KRESS EDWARD M 4

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.