Form 4: REX American Resources Director Mervyn Alphonso Reports Stock Award and Disposal
SEC Form 4 Filing
Director Mervyn Alphonso of REX American Resources Corp reports acquisition of stock and disposal of stock on June 17, 2024.
Summary
- On June 17, 2024, Mervyn Alphonso, a director of REX American Resources Corp, reported a transaction involving the company's common stock.
- Alphonso acquired 1,095 shares of common stock.
- Alphonso disposed of 7,558 shares of common stock.
- Following the reported transactions, Alphonso beneficially owns 7,558 shares of REX American Resources Corp.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider trading and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the insider's actions.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of stock acquisition and disposal. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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