SEC Form SC 13G filed by Richardson Electronics Ltd.

1/31/24 11:50:48 AM ET

Electronic Components

Technology

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SC 13G 1 RELL13Ginitial01292024.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. __)* Richardson Electronics, Ltd. (Name of Issuer) Common (Title of Class of Securities) 763165107 (CUSIP Number) December 31, 2023 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] Rule 13d-1(c) [_] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (?Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G CUSIP No. 763165107 1 Names of Reporting Persons DDD Partners, LLC dba Tschetter Group 2 Check the appropriate box if a member of a Group (see instructions) (a)[ ] (b)[ ] 3 Sec Use Only 4 Citizenship or Place of Organization Washington, US Number of Shares Beneficially Owned by Each Reporting Person With: 5 Sole Voting Power 686,028 6 Shared Voting Power 0 7 Sole Dispositive Power 686,167 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each Reporting Person 686,167 10 Check box if the aggregate amount in row (9) excludes certain shares (See Instructions) [ ] 11 Percent of class represented by amount in row (9) 5.60% 12 Type of Reporting Person (See Instructions) IA Item 1. (a) Name of Issuer: Richardson Electronics, Ltd. (b) Address of Issuer's Principal Executive Offices: 40W267 Keslinger Road PO Box 393 LaFox, IL 60147-0393 Item 2. (a) Name of Person Filing: DDD Partners, LLC dba Tschetter Group (b) Address of Principal Business Office or, if None, Residence: 2155 112th Ave NE Bellevue, WA 98004 (c) Citizenship: USA (d) Title and Class of Securities: Common (e) CUSIP No.: 763165107 Item 3. If this statement is filed pursuant to ?? 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [_] Broker or dealer registered under Section 15 of the Act; (b) [_] Bank as defined in Section 3(a)(6) of the Act; (c) [_] Insurance company as defined in Section 3(a)(19) of the Act; (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940; (e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [_] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; (j) [_] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); (k) [_] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____ Item 4. Ownership (a) Amount Beneficially Owned: 686,167 (b) Percent of Class: 5.60% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 686,028 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 686,167 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6. Ownership of more than Five Percent on Behalf of Another Person. Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person. Item 8. Identification and classification of members of the group. Item 9. Notice of Dissolution of Group. Item 10. Certifications. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated:01/29/2024 Richard Lee, Chief Compliance Officer Name/Title The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

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Date

Price Target

Rating

Analyst

1/13/2025

Outperform → Market Perform

Northland Capital

4/29/2024

$13.00

Outperform

Northland Capital

SEC Form SC 13G filed by Richardson Electronics Ltd.

1/31/24 11:50:48 AM ET

$RELL

Electronic Components

Technology

Get the next $RELL alert in real time by email

Date

Price Target

Rating

Analyst

1/13/2025

Outperform → Market Perform

Northland Capital

4/29/2024

$13.00

Outperform

Northland Capital

SEC Form SC 13G filed by Richardson Electronics Ltd.

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$RELL

SEC Form SC 13G filed by Richardson Electronics Ltd.

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$RELL

$RELL
Insider Purchases

Director Benham James bought $6,825 worth of shares (500 units at $13.65), increasing direct ownership by 4% to 14,206 units (SEC Form 4)

Director Plante Paul J bought $50,961 worth of shares (3,823 units at $13.33), increasing direct ownership by 42% to 13,029 units (SEC Form 4)

Director Halverson Kenneth bought $26,039 worth of shares (2,000 units at $13.02), increasing direct ownership by 18% to 13,406 units (SEC Form 4)

$RELL
Analyst Ratings

Richardson Elec downgraded by Northland Capital

Northland Capital initiated coverage on Richardson Elec with a new price target

$RELL
Press Releases

Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

Richardson Electronics Announces Date of First Quarter Fiscal Year 2026 Conference Call

Richardson Electronics Appoints Daniel Albers to Drive Made-in-USA Contract Manufacturing Expansion

$RELL
Insider Trading

COO Diddell Wendy gifted 250 shares, decreasing direct ownership by 0.20% to 127,044 units (SEC Form 4)

CFO, CAO, Corporate Secretary Ben Robert J exercised 9,500 shares at a strike of $5.98 and sold $108,750 worth of shares (9,500 units at $11.45) (SEC Form 4)

Amendment: SEC Form 4 filed by COO Diddell Wendy

$RELL
SEC Filings

SEC Form 144 filed by Richardson Electronics Ltd.

