RICHARDSON ELECTRONICS Director Paul Plante Receives 3,020 Shares

What Happened

• Paul J. Plante, a director of Richardson Electronics, Ltd. (RELL), was granted 3,020 shares on 2026-07-20 as an award (transaction code A). The filing reports an acquisition price of $0.00 for the shares — this is a restricted stock award rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-20; Form 4 filed 2026-07-22 (filed within two business days).
• Shares granted: 3,020; reported acquisition price: $0.00; total cash consideration reported: $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: the award is a restricted stock award under the company’s 2011 Long‑Term Incentive Plan and "shall vest immediately on the grant date."
• Transaction type: Award/Grant (A). No 10b5-1 plan, tax‑withholding, or sale noted in the provided data.

Context

• A restricted stock award that vests immediately becomes the insider’s property on the grant date; it is different from an open‑market purchase or an option exercise. Such awards are commonly part of director or executive compensation and should be considered an acquisition of shares but not necessarily a direct signal about near‑term market views.