Kenneth Halverson, a director at Richardson Electronics, Ltd., has reported the sale of 1,000 shares of the company’s stock. This transaction, filed on November 2, 2026, is significant as it highlights the ongoing activity and management decisions within the company.

Background

Richardson Electronics, Ltd. is categorized under the wholesale electronic parts and equipment industry. The company is based in Lafox, Illinois, and operates under the Central Index Key (CIK) number 0000355948. Halverson has been actively involved with the company, as indicated by his recent filings.

What the Filing Says

The SEC filing indicates that Halverson sold 1,000 shares of common stock on October 29, 2026, at a price of $21.19 per share. Following this transaction, he retains ownership of 9,865 shares. The filing states, "transaction code S," indicating a sale of shares.

Impact

This sale may affect investor perceptions of Richardson Electronics as it reflects the actions of a director. Halverson's decision to sell shares could be interpreted in various ways by the market, potentially influencing investor confidence and the stock's performance.

What's Next

The filing does not say what happens next.

Transaction Details

The SEC filing specifies that the transaction occurred on October 29, 2026, where Halverson sold 1,000 shares of common stock at a price of $21.19 per share. This sale was executed under the transaction code 'S', indicating a sale of shares. Following this transaction, Halverson now holds a total of 9,865 shares of Richardson Electronics.

Director Status

Kenneth Halverson is officially recognized as a director of Richardson Electronics, as noted in the filing. His role as a director may influence how investors interpret his decision to sell shares, as directors are often seen as key decision-makers within a company.

Contact Information

The filing also provides Halverson's mailing address, which is listed as 40W267 Keslinger Road, P.O. Box 393, Lafox, IL 60147. This information may be relevant for shareholders who wish to reach out regarding corporate governance or other inquiries.

Legal Representation

The signature on the filing indicates that Robert J. Ben acted as attorney-in-fact for Kenneth Halverson, signing the document on November 2, 2026. This detail emphasizes the formal nature of the transaction and the legal oversight involved in such filings.

Additional Filing Information

The filing does not include any details regarding Halverson's future plans concerning his remaining shares or any potential implications of this sale on Richardson Electronics' strategic direction.