Director at Richardson Electronics (NASDAQ: RELL) exercises 4,000 options

Rhea-AI Filing Summary

Richardson Electronics director Jacques Belin reported an employee stock option exercise and resulting share ownership change. On 01/13/2026, an employee stock option with an exercise price of $7.66 covering 4,000 shares of common stock was exercised, coded as transaction type "M". This produced 4,000 shares of Richardson Electronics common stock at a price of $7.66 per share. Following this transaction, Belin directly owned 19,345 shares of common stock. The option, originally granted on 07/19/2021 and expiring on 07/19/2031, showed 0 derivative securities remaining beneficially owned after the exercise.

Insider Trade Summary

Net Buyer: 4,000 shares

Net Buy 2 txns

Insider Belin Jacques

Role Director

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	4,000	$0.00	$0.00
Exercise	Common Stock	4,000	$7.66	$31K

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 19,345 shares (Direct)

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/15/2026 - 03:50 PM Learn about SEC filing dates

FAQ

What did RELL director Jacques Belin report on this Form 4?

The filing shows that director Jacques Belin exercised an employee stock option for 4,000 shares of Richardson Electronics common stock on 01/13/2026.

How many Richardson Electronics (RELL) shares did Jacques Belin acquire?

Through the option exercise, Jacques Belin acquired 4,000 shares of common stock at an exercise price of $7.66 per share.

What is Jacques Belin’s direct share ownership in RELL after the transaction?

After the reported transaction, Jacques Belin directly owned 19,345 shares of Richardson Electronics common stock.

What type of derivative security did Jacques Belin exercise?

The derivative security was an Employee Stock Option (Right to Buy) for 4,000 underlying shares with an exercise price of $7.66.

When were the employee stock options on RELL shares granted and when do they expire?

The employee stock option was granted on 07/19/2021 and had an expiration date of 07/19/2031, according to the transaction table.

Does Jacques Belin still hold any of the reported employee stock options after this Form 4?

No. The table shows 0 derivative securities beneficially owned following the reported option exercise.

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).

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^*

Belin Jacques

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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	01/13/2026		M		4,000	A	$7.66	19,345	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
Employee Stock Option (Right to Buy)	$7.66	01/13/2026		M			4,000	07/19/2021	07/19/2031	Common Stock	4,000	$0	0	D

Explanation of Responses:

	/s/ Robert J. Ben, attorney-in-fact for Jacques Belin	01/15/2026
	** 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.