Ben Robert J 4
Research Summary
AI-generated summary
Richardson Electronics (RELL) CFO Ben Robert J Sells 5,000 Shares
What Happened
Ben Robert J, who serves as CFO (also CAO and Corporate Secretary) of Richardson Electronics, sold a total of 5,000 shares in two open-market transactions on February 4, 2026, generating roughly $59,503 in proceeds. The trades were: 4,969 shares at $11.90 each ($59,131) and 31 shares at $12.00 each ($372). These were sales (transaction code S), which are often routine and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction dates and prices: Feb 4, 2026 — 4,969 shares @ $11.90 and 31 shares @ $12.00.
- Total shares sold: 5,000; total proceeds: ~$59,503.
- Filing date: Form 4 filed Feb 6, 2026 reporting the Feb 4 transactions.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnotes: None disclosed (no 10b5-1 plan, tax withholding, or special conditions noted in the supplied data).
Context
Sales by executives are common and can reflect portfolio diversification, tax planning, or other personal reasons; they are less directly informative than purchases about insider confidence. Because these were open-market sales (not option exercises or gifts), they represent straight disposals of stock rather than derivative transactions.