Insider Selling: Richardson Electronics (NASDAQ:RELL) CFO Sells 9,500 Shares of Stock
MarketBeat
Richardson Electronics, Ltd. (NASDAQ:RELL - Get Free Report) CFO Robert Ben sold 9,500 shares of the firm's stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $11.45, for a total value of $108,775.00. Following the completion of the sale, the chief financial officer directly owned 62,034 shares of the company's stock, valued at $710,289.30. This represents a 13.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
NASDAQ:RELL