REX director corrects 1,048-share grant; holds 56,338 shares

REX AMERICAN RESOURCES Corp director Charles Elcan filed an amended ownership report to correct a prior mistake about a stock grant.

Rhea-AI Filing Summary

REX AMERICAN RESOURCES Corp director Charles Elcan filed an amended ownership report to correct a prior mistake about a stock grant. A report filed on June 17, 2025 had indicated receipt on June 16, 2025 of a grant of 1,048 shares of restricted stock under the company’s 2015 Incentive Plan. It was later determined that the plan had expired 15 days before that date, so no restricted stock was actually issued.

As of June 16, 2025, the filing states that the reporting person beneficially owned 56,338 shares of REX common stock, held directly. This amendment removes the previously reported but never issued restricted stock grant and clarifies the director’s true shareholdings.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ELCAN CHARLES A

Role Director

Type	Security	Shares	Price	Value
holding	Common stock, $.01 par value	--	--	--

Holdings After Transaction: Common stock, $.01 par value — 56,338 shares (Direct)

Footnotes (1)

1. F1. On June 17, 2025, the reporting person mistakenly filed a Form 4 reporting receipt on June 16, 2025, of a grant of 1,048 shares of Restricted Stock under the REX American Resources 2015 Incentive Plan. It was subsequently determined that no Restricted Stock was actually issued because the plan had expired in accordance with its terms 15 days prior to the grant. As of June 16, 2025, the reporting person owned only 56,338 shares of common stock.

FAQ

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What did the amended Form 4/A for REX (REX) correct?

The amended filing corrects a prior report that had shown a grant of 1,048 shares of restricted stock to director Charles Elcan on June 16, 2025. The filing now states that no restricted stock was actually issued because the plan under which it was to be granted had already expired.

How many REX shares does the reporting person own after this correction?

The filing states that as of June 16, 2025, the reporting person beneficially owned 56,338 shares of REX AMERICAN RESOURCES Corp common stock, held directly.

Why was the 1,048-share restricted stock grant for REX cancelled?

The filing explains that the 1,048-share restricted stock grant under the REX American Resources 2015 Incentive Plan could not be issued because the plan had expired in accordance with its terms 15 days before the reported grant date.

Who is the reporting person in this REX Form 4/A filing?

The reporting person is a director of REX AMERICAN RESOURCES Corp, identified as Charles Elcan, with the form signed by Edward M. Kress as Attorney-in-Fact.

Does this REX Form 4/A show any new stock transactions?

No new acquisitions or disposals of securities are reported. Instead, the amendment clarifies that a previously reported 1,048-share restricted stock grant never occurred and confirms the director’s existing ownership of 56,338 common shares.

What type of securities are reported in this REX ownership filing?

The filing reports ownership of REX AMERICAN RESOURCES Corp common stock, $.01 par value, with 56,338 shares shown as beneficially owned directly as of June 16, 2025.

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Accepted by SEC EDGAR 11/21/2025 - 11:54 AM 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).

1. Name and Address of Reporting Person^*

ELCAN CHARLES A

(Last) (First) (Middle)

7720 PARAGON ROAD

(Street)

DAYTON OH 45459

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
REX AMERICAN RESOURCES Corp [ REX ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
06/17/2025

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

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

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 stock, $.01 par value(1)								56,338	D

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

Explanation of Responses:

1. On June 17, 2025, the reporting person mistakenly filed a Form 4 reporting receipt on June 16, 2025, of a grant of 1,048 shares of Restricted Stock under the REX American Resources 2015 Incentive Plan. It was subsequently determined that no Restricted Stock was actually issued because the plan had expired in accordance with its terms 15 days prior to the grant. As of June 16, 2025, the reporting person owned only 56,338 shares of common stock.

	Edward M. Kress, Attorney in Fact for Charles Elcan	11/21/2025
	** 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.