DAHL JAMES H 4
4 · AMREP CORP. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
AMREP (AXR) 10% Owner James H. Dahl Buys Stock
What Happened
James H. Dahl, a 10% owner of AMREP Corp. (AXR), made three open-market purchases on March 26, 2026, acquiring a total of 3,000 shares for about $105,211. The transactions reported are: 1,800 shares at a weighted avg $25.44 ($45,784), 300 shares at a weighted avg $26.05 ($7,815), and 1,900 shares at a weighted avg $27.16 ($51,612). These were purchases (P), which are commonly viewed as a more informative signal than routine sales.
Key Details
- Transaction dates: all purchases occurred on 2026-03-26; Form 4 filed 2026-03-27 (filed promptly the next day).
- Trades and values:
- 1,800 shares @ $25.44 (weighted avg) — $45,784. (F1: actual prices in these trades ranged $24.986–$25.92)
- 300 shares @ $26.05 (weighted avg) — $7,815. (F3: range $26.01–$26.07)
- 1,900 shares @ $27.16 (weighted avg) — $51,612. (F4: range $27.04–$27.64)
- Shares held / footnotes:
- F2: some shares are held directly by James H. Dahl.
- F5: filing notes 204,151 shares in a ROTH Conversion Account and 25,000 shares in an IRA Account.
- F6: some shares are held by Dahl Family Foundation, Inc.; the filing states neither Dahl nor family members have a pecuniary interest in those foundation-held shares.
- F7: Rainey E. Lancaster is reported as a group member with Dahl for Section 13(d) purposes.
- The filing does not provide a single consolidated "shares owned after transaction" total in the provided details.
Context
- Dahl is a 10% owner (not necessarily an executive), so these purchases reflect ownership-level buying rather than routine employee option activity.
- Prices shown are weighted averages; footnotes clarify each block was executed across multiple trades at slightly varying prices.
- No option exercises, gifts, or tax-withholding events are reported in this Form 4 — only open-market purchases.
Insider Transaction Report
Form 4
AMREP CORP.AXR
DAHL JAMES H
10% Owner
Transactions
- Purchase
Common Shares
[F1][F2]2026-03-26$25.44/sh+1,800$45,784→ 472,198 total - Purchase
Common Shares
[F3][F2]2026-03-26$26.05/sh+300$7,815→ 472,498 total - Purchase
Common Shares
[F4][F2]2026-03-26$27.16/sh+1,900$51,612→ 474,398 total
Holdings
- 229,151(indirect: By IRA)
Common Shares
[F5] - 94,120(indirect: By Trust)
Common Shares
[F6] - 173,750
Common Shares
[F7]
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.986 to $25.92 per share.
- [F2]The shares are held by James H. Dahl.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.01 to $26.07 per share.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.04 to $27.64 per share.
- [F5]The shares are held in two IRA accounts as follows: 204,151 shares held by the ROTH Conversion Account and 25,000 shares held by the IRA Account.
- [F6]The shares are held by Dahl Family Foundation, Inc. Neither James H. Dahl nor any member of his family have any pecuniary interest in shares held by Dahl Family Foundation, Inc.
- [F7]The shares are held by Rainey E. Lancaster who is a member of a group with James H. Dahl for purposes of Section 13(d) of the Exchange Act.