Richardson Electronics (RELL) CFO Ben Robert J Receives Stock Award & Option

What Happened Ben Robert J, who serves as CFO, CAO and Corporate Secretary of Richardson Electronics, Ltd. (RELL), was granted an 8,500-share restricted stock award and a 10,000-share stock option on July 20, 2026. Both grants were reported at a $0.00 per-share acquisition price in the Form 4 filing (total $0 reported for reporting purposes). The restricted stock is an outright award; the 10,000-share item is a derivative equity grant (stock option), not an exercise of an option or a sale.

Key Details

• Transaction date: July 20, 2026; Form 4 filed July 22, 2026 (filed two days after the transaction).
• Consideration: $0.00 per share reported for both the 8,500 restricted shares and the 10,000-share option grant.
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnote F1: Restricted stock award vests ratably over 3 years beginning on the first anniversary of issuance.
• Footnote F2: Stock option vests over 5 years — 1/5 of the option vests on each anniversary of grant until fully vested.
• Transaction type codes: A = Award/Grant; the 10,000-share grant is a derivative (option) grant, not an exercise (no shares were sold).

Context These grants are compensation-related awards and do not reflect an open-market purchase or sale. Restricted shares and options typically vest over time, aligning executive incentives with company performance and retention; they do not necessarily indicate an immediate change in the insider’s market view.