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AMREP Corporation 8-K Filings

AXR NYSE

Every 8-K that AMREP Corporation (AXR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow AXR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AXR filings page.

Rhea-AI Summary

AMREP Corporation (AXR) reported a sharp year-over-year decline in results for the fiscal first quarter ended July 31, 2026, while also receiving shareholder approval for a new long-term equity plan. Net income was $276,000, or $0.05 per diluted share, compared with $4,692,000, or $0.87 per diluted share, a year earlier. Revenues fell to $6,051,000 from $17,851,000.

Shareholders at the September 10, 2026 annual meeting approved the 2026 Equity Compensation Plan, which authorizes awards covering up to 500,000 shares of common stock, alongside advisory approval of named executive officer compensation and ratification of the independent auditor. Two Class III directors, Timothy S. McNaney and Albert V. Russo, were elected to terms ending at the 2029 annual meeting.

Rhea-AI Summary

AMREP Corporation reported fiscal 2026 results for the year ended April 30, 2026. Net income was $10,288,000, or $1.91 per diluted share, compared with $12,716,000, or $2.37 per diluted share, in fiscal 2025. Income per share – basic was $1.93 in 2026 and $2.39 in 2025. Revenues increased to $52,847,000 from $49,694,000.

The company states that revenues, average selling prices and gross margins from land and home sales can vary significantly from period to period because of the nature and timing of specific transactions and the type and location of properties sold, so prior results may not indicate future performance. More detailed financial information for 2026 and 2025 is available in AMREP’s financial statements on Form 10-K filed with the SEC and on its website. Through its subsidiaries, AMREP is described as a major holder of land, leading real estate developer and award-winning homebuilder in New Mexico.

Rhea-AI Summary

AMREP Corporation adjusted executive compensation for its top officers. On July 13, 2026, the company awarded Christopher V. Vitale, President and CEO, a $178,000 cash bonus and 8,700 restricted shares of common stock under the AMREP Corporation 2016 Equity Compensation Plan, vesting in three equal installments of 2,900 shares on July 13 of 2027, 2028 and 2029, subject to his continued employment on each vesting date.

Adrienne M. Uleau, Chief Financial Officer and Vice President, received a $64,000 cash bonus and 2,250 restricted shares, vesting in three equal tranches of 750 shares on July 13 of 2027, 2028 and 2029, also contingent on continued employment. The company also approved base salary increases effective July 27, 2026, setting Mr. Vitale’s salary at $395,000 and Ms. Uleau’s salary at $205,000.

Rhea-AI Summary

AMREP Corporation reported sharply higher results for its fiscal third quarter ended January 31, 2026. Net income for the quarter rose to $3,147,000, or $0.58 per diluted share, compared to $717,000, or $0.13 per diluted share, a year earlier.

Third quarter revenues increased to $14,573,000 from $7,520,000, reflecting strong growth in its real estate and homebuilding operations. For the first nine months of 2026, net income was $9,039,000, or $1.68 per diluted share, compared with $8,823,000, or $1.64 per diluted share, on revenues of $41,823,000 versus $38,516,000 in 2025.

Rhea-AI Summary

AMREP Corporation reported governance changes and a new board member. The board appointed Timothy S. McNaney, effective January 27, 2026, as a Class III director, expanding the board from four to five members and amending its bylaws to reflect the new size. The company also ended its policy that each non-employee director is expected to hold at least 30,000 shares of AMREP common stock.

McNaney, age 56, co-founded Twilight Homes of New Mexico, LLC and served as its co-President from 2003 until his retirement in July 2025. His background in homebuilding, land development, and New Mexico real estate underpins the board’s view of his qualifications. He is not currently expected to serve on any board committees.

Rhea-AI Summary

AMREP Corporation filed a current report to let investors know it has released updated financial information. On December 12, 2025, the company issued a press release reporting its results of operations for the three and six month periods ended October 31, 2025.

The press release is furnished as Exhibit 99.1 to this report and is incorporated by reference. AMREP notes that this information is being furnished rather than filed under securities laws. The report is signed on behalf of the company by Adrienne M. Uleau, its Chief Financial Officer and Vice President.

Rhea-AI Summary

AMREP Corporation reported the results of its 2025 annual shareholder meeting. Shareholders representing 4,590,015 shares of common stock out of 5,305,949 shares outstanding and entitled to vote were present in person or by proxy.

Shareholders elected Robert E. Robotti as a Class II director to serve until the 2028 annual meeting, with 2,990,325 votes for, 283,517 withheld, and 1,316,173 broker non-votes. They also approved, on an advisory basis, the compensation of the company’s named executive officers, with 3,118,485 votes for, 153,688 against, 1,669 abstentions, and 1,316,173 broker non-votes.

Shareholders ratified the appointment of Rosenberg Rich Baker Berman, P.A. as independent registered public accounting firm for the year ended April 30, 2026, with 4,522,408 votes for, 50,991 against, and 16,616 abstentions. In addition, in an advisory vote on the frequency of future say-on-pay votes, holders favored a one-year schedule, and the board decided to hold the advisory vote on executive compensation every year.

Rhea-AI Summary

AMREP Corporation furnished an update on its financial performance by submitting a press release that reports results of operations for the three-month period ended July 31, 2025. The press release, dated September 9, 2025, is attached as Exhibit 99.1 and incorporated by reference for detailed quarterly results.

Rhea-AI Summary

AMREP Corporation disclosed two contract exhibits showing changes to its borrowing arrangements for a subsidiary. The filing attaches a Seventh Modification Agreement and a Second Amended and Restated Revolving Line of Credit Promissory Note, each dated August 15, 2025, between BOKF, NA dba Bank of Albuquerque and AMREP Southwest Inc.. No financial terms, credit amounts, covenants, or repayment schedules are disclosed in the provided text. The items indicate an update to the revolving credit documentation for the subsidiary but contain no numerical performance metrics or balance-sheet figures.