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AI brief of an SEC Form 8-K · AMREP CORP. (AXR)

AMREP grants CEO Vitale $178,000 bonus and 8,700 restricted shares; CFO also awarded

Neutral Impact 2 of 5 leadership Written later

On July 13, 2026, AMREP awarded CEO Christopher V. Vitale and CFO Adrienne M. Uleau cash bonuses and restricted stock under its 2016 Equity Compensation Plan, and approved salary increases effective July 27, 2026. The awards are compensation actions for executives and do not involve a change in officers or a financial result.

Key points

  • Vitale: $178,000 cash bonus and 8,700 restricted shares, vesting in 2,900-share tranches on July 13 of 2027, 2028 and 2029
  • Uleau: $64,000 cash bonus and 2,250 restricted shares, vesting in 750-share tranches on July 13 of 2027, 2028 and 2029
  • Salaries set to $395,000 for Vitale and $205,000 for Uleau, effective July 27, 2026

The filing

CompanyAMREP CORP. (AXR)
Form8-K, current report
Filed with the SECJul 14, 2026, 4:30 PM ET
Accession number0001104659-26-083522

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.