Richardson Electronics (RELL) Director Benham James Receives Award

What Happened

• Benham James (Director) was granted 3,020 restricted shares of Richardson Electronics on 2026-07-20. The grant is reported as an acquisition (code A) at $0.00 per share (total reported cash consideration $0). The award vested immediately on the grant date per the filing.

Key Details

• Transaction date: 2026-07-20 (reported on Form 4 filed 2026-07-22).
• Transaction type/code: Restricted stock award (A = Award/Grant).
• Shares acquired: 3,020; Price reported: $0.00; cash consideration reported: $0.
• Vesting: Footnote F1 — award vests immediately on the grant date.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).

Context

• This was a compensatory restricted stock award (not an open-market purchase). Immediate vesting means the shares became the insider's property on the grant date. Such awards are routine forms of compensation and do not alone signal the insider’s market view.