AMREP (AXR) 10% owner James Dahl buys 3,075 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMREP CORP. major shareholder James H. Dahl reported an open-market purchase of 3,075 common shares of AXR. The shares were bought at a weighted average price of $25.5827 per share in multiple trades ranging from $25.13 to $26.00 per share.
Following this purchase, Dahl directly holds 501,708 common shares, and also has indirect holdings through IRA accounts totaling 229,151 shares. Additional shares are held by Dahl Family Foundation, Inc., in which neither Dahl nor his family has any pecuniary interest, and by Rainey E. Lancaster, who is part of a group with Dahl under Section 13(d).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,075 shares ($78,667)
Net Buy
4 txns
Insider
DAHL JAMES H, Lancaster Rainey E.
Role
null | null
Bought
3,075 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 3,075 | $25.5827 | $79K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 501,708 shares (Direct, null);
Common Shares — 229,151 shares (Indirect, IRA Accounts)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.13 to $26.00 per share. The shares are held by James H. Dahl. 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. 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. 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: 3,075 shares
Weighted average purchase price: $25.5827 per share
Price range of trades: $25.13–$26.00 per share
+2 more
5 metrics
Shares purchased
3,075 shares
Open-market purchase of AMREP common shares
Weighted average purchase price
$25.5827 per share
Open-market transactions range $25.13–$26.00
Price range of trades
$25.13–$26.00 per share
Multiple transactions on June 22, 2026
Direct holdings after transaction
501,708 shares
AMREP common shares held directly by James H. Dahl
IRA account holdings
229,151 shares
204,151 ROTH Conversion; 25,000 IRA Account
Key Terms
open-market purchase, weighted average price, IRA accounts, pecuniary interest, +1 more
5 terms
open-market purchase financial
"Purchase in open market or private transaction"
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
"member of a group with James H. Dahl for purposes of Section 13(d) of the Exchange Act"
FAQ
What insider transaction did AXR major holder James H. Dahl report?
James H. Dahl reported buying 3,075 AMREP (AXR) common shares in the open market. The weighted average purchase price was $25.5827 per share, with individual trades executed between $25.13 and $26.00 per share on June 22, 2026.
Who is Rainey E. Lancaster in relation to AMREP (AXR) and James H. Dahl?
Rainey E. Lancaster is identified as a ten percent owner of AMREP (AXR) and a member of a group with James H. Dahl for Section 13(d) purposes. The filing notes Lancaster’s group status, indicating coordinated ownership reporting alongside Dahl.