KRESS EDWARD M 4
4 · REX AMERICAN RESOURCES Corp · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
REX American (REX) Secretary Edward M. Kress Receives Award
What Happened
Edward M. Kress, Secretary and a director of REX American Resources Corp (REX), was granted two awards of restricted stock on 2026-06-15 totaling 4,423 shares (2,096 + 2,327). The shares were awarded at $0.00 per share (total consideration $0) — this is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Filing date (Form 4): 2026-06-17 (filed two days after the transaction; appears timely).
- Grants: 2,096 shares (A) and 2,327 shares (A); acquisition price reported as $0.00.
- Shares owned after the transaction: Not disclosed in the filing.
- Footnotes / Vesting:
- F1: One award vests in three increments — one-third vested immediately, the remaining two-thirds vest on the first and second anniversaries.
- F2: The other award vests one-third on each of the first three anniversaries of the grant.
- Transaction code: A = Award/Grant (restricted stock).
Context
Restricted stock awards are a form of compensation and typically vest over time; they do not represent an immediate cash purchase or sale. Such grants are common for executives and directors and do not by themselves indicate a buy/sell signal for investors.
Insider Transaction Report
Form 4
KRESS EDWARD M
DirectorSecretary
Transactions
- Award
Common stock, $.01 par value
[F1]2026-06-15+2,096→ 202,096 total - Award
Common stock, $.01 par value
[F2]2026-06-15+2,327→ 204,423 total
Footnotes (2)
- [F1]Restricted Stock vesting in one-third increments with the first third vesting immediately and the remaining two years on the first two anniversaries of the grant.
- [F2]Restricted Stock vesting in one-third increments on each of the first three anniversaries of the grant.
Signature
Edward M. Kress|2026-06-17