Director Cheryl Lea Bustos receives REX (REX) restricted stock awards
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bustos Cheryl Lea
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $.01 par value | 2,096 | $0.00 | -- |
| Grant/Award | Common stock, $.01 par value | 2,327 | $0.00 | -- |
Holdings After Transaction:
Common stock, $.01 par value — 7,168 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 2,536 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.
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
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 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.