REX American Resources director receives stock awards
REX American Resources Corp director Alphonso Mervyn L reported equity compensation in the form of restricted common stock.
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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.
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 (3)
- 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 7,558 additional shares of common stock on September 15, 2025.
- 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.
- F3. 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
stock split financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did REX (REX) report for Alphonso Mervyn L?
What are the vesting terms of the new REX (REX) restricted stock awards?
Did the REX (REX) Form 4 involve any stock sales by Alphonso Mervyn L?
What prior stock split information about REX (REX) appears in the footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.