First Wilshire reports 5.4% stake in Richardson Elec Ltd (RELL)
Rhea-AI Filing Summary
RICHARDSON ELEC LTD reports that First Wilshire Securities Management, Inc. beneficially owned 671,998 shares of common stock, representing 5.4% of the class as of 03/31/2026. The filing shows sole voting power of 646,682 shares and sole dispositive power of 671,998. The Schedule 13G was signed by Howard Lu, CEO, on 04/29/2026.
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Insights
Passive 5.4% stake reported by an investment manager.
First Wilshire Securities Management, Inc. is shown as holding 671,998 shares, equal to 5.4% of Richardson Elec Ltd common stock as of 03/31/2026. The filing uses Schedule 13G format, which typically indicates a passive investor relationship rather than an activist intent.
The disclosure lists sole voting power of 646,682 and sole dispositive power of 671,998. Subsequent filings or amendments may clarify any changes in ownership or voting arrangements.
Filing establishes a >5% institutional stake that may affect proxy thresholds.
The reported 5.4% holding crosses common 5% reporting thresholds and must appear in public records. The filing names the issuer address and CUSIP 763165107, supporting traceability.
Governance teams should note the holder's voting and dispositive powers recorded; any change in intent would require amendment to the Schedule 13G filing.