{
  "id": 11210894,
  "title": "Rex American Resources COB Stuart Rose sells $2.13m in shares",
  "url": "https://urgent.news/2026/10/01/rex-american-resources-cob-stuart-rose-sells-2-13m-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T14:31:04.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/rex-american-resources-cob-stuart-rose-sells-213m-in-shares-93CH-4927771"
  },
  "original_language": "en",
  "account": "Stuart A. Rose, Executive Chairman and Director of REX AMERICAN RESOURCES Corp, sold 50,000 shares of the company's common stock on September 30, 2026, for a total of $2,127,535. The transaction occurred at a weighted average price of $42.5507 per share, with individual transactions taking place within a range of $42.335 to $42.915 per share. The current market price for REX stock is $42.85, reflecting a 41% increase over the past year. The sale was conducted by The Stuart Rose Family Foundation, a nonprofit corporation where Mr. Rose holds the position of sole Member and Trustee, Chief Executive Officer, President, and Treasurer. Following the reported transaction, Mr. Rose directly owns 573,094 shares of REX common stock, with an additional 2,278,324 shares held indirectly by the foundation. Investors can access additional insights about REX through InvestingPro, which provides exclusive tips and comprehensive research reports on 1,400+ US equities. The Form 4 filing for this transaction was signed by Edward M. Kress, Attorney in Fact for Stuart Rose, on October 1, 2026. Despite REX's impressive earnings per share of $1.06 for the second quarter of fiscal 2026, surpassing Wall Street's estimate of $0.42, the company's revenue fell short of expectations at $168.5 million compared to the forecasted $194.8 million. This mixed performance has left investors cautious, as the earnings report underscores the company's ability to achieve strong profitability while facing ongoing revenue challenges.",
  "summary": null,
  "key_points": [
    "Stuart Rose sold 50,000 REX shares for $2.13m on Sep 30, 2026",
    "Sale conducted by The Stuart Rose Family Foundation",
    "Rose retains 573,094 shares indirectly held by foundation"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}