DAHL JAMES H 4/A

What Happened
James H. Dahl, a reported 10% owner of AMREP Corp. (AXR), purchased 3,200 shares in an open-market/private purchase on March 2, 2026. The weighted-average price was $25.69 per share, for a total cost of approximately $82,220. This was a purchase (insider buying), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction date: March 2, 2026. Weighted-average price: $25.69; individual trades ranged from $25.50 to $26.42.
• Total shares acquired: 3,200; total value ≈ $82,220.
• Shares are held by James H. Dahl (per filing). Shares owned following the transaction: not reported in the provided data.
• Filing status: This is an amended Form 4. An initial Form 4 was filed on March 4, 2026 that mistakenly listed the transaction date as March 3; this amendment (filed Mar 27, 2026) corrects the date to March 2. The original filing date (Mar 4) was within the typical two-business-day window for Form 4s; the amendment corrects a reporting error.
• Insider status: Dahl is a 10% owner (significant shareholder), not identified here as a company executive.

Context

• Insider purchases can indicate confidence but do not prove intent or future performance; they should be one input among many in investment decisions.
• As a 10% owner, Dahl's transactions reflect a significant shareholder action rather than routine executive compensation moves. The amendment appears to be a corrective filing rather than an attempt to conceal or delay the original disclosure.