REX director granted new restricted stock awards

REX American Resources director Charles A. Elcan reported receiving two stock awards.

Rhea-AI Filing Summary

REX American Resources director Charles A. Elcan reported receiving two stock awards. On June 15, 2026, he acquired 2,327 and 2,096 shares of common stock as grants at a stated price of $0.00 per share. Following these awards, one reported line shows he directly holds 117,099 common shares.

Footnotes explain that the awards are restricted stock. One grant vests in one-third increments, with the first third vesting immediately and the remaining two-thirds on the first two anniversaries. The other grant vests in one-third increments on each of the first three anniversaries of the grant.

Insider Trade Summary

Grant/Award: 4,423 shares

Grant/Award 2 txns

Insider ELCAN CHARLES A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common stock, $.01 par value	2,096	$0.00	$0.00
Grant/Award	Common stock, $.01 par value	2,327	$0.00	$0.00

Holdings After Transaction: Common stock, $.01 par value — 117,099 shares (Direct)

Footnotes (3)

1. F1. On September 8, 2025, the common shares of REX American Resources Corporation split 2 for 1, resulting in the reporting person's acquisition of 56,338 additional shares of common stock on September 15, 2025.
2. F2. Restricted Stock vesting in one-third increments with the first third vesting immediately and the remaining two years on the first two anniversaries of the grant.
3. F3. Restricted Stock vesting in one-third increments on each of the first three anniversaries of the grant.

Key Figures

First stock grant: 2,327 shares Second stock grant: 2,096 shares Grant price per share: $0.00 per share +3 more

6 metrics

First stock grant 2,327 shares Common stock award on June 15, 2026

Second stock grant 2,096 shares Common stock award on June 15, 2026

Grant price per share $0.00 per share Both common stock awards

Shares held after transaction 117,099 shares Direct holdings after one reported grant line

Prior split-related shares 56,338 shares Acquired from 2-for-1 split on Sept 15, 2025

Acquire transactions count 2 transactions Both coded as grant/award acquisitions

Key Terms

Restricted Stock, 2 for 1, stock split, Grant, award, or other acquisition

4 terms

Restricted Stock financial

"Restricted Stock vesting in one-third increments with the first third vesting immediately"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2 for 1 financial

"the common shares of REX American Resources Corporation split 2 for 1"

stock split financial

"the common shares of REX American Resources Corporation split 2 for 1"

A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did REX (REX) director Charles A. Elcan report?

Director Charles A. Elcan reported receiving two stock awards in REX common shares. On June 15, 2026, he acquired 2,327 and 2,096 shares as grants at a stated price of $0.00 per share, reflecting equity-based compensation rather than an open-market purchase.

How many REX (REX) shares does Charles A. Elcan hold after these awards?

After the reported awards, one transaction line shows Charles A. Elcan directly holding 117,099 REX common shares. This figure comes from the Form 4’s “shares following transaction” field and provides context for the scale of the new grants versus his existing stake.

What are the vesting terms of the new REX (REX) restricted stock grants?

The filing describes two vesting schedules. One restricted stock grant vests one-third immediately and the remaining two-thirds on the first two anniversaries. The other grant vests in one-third increments on each of the first three anniversaries of the grant, subject to standard conditions.

Were the recent REX (REX) insider transactions open-market buys or sales?

The reported transactions are not open-market buys or sales. They are coded as “A” transactions, meaning grants or awards of common stock at a stated price of $0.00 per share. No open-market purchase or sale prices appear in the disclosed data.

Does the REX (REX) Form 4 mention a stock split affecting Charles A. Elcan’s holdings?

A footnote references a prior 2-for-1 stock split of REX common shares on September 8, 2025. It notes that this split resulted in Elcan’s acquisition of 56,338 additional shares on September 15, 2025, providing historical context for his reported ownership level.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 11:12 AM EDT 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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ELCAN CHARLES A

(Last) (First) (Middle)

7720 PARAGON ROAD

(Street)

DAYTON OHIO 45459

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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

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

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

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(2)	06/15/2026		A		2,096	A	$0	114,772(1)	D
Common stock, $.01 par value(3)	06/15/2026		A		2,327	A	$0	117,099	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 September 8, 2025, the common shares of REX American Resources Corporation split 2 for 1, resulting in the reporting person's acquisition of 56,338 additional shares of common stock on September 15, 2025.

2. Restricted Stock vesting in one-third increments with the first third vesting immediately and the remaining two years on the first two anniversaries of the grant.

3. Restricted Stock vesting in one-third increments on each of the first three anniversaries of the grant.

	Edward M. Kress, Attorney in Fact for Charles Elcan	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)