AMREP insider buys 4,000 shares in open market
AMREP CORP. ten-percent owner James H. Dahl reported open-market purchases of a total of 4,000 common shares, with 3,000 shares bought at about $25.672 per share and 1,000 shares at about $27.630 per share.
Rhea-AI Filing Summary
AMREP CORP. ten-percent owner James H. Dahl reported open-market purchases of a total of 4,000 common shares, with 3,000 shares bought at about $25.672 per share and 1,000 shares at about $27.630 per share.
After these trades, Dahl directly holds 497,133 common shares, in addition to 229,151 shares held in two IRA accounts. Separate entries show 173,750 shares held by Dahl Family Foundation, Inc., in which Dahl and his family have no pecuniary interest, and 94,120 shares held by Rainey E. Lancaster, who is part of a Section 13(d) group with Dahl.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares
Net Buy
5 txns
Insider
DAHL JAMES H, Lancaster Rainey E.
Role
10% Owner | 10% Owner
Bought
4,000 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 3,000 | $25.672 | $77K |
| Purchase | Common Shares | 1,000 | $27.63 | $28K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 670,883 shares (Direct);
Common Shares — 229,151 shares (Indirect, IRA Accounts);
Common Shares — 94,120 shares (Indirect, Trust)
Footnotes (6)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.52 to $25.84 per share.
- F2. The shares are held by James H. Dahl.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.10 to $27.74 per share.
- F4. 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.
- F5. 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.
- F6. 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
Open-market purchase 1: 3,000 shares at $25.672 each
Open-market purchase 2: 1,000 shares at $27.630 each
Total shares bought: 4,000 common shares
+4 more
7 metrics
Open-market purchase 1
3,000 shares at $25.672 each
Common shares bought by James H. Dahl on 2026-05-29
Open-market purchase 2
1,000 shares at $27.630 each
Common shares bought by James H. Dahl on 2026-05-29
Total shares bought
4,000 common shares
Net open-market purchases reported in this Form 4
Direct holdings after trades
497,133 common shares
Direct ownership by James H. Dahl following reported purchases
IRA account holdings
229,151 common shares
Indirect holdings in Roth Conversion and IRA Accounts
Foundation holdings
173,750 common shares
Shares held by Dahl Family Foundation, Inc.
Lancaster holdings
94,120 common shares
Shares held by Rainey E. Lancaster, part of Section 13(d) group
Key Terms
open-market purchase, weighted average price, IRA accounts, pecuniary interest, +1 more
5 terms
open-market purchase financial
"reported open-market purchases of a total of 4,000 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 in Column 4 is a weighted average price."
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
"The shares are held in two IRA accounts as follows"
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.
pecuniary interest financial
"neither James H. Dahl nor any member of his family have any pecuniary interest"
Section 13(d) regulatory
"a member of a group with James H. 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
What insider activity did AMREP CORP. (AXR) report in this Form 4?
AMREP CORP. reported that major shareholder James H. Dahl bought 4,000 common shares in open-market transactions. The filing also updates his direct and indirect holdings, plus related positions held by a family foundation and by investor Rainey E. Lancaster.
What are James H. Dahl’s direct AMREP CORP. (AXR) holdings after these trades?
Following the reported purchases, James H. Dahl directly owns 497,133 AMREP CORP. common shares. The Form 4 also shows additional indirect holdings through IRA accounts and clarifies separate holdings by a family foundation and by Rainey E. Lancaster.
What does the weighted average price disclosure mean in the AMREP CORP. (AXR) Form 4?
The weighted average price shows a single average for many small trades executed that day. Footnotes explain that Dahl’s 3,000-share and 1,000-share purchases occurred in multiple transactions within stated price ranges, producing the reported weighted average prices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
