REX American Resources corrects Form 4; plan-expired grant voided
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
REX American Resources Corp director corrects prior Form 4 filing. Director Lee Fisher filed an amended Form 4 to clarify that a previously reported equity grant did not occur. A prior report had shown a grant of 1,048 shares of restricted stock under the REX American Resources 2015 Incentive Plan on June 16, 2025.
The company later determined that no restricted stock was issued because the incentive plan had expired 15 days before the reported grant date under its own terms. As of June 16, 2025, the reporting person held 7,096 shares of REX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FISHER LEE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common stock, $.01 par value — 7,096 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What change is disclosed in the REX (REX) amended Form 4?
The amended Form 4 clarifies that a previously reported grant of 1,048 shares of restricted stock to director Lee Fisher under the REX American Resources 2015 Incentive Plan did not actually occur because the plan had already expired.
Who is the reporting person in this REX Form 4/A filing?
The reporting person is Lee Fisher, identified in the filing as a director of REX American Resources Corp.
What date does the REX Form 4/A treat as the earliest transaction date?
The earliest transaction date listed in the Form 4/A is June 16, 2025, which is the date originally associated with the mistaken restricted stock grant.
Does this REX Form 4/A report any derivative securities?
Table II of the Form 4/A, covering derivative securities, does not report any derivative positions acquired, disposed of, or beneficially owned in the excerpt provided.