STOCK TITAN

REX (REX) director Lee Fisher receives multi-year vesting stock grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
FISHER LEE

(Last)(First)(Middle)
2499 FAIRMOUNT BLVD.

(Street)
CLEVELAND HEIGHTS OHIO 44106

(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)06/15/2026A2,096A$016,288(1)D
Common stock, $.01 par value(3)06/15/2026A2,327A$018,615D
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 7,096 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 Lee Fisher06/17/2026
** 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 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.

How many REX (REX) shares did Lee Fisher acquire in these grants?

Fisher was granted 2,327 shares in one award and 2,096 shares in a second award of REX common stock. Both grants were reported at a per-share transaction price of zero, reflecting stock-based compensation rather than cash purchases.

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.

How many REX (REX) shares does Lee Fisher hold after these transactions?

After one award, Fisher’s reported direct holdings were 18,615 shares, and after the other, 16,288 shares. These figures appear on separate transaction lines in the report and represent direct ownership positions following each respective grant.

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.