REX (REX) director Lee Fisher receives multi-year vesting stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FISHER LEE reported acquisition or exercise transactions in this Form 4 filing.
REX AMERICAN RESOURCES director Lee Fisher received stock-based compensation in the form of common shares. On June 15, 2026, Fisher was granted 2,327 shares and a separate grant of 2,096 shares of common stock at no cash cost, characterized as awards rather than open-market purchases. Following these grants, reported direct holdings in the two award lines were 18,615 shares and 16,288 shares, respectively. Footnotes indicate these awards are restricted stock that vest in one-third increments over three years, with a portion vesting immediately and the balance on future anniversaries of the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FISHER LEE
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 — 16,288 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 7,096 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
Holdings after grant line 1: 18,615 shares
+2 more
5 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
Holdings after grant line 1
18,615 shares
Direct ownership following first reported grant
Holdings after grant line 2
16,288 shares
Direct ownership following second reported grant
Stock split adjustment
7,096 shares
Additional shares from 2-for-1 split on Sept. 15, 2025
Key Terms
Restricted Stock, vesting, stock split, 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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did REX (REX) director Lee Fisher report in this Form 4?
Lee Fisher reported receiving two grants of REX common stock as compensation awards. These were classified as acquisitions under code A, meaning grant or award, rather than any open-market stock purchases or sales by the director.
What are the vesting terms of Lee Fisher’s restricted stock awards at REX (REX)?
The filing states that one restricted stock award vests one-third immediately and the remaining two-thirds on the first two anniversaries. A second award vests one-third on each of the first three anniversaries of the grant, creating a multi-year vesting schedule.
Were Lee Fisher’s REX (REX) transactions open-market buys or sells?
No, the transactions were not open-market trades. They are coded as A, indicating grants or awards of stock. The reported price per share is zero, consistent with stock-based compensation rather than purchases or sales on the open market.
Does the Form 4 mention any prior stock split affecting Lee Fisher’s REX holdings?
Yes. A footnote explains that a 2-for-1 stock split on September 8, 2025 resulted in Fisher’s acquisition of 7,096 additional REX common shares on September 15, 2025, adjusting his holdings due to the split rather than a new purchase.