Alphonso Mervyn L 4

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.