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 | $0.00 |
| Grant/Award | Common stock, $.01 par value | 102,482 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Mr. Kress gifted 4,964 shares, allocated between his five grandchildren.
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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.
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.