STOCK TITAN

Director David Harris awarded restricted REX (REX) shares as equity compensation

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

Rhea-AI Filing Summary

HARRIS DAVID reported acquisition or exercise transactions in this Form 4 filing.

REX AMERICAN RESOURCES Corp director David Harris reported equity compensation awards rather than market purchases. On June 15, 2026, he received two grants of common stock totaling 2,909 and 3,144 shares at no cash cost. These are described as Restricted Stock, vesting in one-third increments over three years, with a portion vesting immediately and the remainder on the first and second or first, second, and third anniversaries of the grant.

Positive

  • None.

Negative

  • None.
Insider HARRIS DAVID
Role null
Type Security Shares Price Value
Grant/Award Common stock, $.01 par value 3,144 $0.00 --
Grant/Award Common stock, $.01 par value 2,909 $0.00 --
Holdings After Transaction: Common stock, $.01 par value — 44,690 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 20,773 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.
Restricted stock grant 1 2,909 shares Common stock grant to David Harris on June 15, 2026
Restricted stock grant 2 3,144 shares Common stock grant to David Harris on June 15, 2026
Grant price per share $0.0000 per share Equity compensation, not an open-market purchase
Stock split adjustment 20,773 shares Additional shares from 2-for-1 split on September 15, 2025
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.
par value financial
"Common stock, $.01 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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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*
HARRIS DAVID

(Last)(First)(Middle)
7341 SE GOLFHOUSE DR

(Street)
HOBE SOUND FLORIDA 33455

(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
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)
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)06/15/2026A3,144A$044,690(1)D
Common stock, $.01 par value(3)06/15/2026A2,909A$047,599D
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 20,773 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 David Harris06/17/2026
** 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 transaction did REX (REX) director David Harris report?

David Harris reported receiving equity awards in REX common stock, not open-market trades. On June 15, 2026, he acquired restricted shares as compensation, which increase his stake in the company through stock that vests over time rather than cash salary.

How many REX (REX) shares were granted to David Harris in this filing?

The filing shows two separate stock grants to David Harris: one for 2,909 shares and another for 3,144 shares. Both relate to REX common stock and are structured as restricted stock awards that vest in stages over several years, aligning compensation with long-term performance.

Did David Harris pay anything for the REX (REX) shares he acquired?

No, the reported transaction price per share is listed as 0.0000, indicating he did not pay cash for these shares. They are compensation-related restricted stock awards, which are granted by the company subject to vesting conditions instead of being bought in the market.

How do the restricted stock awards for REX (REX) director David Harris vest?

One award vests in one-third increments, with the first third vesting immediately and the remaining portions on the first two anniversaries. The other award vests in one-third increments on each of the first three anniversaries of the grant, encouraging multi-year service and alignment.

Was this REX (REX) Form 4 a stock purchase or a compensation grant?

This Form 4 reflects compensation grants, not stock purchases. The transactions use code “A” for grant or award acquisitions, with a zero purchase price. They represent restricted stock awards granted by REX American Resources Corp to director David Harris under the company’s compensation arrangements.

What does the prior REX (REX) stock split footnote say about David Harris’s holdings?

A footnote states that a 2-for-1 stock split on September 8, 2025 resulted in David Harris acquiring 20,773 additional common shares on September 15, 2025. This reflects an adjustment from the split, separate from the June 2026 restricted stock grants reported here.