BRUGGEMAN DOUGLAS 4
4 · REX AMERICAN RESOURCES Corp · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
REX CFO Douglas Bruggeman Sells 5,086 Shares
What Happened
Douglas Bruggeman, CFO (also VP–Finance and Treasurer) of REX American Resources Corp (REX), reported two open-market sales on 2026-06-02 totaling 5,086 shares for combined proceeds of approximately $247,857. The transactions were: 2,086 shares at $49.50 (≈ $103,257) and 3,000 shares at $48.20 (≈ $144,600). These were dispositions (sales), which are common insider activity; the filing does not disclose Bruggeman’s motivation.
Key Details
- Transaction dates and prices: 2026-06-02 — 2,086 shares at $49.50 ($103,257) and 3,000 shares at $48.20 ($144,600).
- Transaction type: Open-market sales (code S).
- Filing date: Form 4 filed 2026-06-03 (appears timely).
- Shares owned after transaction: Not provided in the summary data — see the Form 4 for current holdings.
- No footnotes provided in the supplied data (e.g., no 10b5‑1 plan, tax withholding, option exercise or gift indicated).
Context
This was a straight sale of existing shares (not an option exercise or award). For retail investors, insider purchases often carry more informational weight than routine sales; sales frequently reflect personal liquidity needs or portfolio rebalancing rather than a view on company fundamentals. Always check the full Form 4 for holdings, footnotes, and additional filing details before drawing conclusions.
Insider Transaction Report
- Sale
Common stock, $.01 par value
2026-06-02$49.50/sh−2,086$103,257→ 257,084 total - Sale
Common stock, $.01 par value
2026-06-02$48.20/sh−3,000$144,600→ 254,084 total