AMREP (AXR) director Timothy McNaney files Form 3 showing zero share ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
AMREP Corporation director reports no share ownership. Timothy S. McNaney, a director of AMREP Corp. (AXR), filed an initial insider ownership report as of 01/27/2026 stating that he beneficially owns no AMREP securities, either directly or indirectly.
Positive
- None.
Negative
- None.
FAQ
What does the AMREP (AXR) Form 3 filing by Timothy S. McNaney show?
The filing shows that director Timothy S. McNaney reported beneficial ownership of no AMREP securities as of 01/27/2026. This initial statement establishes his starting insider ownership position as zero.
What is Timothy S. McNaney’s role at AMREP (AXR)?
Timothy S. McNaney is identified as a director of AMREP Corp.. The Form 3 confirms his board role while also stating that he currently has no beneficial ownership of the company’s securities.
Were any transactions reported in the AMREP (AXR) Form 3?
No transactions were reported. The Form 3 lists no non-derivative or derivative securities beneficially owned and includes a remark explicitly stating that no securities are beneficially owned by the reporting person.
Who signed the AMREP (AXR) Form 3 for Timothy S. McNaney?
The Form 3 was signed by Christopher V. Vitale as attorney-in-fact for Timothy S. McNaney. The exhibit list includes a Power of Attorney authorizing this signature on McNaney’s behalf.
What is the significance of reporting no beneficial ownership on a Form 3 for AXR?
Reporting no beneficial ownership indicates the director held no AMREP securities when becoming subject to reporting. It provides a clear baseline for any future insider ownership or transactions that may later appear on Forms 4 or 5.