Halverson Kenneth 4

What Happened

• Kenneth Halverson, a director of Richardson Electronics, Ltd. (RELL), was granted 3,020 restricted shares on 2026-07-20. The shares were recorded at $0.00 per share (an award/acquisition), so no cash was paid by the insider.
• This filing reports an award (transaction code A) rather than an open-market purchase or sale. The shares vested immediately on the grant date per the filing footnote.

Key Details

• Transaction date: 2026-07-20; Filing date: 2026-07-22.
• Award: 3,020 shares acquired at $0.00 per share (total cash paid $0; market value not provided in the filing).
• Shares owned after transaction: Not reported in the information provided.
• 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."
• No 10b5-1 plan, tax-withholding, or sale information noted in the provided filing details.

Context

• Restricted stock awards typically transfer shares to the insider subject to plan terms; immediate vesting means the recipient has rights to the shares without additional service conditions.
• This is an acquisition-type transaction (insider receiving equity). Such awards can be part of routine director compensation and do not by themselves indicate the insider's market view.