Ben Robert J 4
Research Summary
AI-generated summary
Richardson Electronics (RELL) CFO Ben Robert J Sells 4,000 Shares
What Happened
Ben Robert J, who serves as CFO, CAO and Corporate Secretary of Richardson Electronics, sold 4,000 shares of RELL common stock in open-market transactions on February 19, 2026. The weighted average sale price was $12.99 per share, for total proceeds of approximately $51,948. This was a sale (not a purchase or option exercise) and sales by insiders are often routine liquidity events rather than direct signals about company fundamentals.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely filing).
- Transaction type/code: Open-market sale (Code S).
- Shares sold: 4,000; weighted-average price reported: $12.99; total value ≈ $51,948.
- Price range: shares were sold in multiple trades between $12.95 and $13.08 per share (footnote F1). The reporting person can provide a per-price breakdown on request.
- Shares owned after the transaction: not disclosed in the provided filing details.
- No 10b5‑1 plan, tax-withholding, or gift notation was indicated in the summary provided.
Context
Sales by executives are common for diversification or personal liquidity and do not necessarily indicate a change in view on the company. Because this was an open-market sale (not an option exercise or award-related sale), it involved disposing of already-held shares. If you want the exact number of shares sold at each price within the reported range, the filer has stated they will provide that breakdown on request.