Robert J. Ben, CFO, CAO, and Corporate Secretary of Richardson Electronics, Ltd., filed a Form 4 on October 30, 2026, disclosing an option exercise and same-day sale of 5,000 shares of common stock on October 28, 2026.

Key Highlights

  • Option exercise: Robert J. Ben exercised 5,000 employee stock options (transaction code M) at an exercise price of $15.51 per share on October 28, 2026.
  • Shares sold: Ben disposed of 5,000 shares of common stock (transaction code S) at $21.01 per share on the same date.
  • Remaining ownership: Following the transactions, Ben directly holds 60,534 shares of common stock.
  • Remaining options: Ben holds 4,000 employee stock options beneficially after the exercise, with an expiration date of July 17, 2033.
  • Vesting schedule: According to the filing, the options vest 20% per year, beginning July 17, 2024.
  • Issuer: Richardson Electronics, Ltd., traded on NASDAQ:RELL.

Ben's Option Exercise and Share Sale at Richardson Electronics

According to the Form 4 filed with the SEC on October 30, 2026, Robert J. Ben, serving as CFO, CAO, and Corporate Secretary of Richardson Electronics, Ltd. (NASDAQ:RELL), reported two transactions in common stock on October 28, 2026. Ben exercised 5,000 employee stock options at the conversion price of $15.51 per share, acquiring 5,000 shares of common stock. These options carried an expiration date of July 17, 2033, and the filing notes that they vest 20% per year beginning July 17, 2024.

On the same date, the filing discloses that Ben disposed of 5,000 shares of common stock at a price of $21.01 per share. Both transactions are recorded as direct ownership. Prior to the reported exercise, Ben held 65,534 shares directly; following both the acquisition and disposal, his direct beneficial ownership in common stock stands at 60,534 shares, according to the filing.

In Table II of the filing, covering derivative securities, the exercise reduced Ben's employee stock options from an implied 9,000 to 4,000 remaining options, all held directly. The price of the derivative security at exercise is listed as $0 in the filing. No amendment date was indicated, and the filing was made by one reporting person.

What Was Disclosed

The filing reported the exercise of 5,000 stock options at $15.51 and the same-day sale of 5,000 shares at $21.01 by Richardson Electronics CFO Robert J. Ben on October 28, 2026, leaving him with 60,534 shares and 4,000 remaining options.