Robert E. Robotti - 31 Dec 2025 Form 4 Insider Report for AMREP CORP. (AXR)

Role: Director
Signature: /s/ Robert E. Robotti
Issuer symbol: AXR
Transactions as of: 31 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 02 Jan 2026, 17:33:47 UTC
Previous filing: 03 Oct 2025
Next filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
ROBOTTI ROBERT	Director	125 PARK AVENUE, SUITE 1607, NEW YORK	/s/ Robert E. Robotti	02 Jan 2026	0001105838

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	+1,595	+7.4%	$0.000000	23,196	31 Dec 2025	Common Stock, $.10 par value	1,595	$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.