AMREP insider buys 3,200 shares in open market

AMREP CORP. insider buying activity: Ten percent owner James H. Dahl purchased 3,200 common shares of AMREP CORP. in an open-market transaction on March 2, 2026 at a weighted average price of $25.6939 per share.

Rhea-AI Filing Summary

AMREP CORP. insider buying activity: Ten percent owner James H. Dahl purchased 3,200 common shares of AMREP CORP. in an open-market transaction on March 2, 2026 at a weighted average price of $25.6939 per share. Following this purchase, he directly holds 470,398 common shares. The filing is an amendment that corrects a previously reported transaction date; an earlier Form 4 had incorrectly shown the date as March 3, 2026. The shares were bought in multiple trades at prices ranging from $25.50 to $26.42 per share.

Insider Trade Summary

Net Buyer: 3,200 shares

Net Buy 1 txn

Insider DAHL JAMES H, Lancaster Rainey E.

Role 10% Owner | 10% Owner

Bought 3,200 shs ($82K)

Type	Security	Shares	Price	Value
Purchase	Common Shares	3,200	$25.6939	$82K

Holdings After Transaction: Common Shares — 470,398 shares (Direct)

Footnotes (3)

1. F1. On March 4, 2026, the Reporting Person filed a Form 4 that inadvertently and incorrectly stated the transaction date as March 3, 2026. This amendment reports the correct transaction date, which is March 2, 2026.
2. F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.50 to $26.42 per share.
3. F3. The shares are held by James H. Dahl.

FAQ

What insider transaction did AMREP CORP. (AXR) report on this Form 4/A?

AMREP CORP. reported that ten percent owner James H. Dahl bought 3,200 common shares in an open-market purchase. The transaction occurred on March 2, 2026, and involved multiple trades at prices between $25.50 and $26.42 per share.

Why was this AMREP CORP. (AXR) Form 4 amended?

The Form 4 was amended to correct the transaction date. An earlier filing mistakenly reported the trade as occurring on March 3, 2026. This amendment clarifies that the correct transaction date is March 2, 2026, with all other transaction details remaining the same.

How many AMREP CORP. (AXR) shares does James H. Dahl own after this transaction?

After the reported purchase, James H. Dahl directly owns 470,398 common shares of AMREP CORP. This total includes the 3,200 shares acquired in the March 2, 2026 open-market transaction, as reflected in the amended Form 4/A filing.

What price did the AMREP CORP. (AXR) insider pay for the shares?

The insider purchase was made at a weighted average price of $25.6939 per share. According to the filing, the 3,200 shares were bought in multiple transactions, with individual trade prices ranging from $25.50 to $26.42 per share.

Who is the insider involved in this AMREP CORP. (AXR) Form 4/A filing?

The filing lists James H. Dahl as a reporting person and a ten percent owner of AMREP CORP. The footnotes state that the purchased shares are held by James H. Dahl directly, and the ownership is reported as direct on the form.

Was the AMREP CORP. (AXR) insider transaction a purchase or a sale?

The Form 4/A discloses an open-market purchase. Transaction code “P” and the description confirm that 3,200 AMREP CORP. common shares were bought, not sold, on March 2, 2026, with the transaction classified as a non-derivative acquisition.

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Accepted by SEC EDGAR 03/27/2026 - 04:21 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DAHL JAMES H

(Last) (First) (Middle)

4314 PABLO OAKS COURT

(Street)

JACKSONVILLE FLORIDA 32224

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMREP CORP. [ AXR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/04/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/02/2026(1)		P		3,200	A	$25.6939(2)	470,398	D(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

DAHL JAMES H

(Last) (First) (Middle)

4314 PABLO OAKS COURT

(Street)

JACKSONVILLE FLORIDA 32224

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Lancaster Rainey E.

(Last) (First) (Middle)

C/O JAMES H. DAHL

4314 PABLO OAKS COURT

(Street)

JACKSONVILLE FLORIDA 32224

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. On March 4, 2026, the Reporting Person filed a Form 4 that inadvertently and incorrectly stated the transaction date as March 3, 2026. This amendment reports the correct transaction date, which is March 2, 2026.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.50 to $26.42 per share.

3. The shares are held by James H. Dahl.

	/s/ Ivan A. Colao, Attorney-in-Fact for James H. Dahl	03/27/2026
	/s/ Ivan A. Colao, Attorney-in-Fact for Rainey E. Lancaster	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)