REX CFO amends Form 4, confirms 133,085 REX shares owned
REX American Resources Corp (REX) filed an amended Form 4 to correct a prior insider ownership report by its CFO, VP-Finance and Treasurer, Douglas L. Bruggeman.
Rhea-AI Filing Summary
REX American Resources Corp (REX) filed an amended Form 4 to correct a prior insider ownership report by its CFO, VP-Finance and Treasurer, Douglas L. Bruggeman. A Form 4 filed for a supposed June 16, 2025 grant of 10,379 shares of restricted stock under the REX American Resources 2015 Incentive Plan was made in error. The plan had expired 15 days before the reported grant date, so no restricted stock was actually issued. As of June 16, 2025, Bruggeman beneficially owned 133,085 shares of REX common stock directly.
Positive
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Negative
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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 10,379 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 133,085 shares of common stock.
FAQ
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What does the amended Form 4 for REX (REX American Resources Corp) report?
Who is the reporting person in this REX Form 4/A filing and what is their role?
Does this REX Form 4/A indicate any new stock grants or sales by the insider?
Why did REX’s CFO need to amend the original Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.