ALBERT RUSSO - 29 Dec 2023 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Christopher V. Vitale, as attorney-in-fact for Albert Russo
Issuer symbol
AXR
Transactions as of
29 Dec 2023
Net transactions value
$0
Form type
4
Filing time
02 Jan 2024, 16:30:57 UTC
Previous filing
03 Jan 2023
Next filing
03 Jan 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXR Deferred Stock Units Award $0 +1,365 +6.7% $0.000000 21,859 29 Dec 2023 Common stock, $.10 par value 1,365 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These deferred stock units vest immediately upon grant. Each deferred stock unit represents the right to receive one share of the Issuer's common stock, which will be distributed within 30 days after the first day of the month to follow the grantee's termination of service as a director of the Issuer.