4Filed Aug 20, 8:00 PM ET

Richardson Electronics (RELL) Director James Benham Sells 3,020 Shares

$RELL · RICHARDSON ELECTRONICS, LTD.

Research Summary

AI-generated summary of this SEC filing

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Richardson Electronics (RELL) Director James Benham Sells 3,020 Shares

What Happened
James Benham, a director of Richardson Electronics, Ltd. (RELL), sold 3,020 shares in an open-market transaction on August 19, 2026. The shares were sold at $17.99 per share for a total transaction value of approximately $54,330. This was a sale (disposition) of shares, which is commonly a liquidity event rather than a direct indicator of company outlook.

Key Details

  • Transaction date: 2026-08-19; Filing date: 2026-08-21 (filed timely).
  • Transaction type/code: Sale (S) — open market/private sale.
  • Shares sold: 3,020 at $17.99 each; total value ≈ $54,330.
  • Shares owned after the transaction: Not reported in the provided filing details.
  • Footnotes/plans: No 10b5-1 plan, tax withholding, or other special instruction noted in the supplied data.

Context
Sales by non-executive insiders like directors are often routine (e.g., portfolio rebalancing, tax planning) and do not necessarily reflect material new information about the company. For purchases, investors typically view insider buying as a stronger signal; for sales, consider looking at patterns over time or additional filings for broader context.