AMREP ten percent owner buys 8,000 shares
AMREP CORP. major shareholder James H. Dahl reported open-market purchases of a total of 8,000 common shares of AXR.
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Form Type
4
Rhea-AI Filing Summary
AMREP CORP. major shareholder James H. Dahl reported open-market purchases of a total of 8,000 common shares of AXR. He bought 5,000 shares on April 29, 2026 at a weighted average price of $27.7413 and 3,000 shares on May 1, 2026 at $27.85 per share, with each trade executed across multiple prices within disclosed ranges. Following these purchases, Dahl directly holds 486,977 common shares. The filing also lists 229,151 shares held in two IRA accounts, 94,120 shares held by Dahl Family Foundation, Inc., in which Dahl and his family have no pecuniary interest, and 173,750 shares held by Rainey E. Lancaster, who is reported as part of a group with Dahl for Section 13(d) purposes.
Insider Trade Summary
Net Buyer: 8,000 shares
Net Buy
5 txns
Insider
DAHL JAMES H, Lancaster Rainey E.
Role
10% Owner | 10% Owner
Bought
8,000 shs ($222K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 3,000 | $27.85 | $84K |
| Purchase | Common Shares | 5,000 | $27.7413 | $139K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 660,727 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 $27.505 to $27.90 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 $27.36 and $27.90 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
Shares purchased on April 29, 2026: 5,000 shares
Shares purchased on May 1, 2026: 3,000 shares
Direct holdings after May 1, 2026: 486,977 shares
+3 more
6 metrics
Shares purchased on April 29, 2026
5,000 shares
Open-market purchase at $27.7413 weighted average
Shares purchased on May 1, 2026
3,000 shares
Open-market purchase at $27.85 per share
Direct holdings after May 1, 2026
486,977 shares
Common shares held directly by James H. Dahl
IRA account holdings
229,151 shares
Common shares held in two IRA accounts
Foundation holdings
94,120 shares
Held by Dahl Family Foundation, Inc.; no pecuniary interest for Dahl or family
Group member holdings
173,750 shares
Shares held by Rainey E. Lancaster, group with Dahl under Section 13(d)
Key Terms
open-market purchase, IRA Accounts, pecuniary interest, Section 13(d), +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.
IRA Accounts financial
"The shares are held in two IRA accounts as follows: 204,151 shares..."
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 in shares..."
Section 13(d) regulatory
"Rainey E. Lancaster who is 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.
ten percent owner regulatory
"reporting persons are indicated as a ten percent owner of the issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions were reported for AMREP CORP. (AXR) on this Form 4?
The Form 4 reports that major shareholder James H. Dahl made two open-market purchases totaling 8,000 AXR common shares, with trades on April 29, 2026 and May 1, 2026 at weighted average prices around $27.7–$27.9.
What are James H. Dahl’s direct AMREP (AXR) holdings after these transactions?
After the reported purchases, James H. Dahl directly holds 486,977 AMREP common shares. This figure reflects his position immediately following the May 1, 2026 open-market purchase of 3,000 shares disclosed in the Form 4 filing.
Who is Rainey E. Lancaster in relation to AMREP (AXR) and this Form 4?
The Form 4 identifies Rainey E. Lancaster as a reporting person and a ten percent owner. A footnote explains Lancaster holds 173,750 AXR shares and is a member of a group with James H. Dahl for Section 13(d) purposes.
Were the AMREP (AXR) insider purchases executed in single or multiple trades?
Footnotes state the prices reported are weighted averages. The 5,000-share and 3,000-share purchases were each completed through multiple transactions at prices ranging from about $27.36–$27.90 per share on the respective trade dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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