DAHL JAMES H 4
4 · AMREP CORP. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
AMREP (AXR) 10% Owner James H. Dahl Buys 7,000 Shares
What Happened
James H. Dahl, a reported 10% owner of AMREP Corp. (AXR), made open-market purchases totaling 7,000 shares on Feb 26–27, 2026. The transactions reported: 5,000 shares at a reported $25.67 (total $128,356), 876 shares at $25.65 (total $22,472), and 1,124 shares at $26.23 (total $29,487). These were purchases (a net buy), which retail investors often view as a more informative signal than routine sales, though purchases by large owners can reflect personal/investment decisions rather than company-specific nonpublic information.
Key Details
- Transaction dates and reported prices: Feb 26, 2026 — 5,000 @ $25.67; Feb 27, 2026 — 876 @ $25.65 and 1,124 @ $26.23. Total consideration ≈ $180,315.
- Reported prices are weighted averages across multiple trades; footnotes show trade price ranges across the purchases roughly from $24.93 to $26.3899.
- Beneficial-holding notes: Footnotes indicate shares held in Dahl’s IRA accounts (204,151 in a ROTH Conversion Account and 25,000 in an IRA). Dahl Family Foundation and Rainey E. Lancaster are also noted in the filing (foundation shares reportedly not of pecuniary interest to Dahl; Lancaster is in a Section 13(d) group with Dahl).
- No late-filing indication provided in the data you supplied.
Context
- As a 10% owner, Dahl is a significant shareholder; purchases reflect substantial-holder activity rather than routine executive compensation transactions. Such buys can be of interest to retail investors but do not, by themselves, reveal the insider’s motivations.
Insider Transaction Report
Form 4
AMREP CORP.AXR
DAHL JAMES H
10% Owner
Transactions
- Purchase
Common Shares
[F1][F2]2026-02-26$25.67/sh+5,000$128,356→ 465,198 total - Purchase
Common Shares
[F3][F2]2026-02-27$25.65/sh+876$22,472→ 466,074 total - Purchase
Common Shares
[F4][F2]2026-02-27$26.23/sh+1,124$29,487→ 467,198 total
Holdings
- 229,151(indirect: By IRA)
Common Shares
[F5] - 94,120(indirect: By Trust)
Common Shares
[F6] - 173,750
Common Shares
[F7]
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.65 to $26.00 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 $24.93 to $ 25.82 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 $26.00 to $26.3899 per share.
- [F5]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.
- [F6]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.
- [F7]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.