AMREP insider buys 1,156 shares in open market
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
AMREP CORP. 10% owner James H. Dahl reported an open-market purchase of 1,156 common shares at a weighted average price of $24.724 per share, with individual trades between $24.65 and $24.75. Following this transaction, he directly holds 488,133 common shares.
Separate holding entries show Dahl with 173,750 additional directly held shares and indirect ownership of 94,120 shares through a trust and 229,151 shares through IRA accounts. Co-reporting person Rainey E. Lancaster is identified as part of a Section 13(d) group with Dahl, but no specific buy or sell transaction is listed for Lancaster in this data.
Insider Trade Summary
Net Buyer: 1,156 shares
Net Buy
4 txns
Insider
DAHL JAMES H, Lancaster Rainey E.
Role
10% Owner | 10% Owner
Bought
1,156 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 1,156 | $24.724 | $29K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 661,883 shares (Direct);
Common Shares — 229,151 shares (Indirect, IRA Accounts);
Common Shares — 94,120 shares (Indirect, Trust)
Footnotes (5)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.65 to $24.75 per share.
- F2. The shares are held by James H. Dahl.
- F3. The shares are held in two IRA accounts as follows: 204,151 shares held by the ROTH Conversion Account and 25,000 shares held by the IRA Account.
- F4. The shares are held by Dahl Family Foundation, Inc. Neither James H. Dahl nor any member of his family have any pecuniary interest in shares held by Dahl Family Foundation, Inc.
- F5. The shares are held by Rainey E. Lancaster who is a member of a group with James H. Dahl for purposes of Section 13(d) of the Exchange Act.
Key Figures
Shares purchased: 1,156 shares
Weighted average purchase price: $24.724 per share
Price range of trades: $24.65–$24.75 per share
+4 more
7 metrics
Shares purchased
1,156 shares
Open-market purchase of AMREP CORP. common shares
Weighted average purchase price
$24.724 per share
Average of multiple trades between $24.65 and $24.75
Price range of trades
$24.65–$24.75 per share
Range disclosed in footnote for the purchased shares
Direct holdings after purchase
488,133 shares
AMREP CORP. common shares directly held by Dahl after transaction
Additional direct holding entry
173,750 shares
Common shares shown in a separate direct holding line
Indirect trust holdings
94,120 shares
Common shares held indirectly through a trust
Indirect IRA holdings
229,151 shares
Common shares held indirectly through IRA accounts
Key Terms
open-market purchase, weighted average price, IRA Accounts, ten percent owner, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported is a weighted average price for multiple trades"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
IRA Accounts financial
"Shares are held in two IRA accounts, including a ROTH Conversion Account"
An IRA account is a tax-advantaged personal savings account designed to help people invest for retirement; think of it as a special piggy bank that gives you tax breaks to encourage long-term saving. Different IRA types change when you pay taxes and when you can take money out, so they matter to investors because the choice affects your after-tax returns, portfolio decisions, and the timing of withdrawals during retirement.
ten percent owner financial
"Both reporting persons are identified as ten percent owners of AMREP CORP."
Section 13(d) regulatory
"Lancaster is a member of a group with Dahl for purposes of Section 13(d)"
A Section 13(d) filing is a public disclosure required under U.S. securities law when a person or group acquires more than 5% of a company’s registered equity and may influence control. The filer must report who owns the shares, how they were acquired, and any plans or intentions for the company, so the market and other shareholders can see if a large buyer is attempting a takeover or other strategic move. Think of it like a formal announcement that someone has crossed a threshold and is showing their hand.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AXR 10% owner James H. Dahl report?
James H. Dahl reported buying 1,156 AMREP CORP. (AXR) common shares in an open-market transaction. The weighted average purchase price was $24.724 per share, with individual trades executed between $24.65 and $24.75 per share.
What indirect AMREP (AXR) holdings are reported for James H. Dahl?
Indirect holdings for Dahl include 94,120 AMREP CORP. common shares held through a trust and 229,151 shares held in IRA accounts. A footnote further breaks down the IRA balance between a ROTH Conversion Account and a separate IRA Account.
Who is Rainey E. Lancaster in relation to AMREP (AXR) and this Form 4?
Rainey E. Lancaster is listed as a ten percent owner and member of a group with James H. Dahl under Section 13(d) of the Exchange Act. The provided data does not show a specific buy or sell transaction for Lancaster.
What does the weighted average price mean in this AMREP (AXR) insider trade?
The weighted average price of $24.724 reflects multiple AMREP CORP. share purchases combined into one figure. A footnote clarifies the individual trades were executed between $24.65 and $24.75 per share, averaged by share volume at each price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates