REX director receives restricted stock awards

Bustos Cheryl Lea reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bustos Cheryl Lea reported acquisition or exercise transactions in this Form 4 filing.

REX AMERICAN RESOURCES director Cheryl Lea Bustos received stock-based compensation rather than buying shares on the market. On June 15, 2026, she was granted 2,327 shares and 2,096 shares of common stock at $0.00 per share, reflecting equity awards under the company’s plans. Footnotes describe these as restricted stock that vest in one-third increments over three years, with part vesting immediately. A prior 2-for-1 stock split on September 8, 2025 had earlier resulted in an additional 2,536 shares being credited.

Insider Trade Summary

Grant/Award: 4,423 shares

Grant/Award 2 txns

Insider Bustos Cheryl Lea

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 — 9,495 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 2,536 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

Restricted stock grant 1: 2,327 shares Restricted stock grant 2: 2,096 shares Grant price per share: $0.00 per share +2 more

5 metrics

Restricted stock grant 1 2,327 shares Common stock award on June 15, 2026

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

Grant price per share $0.00 per share Equity compensation, not open-market purchase

Stock split additional shares 2,536 shares 2-for-1 split effective September 2025

Acquisition transactions 2 awards Both coded A (grant/award acquisition)

Key Terms

Restricted Stock, stock split, grant/award acquisition, Form 4

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.

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 acquisition financial

"transaction_action": "grant/award acquisition""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did REX (REX) disclose for Cheryl Lea Bustos?

REX American Resources reported that director Cheryl Lea Bustos received two restricted stock awards on June 15, 2026. She acquired 2,327 and 2,096 shares of common stock at no cost as equity compensation, rather than through open-market purchases or sales.

Were Cheryl Lea Bustos’ REX (REX) stock awards open-market purchases?

No. The filing classifies both transactions as grants or awards, coded “A” for acquisition, with a price of $0.00 per share. This indicates equity compensation, not open-market buying, and therefore carries weaker signaling value than discretionary purchases or sales.

How many REX (REX) shares did Cheryl Lea Bustos receive in each grant?

On June 15, 2026, Cheryl Lea Bustos received two separate grants of common stock. One award covered 2,327 shares and the other covered 2,096 shares, both at a stated price of $0.00 per share as part of her director compensation.

How do the REX (REX) restricted stock awards to Cheryl Lea Bustos vest?

Footnotes explain that one restricted stock grant vests one-third immediately, with the remaining two-thirds vesting on the first two anniversaries. The other grant vests in one-third increments on each of the first three anniversaries of the grant date, aligning compensation with continued service.

What prior stock split does the REX (REX) Form 4 reference?

A footnote notes that on September 8, 2025, REX American Resources completed a 2-for-1 stock split. As a result of this split, Cheryl Lea Bustos received an additional 2,536 shares of common stock on September 15, 2025, adjusting her holdings proportionally.

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

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Accepted by SEC EDGAR 06/17/2026 - 10:39 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^*

Bustos Cheryl Lea

(Last) (First) (Middle)

43 SUGARCREEK TRAIL

(Street)

GALENA ILLINOIS 61036

(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	7,168(1)	D
Common stock, $.01 par value(3)	06/15/2026		A		2,327	A	$0	9,495	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 2,536 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 Cheryl Bustos	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)