Richardson Electronics (RELL) CFO exercises options and sells 7,500 shares
Rhea-AI Filing Summary
RICHARDSON ELECTRONICS, LTD. executive Robert J. Ben, CFO, CAO and Corporate Secretary, reported exercising employee stock options for a total of 7,500 shares of common stock at exercise prices of $7.66, $11.89 and $9.73 per share, then selling 7,500 shares at $20.00 per share on July 28, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 7,500 shares ($71K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Ben Robert J
Role
CFO, CAO, Corporate Secretary
Sold
7,500 shs ($150K)
Approx. gross sale proceeds
$150K
Approx. exercise cost
$79K
Approx. pre-tax spread
$71K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1 | 1,500 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F2 | 4,000 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F3 | 2,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,500 | $7.66 | $11K |
| Exercise | Common Stock | 4,000 | $11.89 | $48K |
| Exercise | Common Stock | 2,000 | $9.73 | $19K |
| Sale | Common Stock | 7,500 | $20.00 | $150K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 14,000 shares (Direct);
Common Stock — 60,534 shares (Direct)
Footnotes (3)
- F1. Options Vest 20% per year, beginning 7/19/2022
- F2. Options vest 20% per year, beginning 7/22/2025
- F3. Options vest 20% per year, beginning 7/21/2026
Key Figures
Options exercised: 7,500 shares
Shares sold: 7,500 shares
Sale price: $20.00 per share
+3 more
6 metrics
Options exercised
7,500 shares
Total employee stock options exercised by the CFO on July 28, 2026
Shares sold
7,500 shares
Common shares sold by the CFO at $20.00 per share on July 28, 2026
Sale price
$20.00 per share
Price per share for 7,500 Richardson Electronics common shares sold
Options at $7.66
1,500 shares
Portion of options exercised at an exercise price of $7.66 per share
Options at $11.89
4,000 shares
Portion of options exercised at an exercise price of $11.89 per share
Options at $9.73
2,000 shares
Portion of options exercised at an exercise price of $9.73 per share
Key Terms
Employee Stock Option (Right to Buy), Exercise or conversion of derivative security, vest 20% per year
3 terms
Employee Stock Option (Right to Buy) financial
"security_title: Employee Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
vest 20% per year financial
"Options vest 20% per year, beginning 7/22/2025"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RELL executive Robert J. Ben report?
Robert J. Ben reported exercising employee stock options for 7,500 common shares and then selling 7,500 shares of Richardson Electronics stock at $20.00 per share on July 28, 2026, according to the Form 4 insider transaction disclosure.
How many Richardson Electronics (RELL) options did the CFO exercise and at what prices?
The CFO exercised employee stock options covering 7,500 shares in total: 1,500 shares at $7.66, 4,000 shares at $11.89 and 2,000 shares at $9.73 per share, each converting into an equal number of Richardson Electronics common shares.
At what price did the RELL CFO sell common stock in this Form 4?
The filing reports that the CFO sold 7,500 shares of Richardson Electronics common stock at $20.00 per share on July 28, 2026. This sale followed the exercise of options that had lower strike prices ranging from $7.66 to $11.89 per share.
What vesting terms apply to the RELL options reported in this insider filing?
Footnotes state the employee stock options vest 20% per year, with grants beginning vesting on July 19, 2022, July 22, 2025, and July 21, 2026, respectively. These vesting schedules apply to the option awards that were partially exercised in the reported transactions.
What roles does Robert J. Ben hold at Richardson Electronics (RELL)?
The reporting person, Robert J. Ben, is identified as Chief Financial Officer (CFO), Chief Accounting Officer (CAO) and Corporate Secretary of Richardson Electronics. These roles are listed directly in the insider information section of the Form 4 filing.