ELCAN CHARLES A 4

What Happened Charles A. Elcan, a director of REX American Resources Corporation (REX), was granted two restricted stock awards on 2026-06-15 totaling 4,423 shares (2,096 and 2,327 shares). Both grants are reported as awards/acquisitions (code A) at $0.00 per share, so no cash was paid for these shares.

Key Details

• Transaction date: 2026-06-15; Filing date: 2026-06-17 (no late filing indicated in this report).
• Grants: 2,096 shares and 2,327 shares, both at $0.00 per share — total newly granted shares = 4,423.
• Transaction type/code: A (Award/Grant).
• Shares owned after the transaction: not specified in the provided extract.
• Relevant footnotes from the filing:
  • F1: A 2-for-1 stock split effective Sept 8, 2025 resulted in the reporting person receiving 56,338 additional shares on Sept 15, 2025.
  • F2: One restricted stock award vests in one-third increments with the first third vesting immediately and the remaining two-thirds on the first two anniversaries of the grant.
  • F3: The other restricted stock award vests in one-third increments on each of the first three anniversaries of the grant.

Context These entries are restricted-stock grants (awards), not open-market purchases or sales. Restricted grants often include vesting schedules (see F2/F3) and do not necessarily indicate the insider is trading on short-term views of the stock; they commonly form part of compensation or director pay.