Family foundation tied to REX (REX) chair gifts 22K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REX American Resources director and Executive Chairman Stuart A. Rose reported a bona fide gift of 22,000 shares of common stock. The shares were transferred by The Stuart Rose Family Foundation, an Ohio nonprofit corporation he leads, to a charitable nonprofit organization. Following the transaction, foundation-related indirect holdings were 2,328,324 shares, and Rose also held 640,733 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,000 shares gifted
Mixed
2 txns
Insider
ROSE STUART A
Role
Executive COB
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common stock, $.01 par value | 22,000 | $0.00 | -- |
| holding | Common stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Common stock, $.01 par value — 2,328,324 shares (Indirect, By Foundation);
Common stock, $.01 par value — 640,733 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 22,000 shares
Indirect holdings after gift: 2,328,324 shares
Direct holdings: 640,733 shares
+1 more
4 metrics
Gifted shares
22,000 shares
Bona fide gift of common stock by family foundation
Indirect holdings after gift
2,328,324 shares
Foundation-related indirect common stock holdings following transaction
Direct holdings
640,733 shares
Stuart A. Rose direct common stock holdings following transaction
Gift price per share
$0.00 per share
Reported price for bona fide gift transaction
Key Terms
bona fide gift, indirect ownership, non-derivative, Form 4
4 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership": "By Foundation""
non-derivative financial
""transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did REX (REX) report for Stuart A. Rose?
REX reported that Stuart A. Rose was associated with a bona fide gift of 22,000 shares of common stock. The transfer was made through The Stuart Rose Family Foundation to a charitable nonprofit organization, with no sale proceeds reported.
Was the REX (REX) insider transaction a sale or a gift?
The transaction was reported with code G, described as a bona fide gift, not a sale. The 22,000 shares of common stock were donated by The Stuart Rose Family Foundation to a charitable nonprofit organization without a reported price per share.
Does the REX (REX) Form 4 show any derivative securities for Stuart A. Rose?
The filing’s derivative section is empty, indicating no derivative positions such as options or warrants were reported in this Form 4. Only common stock holdings and the 22,000-share gift by the family foundation are disclosed.