Research Summary
AI-generated summary of this SEC filing
AMREP (AXR) CFO Adrienne Uleau Sells 4,000 Shares
What Happened
Adrienne Uleau, Chief Financial Officer and Vice President of AMREP Corp. (AXR), reported the sale of 4,000 shares on July 30, 2026. The shares were disposed at $23.49 per share, for total proceeds of $93,960, reported on a Form 4 filed July 30, 2026. The transaction is reported as an open market or private sale (code S).
Key Details
- Transaction date: July 30, 2026
- Price per share: $23.49
- Shares sold: 4,000
- Total proceeds: $93,960
- Transaction type: Reported as "Open market or private sale" (Form 4 sale, code S)
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Filing/accession: Form 4 filed July 30, 2026 (Accession 0001104659-26-088726)
- Notable footnotes: None reported in the provided data; no 10b5-1 plan, tax withholding, or late-filing flag shown in the excerpt
Context
This was a straightforward insider sale. Sales by insiders are common and may reflect personal liquidity needs or routine portfolio management rather than a company outlook change. Retail investors should watch for patterns (multiple sales by insiders or concentrated selling) and consider this trade alongside other filings and company fundamentals.