ROSE STUART A 4
Research Summary
AI-generated summary
REX American Resources Exec Stuart A. Rose Gifts 22,000 Shares
What Happened
Stuart A. Rose, Executive COB and Director of REX American Resources Corp (REX), reported a gift disposition of 22,000 shares on 2026-03-30. The Form 4 shows the shares were transferred as a gift (transaction code G) and lists $0 in cash proceeds. The filing indicates the transfer was made to a charitable nonprofit organization.
Key Details
- Transaction date: 2026-03-30 (Period of Report); filing date: 2026-03-31 (timely).
- Transaction type/code: Gift (G); reported price/proceeds: $0.00.
- Shares transferred: 22,000.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The shares were gifted by The Stuart Rose Family Foundation (an Ohio nonprofit), of which Mr. Rose is the sole Member and Trustee and serves as CEO, President and Treasurer; recipient charity not named.
- No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided data.
Context
Gifts are reported as dispositions but typically reflect charitable intent rather than a view on the company’s stock price; they do not represent a cash sale. The transfer originated from Mr. Rose’s family foundation (he is the foundation’s sole controlling officer), which facilitated the donation.