RICHARDSON EDWARD J 4
4 · RICHARDSON ELECTRONICS, LTD. · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
RELL 10% Owner Edward J. Richardson Receives Stock Award & Option
What Happened
Edward J. Richardson, identified as a 10% owner of Richardson Electronics, Ltd. (RELL), was granted two awards on July 20, 2026: 20,000 restricted shares (award) and a 20,000-share option (derivative award). Both grants were reported at a $0.00 acquisition price (no cash paid at grant). These are issuances/compensation awards, not open-market purchases or sales.
Key Details
- Transaction date: July 20, 2026; Form 4 filed July 22, 2026 (timely filing).
- Grants reported:
- 20,000 restricted shares (code A) at $0.00 — restricted stock award.
- 20,000 shares (derivative/option, code A) at $0.00 — option grant.
- Shares owned after transaction: Not disclosed in this Form 4.
- Vesting/terms (from filing footnotes):
- Restricted stock vests ratably over 3 years, beginning on the first anniversary of issuance.
- Option vests over 5 years, with 1/5 vesting on each anniversary of the grant until fully vested.
- No indication of tax-withholding shares, 10b5-1 plan, or immediate sale of shares in this filing.
Context
These entries are compensation-related grants (awards and an option grant), which are common for retention or long-term incentives; they are not immediate purchases or sales that reveal a trading preference. As a 10% owner, Richardson is a substantial insider — filings from 10% owners are treated as insider activity but may reflect ownership structure and compensation rather than short-term trading intent. The option grant is not an exercise; it will become exercisable according to the stated vesting schedule.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-20+20,000→ 43,114 total - Award
Employee Stock Option (Right to Buy)
[F2]2026-07-20+20,000→ 20,000 totalExercise: $16.56From: 2027-07-20Exp: 2036-07-20→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which shall vest ratably over a three year period, beginning on the first anniversary of the date of issuance.
- [F2]The stock option was granted on July 20, 2026 pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan. The option vests over 5 years with 1/5 of the total number of shares subject to the option vesting on each anniversary date of grant, until fully vested.