STOCK TITAN

REX (NYSE: REX) CEO receives restricted stock grants and has shares withheld for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

REX American Resources CEO Zafar A. Rizvi reported compensation-related stock transactions. On the reported date, 13,838 shares of common stock were withheld at $42.97 per share to cover tax obligations upon vesting of restricted stock awards. He also received grants of 70,980 and 41,514 shares of restricted stock at no cost, which vest in one-third increments over three years according to the award terms. Following these transactions, his direct common stock holdings reported in individual rows range from 760,608 to 831,588 shares, reflecting routine equity compensation and associated tax withholding rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Rizvi Zafar A
Role CEO, President
Type Security Shares Price Value
Grant/Award Common stock, $.01 par value 41,514 $0.00 --
Grant/Award Common stock, $.01 par value 70,980 $0.00 --
Tax Withholding Common stock, $.01 par value 13,838 $42.97 $595K
Holdings After Transaction: Common stock, $.01 par value — 760,608 shares (Direct, null)
Footnotes (1)
  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 359,547 additional shares of common stock on September 15, 2025. 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
Tax-withholding shares 13,838 shares Shares withheld to satisfy tax obligations
Tax-withholding price $42.97 per share Value used for withheld shares
Restricted stock grant 1 70,980 shares Common stock grant at $0.00 per share
Restricted stock grant 2 41,514 shares Common stock grant at $0.00 per share
Shares after tax withholding row 817,750 shares Total direct holdings following that transaction
Shares after 70,980-share grant row 831,588 shares Total direct holdings following that transaction
Shares after 41,514-share grant row 760,608 shares Total direct holdings following that transaction
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.
vesting financial
"Restricted Stock vesting in one-third increments on each of the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
2 for 1 financial
"the common shares of REX American Resources Corporation split 2 for 1"
tax withholding obligations financial
"Represents shares withheld by the issuer to satisfy tax withholding obligations upon vesting"
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SEC Form 4
FORM 4UNITED 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*
Rizvi Zafar 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO, President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common stock, $.01 par value(2)06/15/2026A41,514A$0760,608(1)D
Common stock, $.01 par value(3)06/15/2026A70,980A$0831,588D
Common stock, $.01 par value06/15/2026F(4)13,838D$42.97817,750D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 359,547 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.
4. Represents shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock awards
Edward M. Kress, Attorney in Fact for Zafar Rizvi06/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did REX (REX) CEO Zafar A. Rizvi report?

Zafar A. Rizvi reported routine equity compensation activity. He received restricted stock grants of 70,980 and 41,514 shares and had 13,838 shares withheld to satisfy tax obligations upon vesting, with all holdings reported as direct ownership.

Were REX (REX) CEO Zafar A. Rizvi’s Form 4 transactions open-market buys or sells?

The Form 4 shows no open-market buys or sells. Activity consists of restricted stock grants at zero price and a tax-withholding disposition, where 13,838 shares were withheld by the issuer to cover tax obligations when restricted stock vested.

How many REX (REX) shares were granted to the CEO in this Form 4?

The CEO received two restricted stock grants totaling 112,494 shares, with individual grants of 70,980 and 41,514 shares. These awards vest in one-third installments over three years, according to the vesting footnotes disclosed in the filing.

What price was used for the REX (REX) tax-withholding shares on the Form 4?

For the tax-withholding disposition, 13,838 shares were valued at $42.97 per share. These shares were withheld by the issuer to satisfy tax obligations arising from the vesting of restricted stock, rather than sold on the open market.

How do the restricted stock awards for REX (REX) CEO vest over time?

The filing states the restricted stock vests in one-third increments. One grant vests with the first third immediately and the remaining two thirds on the first two anniversaries, while another vests one-third on each of the first three anniversaries.