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Close of Nov 06, 2026 · end-of-day data
REX 8-K filings in 2026
Every material Form 8-K REX American Resources filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
REX American Resources reported fiscal second-quarter 2026 results for the three months ended July 31, 2026. Net sales and revenue rose to $168.5 million from $158.6 million, and net income attributable to REX shareholders rose to $34.9 million from $7.1 million, helped by $18.4 million of production tax credit income. The results show higher earnings per share for shareholders, with the company also noting progress on its One Earth carbon capture project.
Diluted net income per share attributable to REX common shareholders was $1.06, compared with $0.22 in the second quarter of 2025, on 33,090,000 diluted weighted average shares.
Net sales and revenue were $168.5 million, compared with $158.6 million, primarily reflecting improved pricing.
Gross profit was $53.3 million, compared with $14.3 million, including $18.4 million of production tax credit income.
As of July 31, 2026, REX had $379.5 million of cash, cash equivalents and short-term investments and no bank debt; the EPA issued draft permits for three Class VI injection wells on August 17, 2026.
REX American Resources disclosed new employment agreements with Executive Chairman Stuart A. Rose, CEO Zafar A. Rizvi, and CFO Douglas L. Bruggeman, executed June 29, 2026 and effective February 1, 2026. The agreements raise maximum annual bonuses and maximum severance-related bonuses for all three executives, which increases potential compensation costs for shareholders.
Rizvi's annual maximum bonus rises from $5,000,000 to $12,000,000; his maximum termination bonus rises from $6,000,000 to $12,000,000.
Rose's annual maximum bonus rises from $2,500,000 to $4,000,000; his maximum termination bonus rises from $3,000,000 to $5,000,000.
Bruggeman's annual maximum bonus rises from $2,500,000 to $4,000,000; his maximum termination bonus rises from $3,000,000 to $5,000,000.
Base salaries are $225,000 for Rose, $275,000 for Rizvi and $300,000 for Bruggeman; the agreements supersede prior agreements.
REX American Resources' Compensation Committee approved a form of Restricted Stock Unit Award Agreement under its 2026 Incentive Plan on June 10, 2026. The form is filed as Exhibit 10(a) to the 8-K, and the filing contains no financial results, dollar amounts, or changes to executive positions.
Compensation Committee approved the RSU Award Agreement form on June 10, 2026
Agreement is used for awards of restricted stock units under the REX American Resources Corporation 2026 Incentive Plan
Form filed as Exhibit 10(a); the filing does not state award sizes or recipients
At its May 28, 2026 annual meeting, REX American Resources shareholders approved the 2026 Incentive Plan and an amendment raising authorized common stock from 45,000,000 to 90,000,000 shares, effective June 1, 2026. Shareholders also elected all nine directors, approved executive compensation on an advisory basis, and ratified RSM US LLP as the independent auditor. The filing does not state any plan to issue the additional shares.
Authorized common stock increased from 45,000,000 to 90,000,000 shares; amendment filed with Delaware on June 1, 2026
2026 Incentive Plan approved May 28, 2026, with 27,270,159 votes for and 421,250 against
Advisory say-on-pay vote: 26,834,576 for and 854,974 against
All nine directors elected to one-year terms; Restated Certificate of Incorporation effective June 2, 2026
REX American reported fiscal first quarter 2026 results for the three months ended April 30, 2026, with net income attributable to REX shareholders of $18.5 million, up from $8.7 million a year earlier. Net sales and revenue slipped to $156.5 million from $158.3 million on lower ethanol pricing, but gross profit more than doubled, helped by $7.5 million of production tax credit income. The company also changed how it accounts for Section 45Z tax credits, with prior periods retrospectively adjusted.
Diluted net income per share attributable to REX common shareholders was $0.56, compared with $0.26 in Q1 2025, on 33,116,000 diluted weighted average shares.
Net sales and revenue were $156.5 million versus $158.3 million, while gross profit rose to $29.1 million from $14.3 million.
Cash, cash equivalents and short-term investments totaled $364.3 million as of April 30, 2026, with no bank debt.
The One Earth expansion is nearing completion, the carbon capture project still awaits Class VI well permitting, and the company budgets $220-$230 million for these projects.
REX American Resources reported results for the full fiscal year and fourth quarter ended January 31, 2026. Full-year net sales rose to $650.5 million from $642.5 million and net income attributable to REX shareholders rose to $83.0 million from $58.2 million, with diluted EPS of $2.50 versus $1.65. Fourth-quarter profit was also helped by approximately $28.1 million in 45Z tax credits recognized as a reduction to income tax expense.
Full fiscal 2025 net income attributable to REX shareholders was $83.0 million, up from $58.2 million; diluted EPS was $2.50 versus $1.65.
Q4 2025 net income attributable to REX shareholders was $43.7 million, up from $11.1 million; EPS was $1.32 versus $0.31.
Approximately $28.1 million in 45Z tax credits in Q4 2025 was recorded as a reduction to income tax expense.
As of January 31, 2026, REX had $375.8 million in cash, cash equivalents and short-term investments and no bank debt; the One Earth carbon capture project still awaits permitting.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every REX American Resources filing is on SEC EDGAR ↗. 8-K briefs of other companies →