REX American Resources (REX) director receives new restricted stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MacMillan Anne reported acquisition or exercise transactions in this Form 4 filing.
REX American Resources Corp director Anne MacMillan reported receiving two restricted stock awards of common stock on June 15, 2026. One award covered 2,327 shares at $0.00 per share, and a second award covered 2,096 shares at $0.00 per share.
Footnotes state that one 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. MacMillan’s direct holdings after the respective awards are reported as 18,867 shares and 16,540 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MacMillan Anne
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 — 16,540 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 7,222 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
Price per share for awards: $0.00 per share
+3 more
6 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
Price per share for awards
$0.00 per share
Both restricted stock grants
Holdings after grant 1
18,867 shares
Direct ownership after 2,327-share award
Holdings after grant 2
16,540 shares
Direct ownership after 2,096-share award
Stock split impact
7,222 shares
Additional shares from 2-for-1 split on September 15, 2025
Key Terms
Restricted Stock, 2 for 1, vesting, Grant, award, or other acquisition
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.
2 for 1 financial
"the common shares of REX American Resources Corporation split 2 for 1"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did REX (REX) director Anne MacMillan report?
Anne MacMillan reported receiving two restricted stock awards of REX common stock. One grant covered 2,327 shares, and another covered 2,096 shares, both at zero cost, as part of her director compensation.
Were Anne MacMillan’s REX (REX) stock awards open-market purchases?
No, the awards were not open-market purchases. They are coded as “A” grants, meaning stock awards granted as compensation at no purchase price, rather than shares bought in the open market.
What are the vesting terms of Anne MacMillan’s REX (REX) restricted stock?
One restricted stock grant vests one-third immediately and the remaining two-thirds on the first two anniversaries of the grant. The other vests in one-third increments on each of the first three anniversaries of the grant date.
Does the REX (REX) Form 4 mention a stock split affecting Anne MacMillan?
Yes. A footnote states that on September 8, 2025, REX common shares split 2-for-1, resulting in MacMillan’s acquisition of 7,222 additional common shares on September 15, 2025, reflecting the split’s effect on her holdings.