REX American Resources Form 4/A corrects 1,048-share grant
REX American Resources director corrects previously reported stock grant.
Rhea-AI Filing Summary
REX American Resources director corrects previously reported stock grant. An amended Form 4 reports that a prior filing mistakenly showed a grant of 1,048 shares of restricted stock on June 16, 2025, under the REX American Resources 2015 Incentive Plan. It was later determined that no restricted stock was actually issued because the plan had expired 15 days before the reported grant date. As of June 16, 2025, the reporting person beneficially owned 7,558 shares of REX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alphonso Mervyn L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common stock, $.01 par value — 7,558 shares (Direct)
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 1,048 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 7,558 shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the REX (REX) Form 4/A filing report?
The Form 4/A reports that a previously reported grant of 1,048 restricted shares to a REX American Resources director did not actually occur because the incentive plan had expired.
What error is being corrected in this REX (REX) Form 4/A?
The amendment corrects an earlier filing that mistakenly reported receipt of 1,048 shares of restricted stock under the 2015 Incentive Plan, which had already expired.
What is the relationship of the reporting person to REX American Resources (REX)?
The reporting person is a director of REX American Resources Corp, as indicated in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.