ROSE STUART A 4

What Happened Rose Stuart, Executive Chair/COB and director of REX American Resources (REX), received two grants of restricted stock on 2026-06-15 totaling 51,572 shares (23,064 and 28,508 shares). The awards are reported as acquisitions (code A) at $0.00 (restricted stock grants). To satisfy tax withholding upon vesting, the issuer withheld 19,211 shares (code F) at a reported share price of $42.97, representing $825,497 in withholding. Net of withholding, Stuart received about 32,361 shares. Based on the $42.97 price shown for the withheld shares, the gross value of the awards was roughly $2.22 million.

Key Details

• Transaction date: 2026-06-15; Form filed: 2026-06-17 (filed timely within the Form 4 deadline).
• Grants: 23,064 and 28,508 restricted shares (codes A); price shown $0.00 (restricted awards).
• Tax withholding: 19,211 shares withheld (code F) at $42.97 = $825,497.
• Net new shares to insider: ~32,361 (51,572 granted − 19,211 withheld).
• Shares owned following the transaction: not reported in the filing.
• Footnotes: F1/F2 describe vesting schedules (one-third increments — one grant vests 1/3 immediately, remainder over next two anniversaries; the other vests one-third on each of the first three anniversaries). F3 confirms shares were withheld to satisfy tax withholding on vesting.

Context These transactions reflect restricted stock vesting and issuer withholding to cover tax obligations (a common, non-market-sale event). This is not an open-market purchase or a discretionary sale by the insider; the withheld-share entry is an administrative disposal to cover taxes rather than a cash sale by Stuart.