Director Kenneth Halverson filed a Form 144 notice of proposed sale of 1,000 common shares of Richardson Electronics, Ltd. on October 29, 2026, with an approximate sale date of October 29, 2026, through Fidelity Brokerage Services LLC on the NASDAQ exchange (NASDAQ:RELL).

Key Highlights

  • Proposed sale: Kenneth Halverson, a Director at Richardson Electronics, Ltd., intends to sell 1,000 shares of common stock with an aggregate market value of $20,640.00.
  • Source of shares: The 1,000 shares were acquired on August 3, 2026, via a stock award from the issuer as compensation.
  • Outstanding shares: According to the filing, 12,841,072 shares of common stock were outstanding at the time of notice.
  • Prior sales, August 3, 2026: Halverson sold 5,000 shares of Richardson Electronics, Ltd. securities on August 3, 2026, with gross proceeds of $93,818.59.
  • Prior sales, August 10, 2026: An additional 1,500 shares were sold on August 10, 2026, generating gross proceeds of $26,170.00.
  • Broker: The proposed sale is to be executed through Fidelity Brokerage Services LLC, 245 Summer Street, Boston, MA 02110.

Halverson's Proposed Share Sale and Recent Transaction History at Richardson Electronics

According to the Form 144 filing dated October 29, 2026, Kenneth Halverson, identified as a Director of Richardson Electronics, Ltd. (NASDAQ:RELL), filed notice of a proposed sale of 1,000 shares of the company's common stock. The filing lists an aggregate market value of $20,640.00 for the proposed sale and identifies Fidelity Brokerage Services LLC as the executing broker. The approximate date of sale is stated as October 29, 2026.

The filing discloses that the 1,000 shares proposed for sale were acquired on August 3, 2026, through a stock award from the issuer, with the nature of payment listed as compensation. No cash purchase consideration was involved. The filing further states that 12,841,072 shares of Richardson Electronics common stock were outstanding at the time of the notice.

As required by Form 144, the filing also discloses Halverson's sales of Richardson Electronics securities during the three months preceding the notice. On August 3, 2026, Halverson sold 5,000 shares with gross proceeds of $93,818.59, and on August 10, 2026, an additional 1,500 shares were sold with gross proceeds of $26,170.00. The notice was signed by Cristina Garcia as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Halverson Kenneth.

What Was Disclosed

Richardson Electronics Director Kenneth Halverson filed a Form 144 on October 29, 2026, disclosing a proposed sale of 1,000 common shares valued at $20,640.00, acquired as a stock award, along with prior sales of 6,500 shares in August 2026.