Vanguard reports zero stake in Richardson Electronics (RELL) after realignment

Rhea-AI Filing Summary

The Vanguard Group filed an amended Schedule 13G reporting no beneficial ownership of Richardson Electronics Ltd common stock. The filing states 0 shares and 0% beneficial ownership following an internal realignment described as occurring on January 12, 2026, and cites SEC Release No. 34-39538 (January 12, 1998) for disaggregated reporting. The filing is signed by Ashley Grim, Head of Global Fund Administration on 03/27/2026.

Insights

Institutional Ownership Analyst

Vanguard reports zero retained stake in RELL after internal realignment.

The filing specifies 0 shares and 0% beneficial ownership in Richardson Electronics Ltd as of the amendment. It attributes the change to an internal reorganization on January 12, 2026 and cites SEC Release No. 34-39538 (January 12, 1998) for separate subsidiary reporting.

Cash‑flow treatment and any transfers between Vanguard entities are not disclosed in the excerpt; subsequent filings from the reporting entities may clarify which Vanguard subsidiary holds any position and the timing of any transfers.

Regulatory Filings Specialist

Amendment documents disaggregation of beneficial ownership under a long‑standing SEC release.

The narrative explains that certain Vanguard subsidiaries will report beneficial ownership separately and that The Vanguard Group, Inc. "no longer has, or is deemed to have, beneficial ownership" of securities held by those subsidiaries per the cited release. The amendment frames the 0% entry as a reporting consequence of that realignment.

Investors looking for entity-level holdings should consult the separate 13G/A filings by the named Vanguard subsidiaries; this amendment does not quantify holdings by those affiliates.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Richardson Electronics Ltd/United States

(Name of Issuer)

Common Stock

(Title of Class of Securities)

763165107

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 763165107

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Richardson Electronics Ltd/United States
(b)	Address of issuer's principal executive offices: 40W267 Keslinger Road, PO Box 393, Lafox, IL, 60147
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/27/2026

FAQ

What does the Schedule 13G/A say about The Vanguard Group's stake in RELL?

It reports 0 shares and 0% beneficial ownership in Richardson Electronics Ltd. The filing attributes this to an internal Vanguard realignment effective January 12, 2026, which led to disaggregated reporting by subsidiaries under SEC Release No. 34-39538.

Why does Vanguard report zero ownership in the amendment for RELL?

Because Vanguard disaggregated holdings among subsidiaries after an internal realignment. The amendment cites SEC Release No. 34-39538 (January 12, 1998) and explains subsidiaries will report beneficial ownership separately from The Vanguard Group, Inc.

Who signed the amended Schedule 13G/A for Richardson Electronics (RELL)?

The amendment is signed by Ashley Grim, Head of Global Fund Administration. The signature block in the filing lists the date as 03/27/2026 and includes Vanguard's Malvern, PA address.

Does this filing disclose which Vanguard subsidiary holds RELL shares after realignment?

No, the amendment does not name specific Vanguard subsidiaries holding RELL shares. It states that subsidiaries will report separately under the cited SEC release; separate filings would show any subsidiary holdings.

Does the Schedule 13G/A indicate any voting or dispositive power by Vanguard over RELL shares?

The filing lists 0 for sole and shared voting power and for sole and shared dispositive power. It reports no authority to vote or dispose of Richardson Electronics Ltd shares under The Vanguard Group's name.