Richardson Electronics grants equity to COO Diddell
RICHARDSON ELECTRONICS, LTD. reports that COO and director Wendy Diddell received equity awards on July 20, 2026.
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Form Type
4
Rhea-AI Filing Summary
RICHARDSON ELECTRONICS, LTD. reports that COO and director Wendy Diddell received equity awards on July 20, 2026. She was granted 20,000 restricted shares of common stock that vest ratably over three years and 20,000 stock options with a $16.56 exercise price, vesting over five years and expiring July 20, 2036. Following the restricted stock grant, she directly holds 143,649 common shares.
Insider Trade Summary
Grant/Award: 40,000 shares
Grant/Award
2 txns
Insider
Diddell Wendy
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) F2 | 20,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 20,000 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 20,000 contracts (Direct);
Common Stock — 143,649 shares (Direct)
Footnotes (2)
- F1. Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which shall vest ratably over a three year period, beginning on the first anniversary of the date of issuance.
- F2. The stock option was granted on July 20, 2026 pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan. The option vests over 5 years with 1/5 of the total number of shares subject to the option vesting on each anniversary date of grant, until fully vested.
Key Figures
Restricted stock award: 20,000 shares
Stock options granted: 20,000 shares
Option exercise price: $16.56 per share
+3 more
6 metrics
Restricted stock award
20,000 shares
Restricted stock granted July 20, 2026, vesting ratably over three years
Stock options granted
20,000 shares
Employee stock option granted July 20, 2026 under long-term incentive plan
Option exercise price
$16.56 per share
Exercise price for 20,000-share stock option grant
Option exercise date
July 20, 2027
Initial exercise date associated with the stock option grant
Option expiration date
July 20, 2036
Expiration of the 20,000-share stock option grant
Shares held after grant
143,649 shares
Direct common stock holdings following restricted stock award
Key Terms
restricted stock award, Employee Stock Option, Long-Term Incentive Plan, vesting
4 terms
restricted stock award financial
"Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Employee Stock Option financial
"The stock option was granted on July 20, 2026 pursuant to the Richardson Electronics"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Long-Term Incentive Plan financial
"pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
vesting financial
"The option vests over 5 years with 1/5 of the total number of shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did RELL grant to Wendy Diddell on July 20, 2026?
Wendy Diddell received 20,000 restricted shares of common stock and stock options for 20,000 shares. Both awards were granted under Richardson Electronics’ 2011 Amended and Restated Long-Term Incentive Plan with multi-year vesting schedules.
How do the new restricted stock awards for RELL’s Wendy Diddell vest?
The 20,000-share restricted stock award vests ratably over three years, beginning on the first anniversary of the July 20, 2026 issuance date. One-third of the shares vests each year until fully vested.
What are the key terms of Wendy Diddell’s new RELL stock options?
The stock option covers 20,000 shares of common stock at a $16.56 exercise price. It vests over five years, with one-fifth of the option vesting on each anniversary of the July 20, 2026 grant, and expires July 20, 2036.
Under which plan were Wendy Diddell’s new RELL equity awards granted?
Both the restricted stock and stock option were granted under the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan, the company’s long-term equity incentive program for eligible participants.
When do Wendy Diddell’s new RELL stock options become exercisable and when do they expire?
The option begins vesting on the first anniversary of the July 20, 2026 grant date, with 1/5 vesting each year, and it expires July 20, 2036, if not earlier exercised or forfeited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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