Form 4: REX American Resources Director Bustos Acquires and Disposes of Shares

Director Cheryl Lea Bustos reports acquiring and disposing of REX American Resources Corp shares on June 17, 2024, according to a Form 4 filing.

Summary

• Cheryl Lea Bustos, a director of REX American Resources Corp, filed a Form 4 disclosing changes in beneficial ownership.
• On June 17, 2024, Bustos acquired 1,095 shares of common stock at $0 and disposed of 2,536 shares.
• Following these transactions, Bustos directly owns 2,536 shares of REX American Resources Corp.
• The acquisition of 1,095 shares was related to restricted stock vesting in one-third increments on each of the first three anniversaries of the grant.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates