Richardson Electronics (RELL) director sells 9,836 shares after option exercise
Rhea-AI Filing Summary
Richardson Electronics, Ltd. director James Benham reported an exercise-and-sale sequence on August 3, 2026. He exercised employee stock options covering a total of 9,836 shares of common stock at exercise prices of $15.60 and $15.51 per share, then sold 9,836 shares at $18.50 per share the same day.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 9,836 shares ($29K approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Benham James
Role
Director
Sold
9,836 shs ($182K)
Approx. gross sale proceeds
$182K
Approx. exercise cost
$153K
Approx. pre-tax spread
$29K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1 | 4,836 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (Right to Buy) F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,836 | $15.60 | $75K |
| Exercise | Common Stock | 5,000 | $15.51 | $78K |
| Sale | Common Stock | 9,836 | $18.50 | $182K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 22,365 shares (Direct)
Footnotes (2)
- F1. Options vest immediately, 7/18/2022
- F2. Options vest immediately 7/17/2023
Key Figures
Options Exercised (Total Shares): 9,836 shares
Option Exercise Price 1: $15.60 per share
Option Exercise Price 2: $15.51 per share
+4 more
7 metrics
Options Exercised (Total Shares)
9,836 shares
Employee stock options exercised by James Benham on August 3, 2026
Option Exercise Price 1
$15.60 per share
Exercise of 4,836 employee stock options into common stock
Option Exercise Price 2
$15.51 per share
Exercise of 5,000 employee stock options into common stock
Shares Sold
9,836 shares
Common stock sale reported by James Benham on August 3, 2026
Sale Price
$18.50 per share
Price for 9,836 Richardson Electronics common shares sold
Option Expiration Date 1
July 18, 2032
Expiration date of one employee stock option grant exercised
Option Expiration Date 2
July 17, 2033
Expiration date of second employee stock option grant exercised
Key Terms
Employee Stock Option (Right to Buy), Exercise or conversion of derivative security, Sale in open market or private transaction
3 terms
Employee Stock Option (Right to Buy) financial
"security_title is listed as Employee Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description notes Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description states Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did James Benham report for Richardson Electronics (RELL)?
James Benham reported exercising stock options and then selling shares of Richardson Electronics (RELL) common stock. On August 3, 2026, he exercised options for 9,836 shares and sold 9,836 shares at $18.50 per share.
At what prices were James Benham’s Richardson Electronics (RELL) options exercised?
James Benham exercised employee stock options for Richardson Electronics at $15.60 and $15.51 per share. These exercises on August 3, 2026, covered 4,836 and 5,000 shares respectively, totaling 9,836 shares of common stock before the same-day sale.
What type of securities did James Benham exercise in his Richardson Electronics (RELL) Form 4?
He exercised Employee Stock Options (Right to Buy) that were convertible into Richardson Electronics common stock. The two option exercises on August 3, 2026, produced 9,836 common shares, which were then fully sold at $18.50 per share the same day.
Did James Benham’s Richardson Electronics (RELL) Form 4 report option expiration dates?
Yes. The exercised employee stock options had expiration dates of July 18, 2032 and July 17, 2033. Footnotes indicate these options vested immediately on earlier dates in 2022 and 2023 before being exercised on August 3, 2026.