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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common stock, $.01 par value | 4,964 | $0.00 | -- |
| Grant/Award | Common stock, $.01 par value | 102,482 | $0.00 | -- |
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 102,482 additional common shares on September 15, 2025. Mr. Kress gifted 4,964 shares, allocated between his five grandchildren.
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.
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.