A cluster of 6 insiders at Richardson Electronics (RELL) sold a total of $1.61M in open-market shares over a one-week period, including the CFO and an EVP. The selling is concentrated and material relative to the $311M market cap (~0.5%), but is partially offset by derivative exercises at low strike prices, suggesting a mix of portfolio rebalancing and potential tax planning. The historical calibration shows strong positive returns on prior neutral calls for this ticker, but the concentrated insider selling warrants caution.
Price Chart
Executive Summary
A cluster of 6 insiders at Richardson Electronics (RELL) sold a total of $1.61M in open-market shares over a one-week period, including the CFO and an EVP. The selling is concentrated and material relative to the $311M market cap (~0.5%), but is partially offset by derivative exercises at low strike prices, suggesting a mix of portfolio rebalancing and potential tax planning. The historical calibration shows strong positive returns on prior neutral calls for this ticker, but the concentrated insider selling warrants caution.
Key Financial Metrics
Key Facts
- 6 insiders sold a total of $1.61M in open-market shares from July 28 to August 3, 2026.
- CFO Robert J. Ben sold $150K, EVP Jens Frank Ruppert sold $713K, and Director Robert H. Kluge sold $519K.
- Total open-market sales represent approximately 0.5% of RELL's $311M market cap.
- Several directors also exercised stock options at low strike prices, partially offsetting the cash sales.
- No recent earnings report or material corporate event was filed to explain the concentrated selling.
Financial Impact
Open-market sales of $1.61M represent ~0.5% of market cap, a notable but not overwhelming amount.
Risk Factors
- Insider selling may indicate management's lack of confidence in near-term prospects.
- No positive catalyst identified to offset the selling pressure.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RELL-1785957926563 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | DEFA14A | $17.21 $16.59 | ▼ −3.60% | ▼ −3.08% | $18.99 (+10.34%) |
Aug 6, 2026 8w ago | Insider Cluster | $20.74 $16.98 | ▲ +18.13% | ▲ +18.73% | $18.99 (+8.44%) |
Aug 6, 2026 8w ago | Insider Cluster | $20.74 $16.98 | ▲ +18.13% | ▲ +18.73% | $18.99 (+8.44%) |
Aug 5, 2026 8w ago | Insider Cluster | $20.98 $16.99 | ▲ +19.02% | ▲ +18.42% | $18.99 (+9.49%) |
Aug 3, 2026 8w ago | Insider Cluster | $19.65 $17.32 | ▲ +11.86% | ▲ +13.10% | $18.99 (+3.36%) |
Jul 31, 2026 9w ago | Insider Cluster | $18.29 $17.71 | ▲ +3.17% | ▲ +6.16% | $18.99 (−3.83%) |
Jul 30, 2026 9w ago | Insider Cluster | $18.13 $17.99 | ▲ +0.77% | ▲ +4.74% | $18.99 (−4.74%) |
Jul 30, 2026 9w ago | Insider Cluster | $18.13 $17.99 | ▼ −0.77% | ▼ −4.74% | $18.99 (+4.74%) |
Jul 22, 2026 10w ago | Press Release | $21.82 $17.51 | ▼ −19.75% | ▼ −23.06% | $18.99 (−12.97%) |
Jul 15, 2026 11w ago | Press Release | $16.70 $20.41 | ▲ +22.22% | ▲ +18.60% | $18.99 (+13.71%) |
US Market Status
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