Rose Stuart A Charitably Sells 22,000 REX Shares While Maintaining 2.3M‑Share Stake, Signals Confidence in Ethanol Growth and Carbon‑Sequestration Initiatives

Insider Activity at REX American Resources Corp.

Current Transaction and Broader Insider Trend On March 30, 2026, Executive Chief Operating Officer Rose Stuart A sold 22,000 shares of REX’s common stock—exactly the number transferred to a charitable nonprofit under the Stuart Rose Family Foundation. The transaction, executed at $0.00 per share, left Stuart holding 2,328,324 shares, a sizable stake that reflects his long‑term confidence in the company. The sale coincided with a near‑flat market price ($47.15, down 0.01%) and zero social‑media buzz, suggesting the move was driven more by philanthropic intent than by market sentiment.

Implications for Investors and the Company’s Future Stuart’s sale of 22,000 shares is modest relative to his total holdings and mirrors a pattern of strategic buying and occasional divestment. The recent wave of insider purchases—over 1.5 million shares in September 2025 and a 234,516‑share sale in January 2026—demonstrates a net accumulation of equity, signaling confidence in REX’s ethanol business and its forward‑looking carbon‑sequestration initiatives. For shareholders, such insider optimism can reinforce the perception of management’s commitment to long‑term value creation, potentially supporting the stock’s upward trajectory in a volatile commodity environment.

Profile of Rose Stuart A: Historical Trading Patterns Stuart’s insider activity over the past year has been characterized by large, block trades:

• September 2025: 1,175,162 shares bought, 291,052 shares bought, and 117,258 shares bought, increasing his position to 2,350,324 shares.
• January 2026: A 234,516‑share sale followed by a 58,629‑share purchase, netting a 640,733‑share holding. These moves suggest a cyclical strategy—buying when the company’s fundamentals strengthen (e.g., higher crush spreads, favorable tax treatment) and divesting modestly when philanthropic or cash‑flow needs arise. The consistent post‑transaction ownership of over 600,000 shares indicates a long‑term stake, aligning with REX’s strategy of gradual expansion in ethanol production and renewable energy projects.

Strategic Takeaway for Stakeholders The combination of insider buys and the philanthropic sale underscores a dual focus: maintaining substantial equity exposure while leveraging excess liquidity for charitable purposes. For investors, this pattern reinforces the view that management believes REX’s core assets—ethanol production, grain by‑products, and real‑estate leasing—are poised for sustainable growth. Coupled with the company’s active buyback program and robust 52‑week performance, insider activity provides a reassuring sign that REX’s leadership remains aligned with shareholder interests and the broader energy transition narrative.