SCHEDULE: State Street's 4.8% Passive Stake in REX American

State Street Corporation reports a 4.8% passive ownership stake in REX American Resources Corp, holding 784,248 common shares.

Summary

• State Street Corporation, a Massachusetts-based entity, reported a 4.8% beneficial ownership stake in REX AMERICAN RESOURCES CORP's common stock.
• The beneficial ownership amounts to 784,248 shares as of the event date of June 30, 2025.
• State Street Corporation holds shared voting power over 641,977 shares and shared dispositive power over all 784,248 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business.
• The shares were not acquired or held for the purpose of changing or influencing the control of REX AMERICAN RESOURCES CORP.

Sentiment

Score: 5

Explanation: The filing is a standard passive ownership disclosure, providing factual information without indicating positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• State Street Corporation's beneficial ownership of 784,248 shares, representing 4.8% of REX AMERICAN RESOURCES CORP's common stock, indicates institutional investment in the company.
• The shares were acquired and are held in the ordinary course of business, signifying a passive investment strategy rather than an attempt to influence or change control of the issuer.

Negatives

• No specific negative aspects or concerns are disclosed in this beneficial ownership filing.

Risks

• No specific operational, financial, or strategic risks related to REX AMERICAN RESOURCES CORP are detailed in this beneficial ownership disclosure.

Future Outlook

The filing indicates a passive, long-term holding strategy by State Street Corporation, as the shares were not acquired for the purpose of changing or influencing the control of the issuer.

Management Comments

• Elizabeth Schaefer, Senior Vice President and Chief Accounting Officer of State Street Corporation, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

Institutional investors like State Street Corporation frequently hold passive stakes in publicly traded companies as part of diversified investment portfolios, reflecting a standard practice in asset management.

Comparison to Industry Standards

• This filing is a standard Schedule 13G beneficial ownership disclosure, which is common for institutional investors holding less than 5% of a company's shares without intent to influence control.
• The filing does not provide specific financial or operational results that can be compared to global benchmarks or specific comparable companies/projects.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's passive stake, which can be viewed as a vote of confidence in the company's long-term prospects.
• Management: Confirms that a large institutional investor is not seeking to influence or change control, allowing management to focus on existing strategic plans.

Key Dates

Keywords

REX American Resources, State Street, Schedule 13G, Common Stock, Institutional Ownership, Beneficial Ownership, Passive Investment