Richardson Electronics (RELL) Director Jacques Belin Exercises Options, Sells 5,000 Shares

What Happened

• Jacques Belin, a director of Richardson Electronics, exercised stock options and sold shares on August 4, 2026. He exercised 5,000 options at $9.10 per share (total exercise cost $45,500) and sold 5,000 shares in an open-market transaction at $21.46 per share for proceeds of $107,301. The filing also reports a separate derivative conversion of 5,000 shares shown as disposed at $0.00.

Key Details

• Transaction dates/prices:
  • 2026-08-04: Exercise (M) — 5,000 shares acquired at $9.10; total $45,500.
  • 2026-08-04: Sale (S) — 5,000 shares sold at $21.46; proceeds $107,301.
  • 2026-08-04: Exercise/conversion (M) — 5,000 shares reported disposed at $0.00 (derivative).
• Shares owned after transaction: Not specified in the information provided in this summary (see Form 4 for exact post-transaction holdings).
• Footnote: F1 — Options vested immediately (08/20/2018).
• Filing timeliness: Report filed 2026-08-06 for transactions on 2026-08-04; filing appears timely (within the Form 4 reporting window).

Context

• This appears to be an exercise of vested options followed by an immediate sale of shares (a common cashless exercise/sell pattern used to cover exercise cost and realize value). The separate derivative line at $0.00 may reflect a conversion/settlement detail tied to the option award; consult the full Form 4 for the issuer’s text if you need the exact mechanics. As with all insider sales, this is a factual report of trading activity and not a statement of the director’s view on the company.