Alphonso Mervyn L 4
4 · REX AMERICAN RESOURCES Corp · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
REX Director Alphonso Mervyn Receives 4,423-Share Award
What Happened
Alphonso Mervyn, a director of REX American Resources Corporation (REX), was granted two awards totaling 4,423 shares on June 15, 2026 (2,096 and 2,327 shares). The Form 4 reports these as awards/acquisitions (code A) with a reported acquisition price of $0.00 (typical for restricted stock grants); the filing lists a reported value of $0 for these entries.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Grants: 2,096 shares and 2,327 shares — total 4,423 shares — reported at $0.00 acquisition price.
- Shares owned after transaction: Not specified in this filing.
- Vesting: Footnotes indicate these are restricted stock grants with staggered vesting — one grant vests one-third immediately and the remaining two-thirds over the next two anniversaries; the other vests one-third on each of the first three anniversaries of the grant.
- Share split note: A 2-for-1 stock split on Sept 8, 2025 resulted in the reporting person receiving an additional 7,558 shares on Sept 15, 2025 (historical adjustment reported).
- No sales, open-market purchases, 10b5-1 plan, or tax-withholding actions are indicated in this filing.
Context
These entries are awards of restricted stock (acquisitions through grant), not open-market buys or sales. Restricted stock grants are common for directors and may vest over time per the schedules noted; the $0 reported acquisition price reflects that these were awards rather than purchases.
Insider Transaction Report
- Award
Common stock, $.01 par value
[F2][F1]2026-06-15+2,096→ 17,212 total - Award
Common stock, $.01 par value
[F3]2026-06-15+2,327→ 19,539 total
Footnotes (3)
- [F1]On September 8, 2025, the common shares of REX American Resources Corporation split 2 for 1, resulting in the reporting person's acquisition of 7,558 additional shares of common stock on September 15, 2025.
- [F2]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.
- [F3]Restricted Stock vesting in one-third increments on each of the first three anniversaries of the grant.