Robert Robotti - Dec 18, 2024 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Robert E. Robotti
Stock symbol
AXR
Transactions as of
Dec 18, 2024
Transactions value $
-$564,122
Form type
4
Date filed
12/20/2024, 10:56 AM
Previous filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXR Common Stock, $0.001 Par Value Per Share Sale -$127 -4 0% $31.75 328K Dec 18, 2024 See Footnote F1, F5
transaction AXR Common Stock, $0.001 Par Value Per Share Sale -$6.25K -197 -0.06% $31.75 327K Dec 18, 2024 See Footnote F2, F5
transaction AXR Common Stock, $0.001 Par Value Per Share Sale -$11.2K -357 -0.11% $31.24 327K Dec 19, 2024 See Footnote F3, F5
transaction AXR Common Stock, $0.001 Par Value Per Share Sale -$547K -17.5K -5.35% $31.24 310K Dec 19, 2024 See Footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount includes 182,140 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 145,504 shares of the Common Stock directly owned by Ravenswood Investments III, L.P.
F2 This amount includes 182,140 shares of the Common Stock, directly owned by RIC and 145,307 shares of the Common Stock directly owned by RI.
F3 This amount includes 181,783 shares of the Common Stock, directly owned by RIC and 145,307 shares of the Common Stock directly owned by RI.
F4 This amount includes 181,783 shares of the Common Stock, directly owned by RIC and 127,811 shares of the Common Stock directly owned by RI.
F5 Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 as managing member of Ravenswood Management Company, L.L.C., which serves as the general partner of RIC and RI. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of any pecuniary interest therein, if any.