Director at REX American (NYSE: REX) granted new stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REX American Resources Corp director Alphonso Mervyn L reported equity compensation in the form of restricted common stock. On June 15, 2026, he acquired 2,327 shares and 2,096 shares of common stock at a stated price of $0.00 per share, reflecting stock awards rather than market purchases.
According to the footnotes, one restricted stock grant vests in one-third increments with the first third vesting immediately and the remaining portions on the first two anniversaries of the grant. The other grant vests in one-third increments on each of the first three anniversaries of the grant, tying compensation to multi‑year service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Alphonso Mervyn L
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 — 17,212 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 7,558 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 award 1: 2,327 shares
Restricted stock award 2: 2,096 shares
Award price per share: $0.00 per share
+3 more
6 metrics
Restricted stock award 1
2,327 shares
Common stock grant on June 15, 2026
Restricted stock award 2
2,096 shares
Common stock grant on June 15, 2026
Award price per share
$0.00 per share
Both restricted stock grants
Shares held after first grant
19,539 shares
Direct holdings after 2,327-share award
Shares held after second grant
17,212 shares
Direct holdings after 2,096-share award
Shares from 2025 stock split
7,558 shares
2-for-1 split impact on Sept. 15, 2025
Key Terms
Restricted Stock, vesting, stock split
3 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.
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.
FAQ
What insider transaction did REX (REX) report for Alphonso Mervyn L?
REX American Resources reported that director Alphonso Mervyn L received two restricted stock awards of common stock on June 15, 2026. These are equity compensation grants, not open‑market purchases, and increase his direct holdings in the company’s common shares.
What are the vesting terms of the new REX (REX) restricted stock awards?
One restricted stock grant vests in one‑third increments, with the first third vesting immediately and the remaining two thirds on the first two anniversaries. The other grant vests in one‑third increments on each of the first three anniversaries of the grant, encouraging multi‑year retention.
Did the REX (REX) Form 4 involve any stock sales by Alphonso Mervyn L?
No stock sales were reported for this period; both transactions are coded as awards. The filing classifies them as grant, award, or other acquisition transactions, meaning they are additional shares granted to the director rather than dispositions or open‑market sales.
What prior stock split information about REX (REX) appears in the footnotes?
A footnote notes that on September 8, 2025, REX American Resources completed a 2‑for‑1 stock split. As a result, the reporting person acquired 7,558 additional common shares on September 15, 2025, reflecting the split’s impact on his holdings at that time.