REX American (NYSE: REX) chair receives stock awards and settles taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REX AMERICAN RESOURCES Corp executive chair Stuart A. Rose reported compensation-related stock activity in common shares. On June 15, 2026, he received two restricted stock awards of 28,508 and 23,064 shares that vest in one-third increments over three years. The company also withheld 19,211 shares at $42.97 per share to cover tax obligations upon vesting, a disposition that was not an open-market sale. After these entries, Rose reports 676,826 shares held directly and 2,328,324 shares held indirectly through a foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
ROSE STUART A
Role
Executive COB
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $.01 par value | 23,064 | $0.00 | -- |
| Grant/Award | Common stock, $.01 par value | 28,508 | $0.00 | -- |
| Tax Withholding | Common stock, $.01 par value | 19,211 | $42.97 | $825K |
| holding | Common stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common stock, $.01 par value — 648,318 shares (Direct, null);
Common stock, $.01 par value — 2,328,324 shares (Indirect, By Foundation)
Footnotes (1)
- 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. Restricted Stock vesting in one-third increments on each of the first three anniversaries of the grant. Represents shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock awards
Key Figures
Restricted stock award 1: 28,508 shares
Restricted stock award 2: 23,064 shares
Tax withholding shares: 19,211 shares at $42.97
+2 more
5 metrics
Restricted stock award 1
28,508 shares
Grant of common stock on June 15, 2026
Restricted stock award 2
23,064 shares
Grant of common stock on June 15, 2026
Tax withholding shares
19,211 shares at $42.97
Shares withheld to satisfy tax obligations on vesting
Direct holdings after transactions
676,826 shares
Common stock held directly by Stuart A. Rose
Indirect holdings via foundation
2,328,324 shares
Common stock held indirectly by a foundation
Key Terms
Restricted Stock, tax withholding obligations, Executive COB, indirect, +1 more
5 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.
tax withholding obligations financial
"Represents shares withheld by the issuer to satisfy tax withholding obligations upon vesting"
Executive COB financial
"officer_title": "Executive COB""
indirect financial
""ownership_type": "indirect""
Foundation financial
""nature_of_ownership": "By Foundation""
FAQ
What insider transactions did REX (REX) report for Stuart A. Rose?
REX disclosed that executive chair Stuart A. Rose received two restricted stock awards and had shares withheld for taxes. He was granted 28,508 and 23,064 common shares and 19,211 shares were withheld by the issuer to satisfy tax obligations upon vesting.
Were Stuart A. Rose’s REX (REX) transactions open-market buys or sells?
The reported REX transactions were not open-market trades. Rose received stock through restricted stock awards at no purchase price, and 19,211 shares were withheld by the issuer to cover tax liabilities related to vesting, rather than being sold on the open market.
How do the new REX (REX) restricted stock awards for Stuart A. Rose vest?
The REX restricted stock granted to Stuart A. Rose vests in one-third increments over three years. One award has one-third vesting immediately with remaining portions on the first two anniversaries, while another vests one-third on each of the first three anniversaries of the grant.
What does the tax withholding transaction mean in the REX (REX) Form 4?
The Form 4 shows 19,211 REX shares with an “F” code, representing shares withheld by the issuer at $42.97 per share. This reflects payment of tax withholding obligations upon vesting of restricted stock, not a discretionary sale by Stuart A. Rose in the market.