Nick G. Karabots - 28 Mar 2022 Form 4 Insider Report for AMREP CORP. (AXR)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
30 Mar 2022, 11:28:45 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
William J. Bonner, Jr., executor of the Estate of Nicholas G. Karabots

Key filing fact

Nick G. Karabots filed Form 4 for AMREP CORP. (AXR) on 30 Mar 2022.

Key facts

  • This page summarizes Nick G. Karabots's Form 4 filing for AMREP CORP. (AXR).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 30 Mar 2022, 11:28.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$21,903,837.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AXR transaction

Common Stock

Sale

Transaction value
$1,065,900
Shares
-102,000
Change %
-100%
Price
$10.45
Shares after
0
Date
28 Mar 2022
Ownership
Direct
Footnotes
F1, F2
AXR transaction

Common Stock

Sale

Transaction value
$10,110,835
Shares
-967,544
Change %
-100%
Price
$10.45
Shares after
0
Date
28 Mar 2022
Ownership
See footnote
Footnotes
F1, F3
AXR transaction

Common Stock

Sale

Transaction value
$10,727,103
Shares
-1,026,517
Change %
-100%
Price
$10.45
Shares after
0
Date
28 Mar 2022
Ownership
See footnote
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nick G. Karabots is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

On March 28, 2022, the Estate of Nicholas G Karabots, Glendi Publications, Inc., and Kappa Media Group, Inc. sold, respectively, 102,000, 967,544, and 1,026,517 shares of common stock of AMREP CORP. (the "Company") to the Company in a privately negotiated transaction at a price of $10.45 per share.

Footnote F2

The shares were sold by the Estate of Nicholas G. Karabots.

Footnote F3

The shares were sold by Glendi Publications, Inc., of which the Reporting Person, the Estate of Nicholas G. Karabots, may be deemed to be a controlling person.

Footnote F4

The shares were sold by Kappa Media Group, Inc., of which the Reporting Person, the Estate of Nicholas G. Karabots, may be deemed to be a controlling person

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