DAHL JAMES H 4
4 · AMREP CORP. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
AMREP (AXR) 10% Owner James H. Dahl Buys 9,124 Shares
What Happened
James H. Dahl, a reported 10% owner of AMREP Corp. (AXR), made multiple open‑market purchases on February 10–11, 2026, acquiring a total of 9,124 shares for aggregate proceeds of approximately $202,714. The buys consisted of: 3,636 shares at an average $21.12 ($76,801); 2,488 shares at $22.29 ($55,462); 2,303 shares at $23.34 ($53,759); and 697 shares at $23.95 ($16,692). These transactions are purchases (transaction code P), which investors often view as a more bullish signal than sales.
Key Details
- Transaction dates: Feb 10–11, 2026 (reported on Form 4 filed Feb 12, 2026). Filing appears timely (within the standard two‑business‑day window).
- Trade breakdown (reported weighted averages; see price ranges below):
- 3,636 sh @ $21.12 (weighted avg; underlying trades $20.68–$21.65)
- 2,488 sh @ $22.29 (weighted avg; underlying trades $21.685–$22.59)
- 2,303 sh @ $23.34 (weighted avg; underlying trades $22.83–$23.76)
- 697 sh @ $23.95 (weighted avg; underlying trades $23.84–$24.00)
- Shares held after the reported transactions: Form notes 229,151 shares held by Dahl in two IRA accounts (204,151 shares in a ROTH Conversion Account; 25,000 shares in an IRA Account).
- Relevant footnotes: some holdings are held by the Dahl Family Foundation (Dahl/family report no pecuniary interest in those foundation shares) and another party, Rainey E. Lancaster, is reported as part of a Section 13(d) group with Dahl.
- Transaction code: P = Purchase.
Context
As a 10% owner, Dahl is a principal shareholder; such purchases can reflect personal or household portfolio allocation decisions and are not the same as insider executive trades tied to company operations. These purchases were open‑market acquisitions disclosed on a Form 4 and do not, by themselves, indicate company performance or future results.
Insider Transaction Report
- Purchase
Common Shares
[F1][F2]2026-02-10$21.12/sh+3,636$76,801→ 438,210 total - Purchase
Common Shares
[F3][F2]2026-02-10$22.29/sh+2,488$55,462→ 440,698 total - Purchase
Common Shares
[F4][F2]2026-02-11$23.34/sh+2,303$53,759→ 443,001 total - Purchase
Common Shares
[F5][F2]2026-02-11$23.95/sh+697$16,692→ 443,698 total
- 229,151(indirect: By IRA)
Common Shares
[F6] - 94,120(indirect: By Trust)
Common Shares
[F7] - 173,750
Common Shares
[F8]
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.68 to $21.65 per share.
- [F2]The shares are held by James H. Dahl.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.685 to $22.59 per share.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.83 to $23.76 per share.
- [F5]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $23.84 to $24.00 per share.
- [F6]The shares are held in two IRA accounts as follows: 204,151 shares held by the ROTH Conversion Account and 25,000 shares held by the IRA Account.
- [F7]The shares are held by Dahl Family Foundation, Inc. Neither James H. Dahl nor any member of his family have any pecuniary interest in shares held by Dahl Family Foundation, Inc.
- [F8]The shares are held by Rainey E. Lancaster who is a member of a group with James H. Dahl for purposes of Section 13(d) of the Exchange Act.