REX director Kress granted restricted stock
KRESS EDWARD M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KRESS EDWARD M reported acquisition or exercise transactions in this Form 4 filing.
REX AMERICAN RESOURCES Corp director and secretary Edward M. Kress received two restricted stock awards of common stock. One grant covers 2,327 shares that vest in one-third increments, with the first third vesting immediately and the remaining two thirds on the first two anniversaries of the grant. A second grant of 2,096 shares vests in one-third increments on each of the first three anniversaries of the grant. These awards are stock-based compensation, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (2)
- F1. 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.
- F2. Restricted Stock vesting in one-third increments on each of the first three anniversaries of the grant.
Key Figures
Key Terms
Restricted Stock financial
vesting financial
Grant, award, or other acquisition regulatory
FAQ
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What insider transaction did REX (REX) report for Edward M. Kress?
Were Edward M. Kress’s REX (REX) restricted stock awards open-market purchases?
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