Robert Robotti - Dec 20, 2024 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Robert E. Robotti
Stock symbol
AXR
Transactions as of
Dec 20, 2024
Transactions value $
-$410,253
Form type
4
Date filed
12/23/2024, 09:15 PM
Previous filing
Dec 20, 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 -$5.65K -179 -0.06% $31.56 309K Dec 20, 2024 See Footnote F1, F3
transaction AXR Common Stock, $0.001 Par Value Per Share Sale -$405K -12.8K -4.14% $31.56 297K Dec 20, 2024 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount includes 181,604 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company L.P. ("RIC") and 127,811 shares of the Common Stock directly owned by Ravenswood Investments III, L.P.
F2 This amount includes 181,604 shares of the Common Stock, directly owned by RIC and 114,990 shares of the Common Stock directly owned by RI.
F3 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, LLC, 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.