BRUGGEMAN DOUGLAS 4
Research Summary
AI-generated summary
REX American (REX) CFO Douglas Bruggeman Sells 5,000 Shares
What Happened Douglas Bruggeman, CFO / VP-Finance / Treasurer of REX American Resources Corp (REX), sold 5,000 common shares in an open-market transaction on March 31, 2026. The weighted-average sale price was $45.41, resulting in proceeds of approximately $227,050. The filing also reports an acquisition of 133,085 shares on September 15, 2025 (reported at $0.00) that resulted from a 2-for-1 stock split effective September 8, 2025.
Key Details
- Sale date: 2026-03-31; weighted-average price reported $45.41; total proceeds ≈ $227,050. (Footnote: actual sale prices ranged $45.32–$45.55.)
- Acquisition date: 2025-09-15; 133,085 shares reported as acquired at $0.00 due to 2-for-1 split on 2025-09-08.
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 explains the 2-for-1 split that generated the 133,085 shares; F2 notes the sale was executed in multiple transactions and provides the price range; the insider offers to provide per-trade breakdowns on request.
- Filing: Form 4 filed April 1, 2026 (covers period ending 2026-03-31); no late filing is indicated in this report.
Context This report shows a routine open-market sale by a senior executive and an earlier split-related acquisition. Sales do not necessarily indicate a change in insider sentiment—many are for diversification, tax, or liquidity reasons—while acquisitions (or awards) can be more directly informative about insider conviction. The sale here was executed in multiple trades (see price range in footnote).