REX (NYSE: REX) CEO receives restricted stock grants and has shares withheld for taxes
Filing Impact
Filing Sentiment
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 Trade Summary
3 transactions reported
Mixed
3 txns
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)
- 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
Key Figures
Tax-withholding shares: 13,838 shares
Tax-withholding price: $42.97 per share
Restricted stock grant 1: 70,980 shares
+4 more
7 metrics
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
Key Terms
Restricted Stock, vesting, 2 for 1, tax withholding obligations
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.
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"
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 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.