REX American Resources director corrects Form 4 stock grant error
REX American Resources Corp director corrects prior stock grant report.
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Rhea-AI Filing Summary
REX American Resources Corp director corrects prior stock grant report. A Form 4 amendment clarifies that a previously reported grant of 1,572 shares of restricted stock to director David Harris under the REX American Resources 2015 Incentive Plan did not occur. The plan had expired in accordance with its terms 15 days before the reported grant date, so no restricted stock was actually issued. As of June 16, 2025, Harris beneficially owned 20,773 shares of REX common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common stock, $.01 par value | -- | -- | -- |
Footnotes (1)
- F1. On June 17, 2025, the reporting person mistakenly filed a Form 4 reporting receipt on June 16, 2025, of a grant of 1,572 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 20,773 shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did REX (REX) disclose in this amended Form 4?
Why was the original Form 4 for REX American Resources amended?
Does this REX (REX) filing report any new stock grants or transactions?
What is the role of the reporting person in REX American Resources?
Who signed this amended Form 4 for REX American Resources?
AI-generated analysis. How Rhea-AI works. Not financial advice.