied to the vesting of a previously granted restricted-stock award. On 22-Jul-2025 she surrendered 2,606 common shares (transaction code “F”) to the company at the closing price of $9.64 to satisfy income-tax obligations; no open-market sale occurred. After the net settlement, Diddell directly owns 127,794 RELL shares. No derivative securities were involved. The filing is an administrative event and does not signal a shift in insider sentiment or company fundamentals.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding; negligible impact on float or insider sentiment.

Transaction code “F” indicates shares were withheld by the issuer to cover taxes on vested restricted stock. The 2,606 shares represent about 2% of Ms. Diddell’s post-transaction holdings and an immaterial fraction of Richardson’s 12 million-plus share count. Because the shares are returned to treasury rather than dumped on the market, there is no selling pressure. Insider retains a sizable stake, so alignment with shareholders remains. Overall, the event is administratively neutral.

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*
Diddell Wendy

(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
X Officer (give title below) Other (specify below)
COO
3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025
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 07/22/2025 F 2,606(1) D $9.64 127,794 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 22, 2025 of $ 9.64 and does not represent a sale of the reporting person.
/s/ Robert J. Ben attorney-in-fact for Wendy Diddell 07/24/2025
** 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 did the Form 4 for RELL dated 24-Jul-2025 disclose?

Insider Wendy Diddell surrendered 2,606 shares on 22-Jul-2025 to cover taxes on vested restricted stock.

Was this an open-market sale by the RELL COO?

No. The shares were withheld by the issuer; transaction code “F” indicates tax withholding, not a market sale.

How many Richardson Electronics shares does Wendy Diddell now own?

After the transaction, she directly owns 127,794 common shares.

Does the filing involve derivative securities or options?

No derivative securities were reported; only common shares were affected.

Is the transaction likely to affect RELL’s share price?

Impact is expected to be negligible because the shares were not sold into the market.
Richardson Electrs Ltd

NASDAQ:RELL

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140.73M
11.98M
3.91%
69.15%
1.95%
Electronic Components
Wholesale-electronic Parts & Equipment, Nec
Link
United States
LAFOX