REX American Resources (REX) insider Kress reports split shares and gift
Rhea-AI Filing Summary
REX American Resources Corp director and secretary Edward M. Kress reported changes in his ownership of the company’s common stock. On September 8, 2025, the company completed a 2-for-1 stock split, which resulted in Kress receiving an additional 102,482 common shares recorded as of September 15, 2025, with no cash changing hands. Following that split-related adjustment, he beneficially owned 204,964 common shares directly.
On December 31, 2025, Kress made a charitable-style personal transfer, gifting 4,964 common shares that were allocated among his five grandchildren, again at a reported price of $0 per share. After this gift, he directly held 200,000 common shares of REX American Resources Corp. The filing reflects these transactions as routine ownership updates rather than open-market purchases or sales.
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FAQ
What insider transaction did Edward M. Kress report for REX (REX)?
Edward M. Kress, a director and secretary of REX American Resources Corp, reported a gift of 4,964 common shares on December 31, 2025, and a prior increase of 102,482 shares due to a 2-for-1 stock split.
How did the 2-for-1 stock split affect Edward M. Kress’s REX share holdings?
A 2-for-1 stock split on September 8, 2025 resulted in Kress receiving 102,482 additional common shares, which were reflected as of September 15, 2025, increasing his beneficial ownership to 204,964 shares.
How many REX shares did Edward M. Kress gift and to whom?
On December 31, 2025, Kress gifted 4,964 common shares of REX American Resources Corp, which were allocated among his five grandchildren, as described in the filing’s explanation of responses.
How many REX shares does Edward M. Kress own after the reported transactions?
After the stock-split adjustment and the subsequent gift of 4,964 shares, Edward M. Kress beneficially owns 200,000 common shares of REX American Resources Corp in direct ownership.
Were the reported REX share transactions by Edward M. Kress open-market trades?
No. The filing shows the 102,482-share increase as a result of a 2-for-1 stock split and the 4,964-share decrease as a gift, both reported with a price of $0 per share, not as market purchases or sales.
What is Edward M. Kress’s role at REX American Resources Corp?
Edward M. Kress is identified as both a director and an officer (secretary) of REX American Resources Corp, and the Form 4 is filed as a single reporting person filing.