SEC Form 10-Q filed by Richardson Electronics Ltd.

Richardson Electronics Ltd. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$RELL
Leadership Updates

Richardson Electronics Appoints Daniel Albers to Drive Made-in-USA Contract Manufacturing Expansion

Driving Growth: Richardson Electronics, Ltd. Joins Forces with KEBA Industrial Automation GmbH to Deliver Pitch Control Systems Across North America

Richardson Electronics Reports Second Quarter Fiscal 2021 Net Income and Declares Quarterly Cash Dividend

$RELL
Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Richardson Electronics Ltd.

SEC Form SC 13G/A filed by Richardson Electronics Ltd. (Amendment)

SEC Form SC 13G/A filed by Richardson Electronics Ltd. (Amendment)

$RELL
Financials

Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

Richardson Electronics Announces Date of First Quarter Fiscal Year 2026 Conference Call

Richardson Electronics Reports Fourth Quarter Results; Declares Quarterly Cash Dividend

SEC Form SC 13G filed by Richardson Electronics Ltd.

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for $RELL

SEC Form SC 13G filed by Richardson Electronics Ltd.

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for $RELL

$RELL Insider Purchases

Director Benham James bought $6,825 worth of shares (500 units at $13.65), increasing direct ownership by 4% to 14,206 units (SEC Form 4)

Director Plante Paul J bought $50,961 worth of shares (3,823 units at $13.33), increasing direct ownership by 42% to 13,029 units (SEC Form 4)

Director Halverson Kenneth bought $26,039 worth of shares (2,000 units at $13.02), increasing direct ownership by 18% to 13,406 units (SEC Form 4)

$RELL Analyst Ratings

Richardson Elec downgraded by Northland Capital

Northland Capital initiated coverage on Richardson Elec with a new price target

$RELL Press Releases

Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

Richardson Electronics Announces Date of First Quarter Fiscal Year 2026 Conference Call

Richardson Electronics Appoints Daniel Albers to Drive Made-in-USA Contract Manufacturing Expansion

$RELL Insider Trading

COO Diddell Wendy gifted 250 shares, decreasing direct ownership by 0.20% to 127,044 units (SEC Form 4)

CFO, CAO, Corporate Secretary Ben Robert J exercised 9,500 shares at a strike of $5.98 and sold $108,750 worth of shares (9,500 units at $11.45) (SEC Form 4)

Amendment: SEC Form 4 filed by COO Diddell Wendy

$RELL SEC Filings

SEC Form 144 filed by Richardson Electronics Ltd.

SEC Form 10-Q filed by Richardson Electronics Ltd.

Richardson Electronics Ltd. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$RELL Leadership Updates

Richardson Electronics Appoints Daniel Albers to Drive Made-in-USA Contract Manufacturing Expansion

Driving Growth: Richardson Electronics, Ltd. Joins Forces with KEBA Industrial Automation GmbH to Deliver Pitch Control Systems Across North America

Richardson Electronics Reports Second Quarter Fiscal 2021 Net Income and Declares Quarterly Cash Dividend

$RELL Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Richardson Electronics Ltd.

SEC Form SC 13G/A filed by Richardson Electronics Ltd. (Amendment)

SEC Form SC 13G/A filed by Richardson Electronics Ltd. (Amendment)

$RELL Financials

Richardson Electronics Reports First Quarter Results; Declares Quarterly Cash Dividend

Richardson Electronics Announces Date of First Quarter Fiscal Year 2026 Conference Call

Richardson Electronics Reports Fourth Quarter Results; Declares Quarterly Cash Dividend

Recent Analyst Ratings for
$RELL

Recent Analyst Ratings for
$RELL

$RELL
Insider Purchases

$RELL
Analyst Ratings

$RELL
Press Releases

$RELL
Insider Trading

$RELL
SEC Filings

$RELL
Leadership Updates

$RELL
Large Ownership Changes

$RELL
Financials