Insider Sale by Ruppert Jens Frank (EVP Canvys)
Trade Summary
1 week ago, Ruppert Jens Frank, serving as EVP Canvys at RICHARDSON ELECTRONICS, LTD. (RELL), sold 37,500 shares at $19.01 per share, for a total transaction value of $712,807.50. Following this transaction, Ruppert Jens Frank now holds 2,000 shares of RELL.
This sale represents a 94.94% decrease in Ruppert Jens Frank's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, July 28, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, July 30, 2026 at 12:00 PM ET, 2 days after the trade was made.
RICHARDSON ELECTRONICS, LTD. operates in the TECHNOLOGY sector, specifically within the ELECTRONIC COMPONENTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$19.01
Quantity
37,500
Total Value
$712,807.50
Shares Owned
2,000
Trade Date
7 days ago
SEC Filing Date
at 12:00 PM ET
Filed 2 days after trade
Discussion