Form 4: Richardson Electronics EVP Gregory Peloquin Exercises Options and Sells Shares
SEC Filing
Gregory Peloquin, EVP of PMT at Richardson Electronics, exercised stock options and sold shares on May 9, 2024.
Summary
- On May 9, 2024, Gregory J. Peloquin, EVP PMT of Richardson Electronics, exercised employee stock options to purchase 2,866 shares of common stock at a price of $9.99 per share.
- Peloquin then sold 2,866 shares of common stock at a weighted average price of $10.8697 per share, with prices ranging from $10.830 to $10.920.
- Following these transactions, Peloquin no longer directly owns any shares of Richardson Electronics common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects routine transactions by an executive.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 06/26/2014 | Original date the employee options were granted. |
| 05/09/2024 | Date of transaction: Exercise of options and sale of shares. |
| 06/26/2024 | Expiration date of the employee options. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.