Richardson Electronics (RELL) Director Jacques Belin Receives Award

What Happened

• Jacques Belin, a director of Richardson Electronics, was granted 3,020 restricted shares on July 20, 2026. The Form 4 reports the acquisition as an award (transaction code A) at a reported price of $0, so no cash was paid on grant. A footnote states the award is under the company's 2011 Long-Term Incentive Plan and vests immediately on the grant date.

Key Details

• Transaction date: 2026-07-20
• Filing date (Form 4): 2026-07-22
• Shares granted: 3,020 restricted shares
• Reported price / cash paid: $0 (total $0 reported)
• Transaction code: A (award/acquisition)
• Footnote: Award under Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan; vests immediately
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Reported on 2026-07-22 for a 2026-07-20 grant; no late-filing flag shown in the provided data

Context

• This was a compensation award that vests immediately rather than an open-market purchase or sale. Such grants increase insider shareholdings but are driven by company compensation decisions; they do not alone indicate an insider's personal buying or selling decision.