---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-22-001116"
form_type: "8-K"
ticker: "REX"
cik: "0000744187"
company_name: "REX AMERICAN RESOURCES Corp"
filed_at: "2022-05-27T23:59:59+00:00"
generated_at: "2026-06-25T06:30:59.825691+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# REX American Resources boosts executive salaries, bonuses, and director compensation

## Summary
- CEO Zafar Rizvi base salary raised to $275K (from $225K); bonus percentage increased to 4.5% (from 3%) with cap raised to $5M.
- CFO Douglas Bruggeman base salary raised to $300K (from $275.7K); bonus percentage increased to 2.25% (from 1.5%) with cap raised to $2.5M.
- Executive Chairman Stuart Rose base salary raised to $225K (from $154.5K); bonus percentage increased to 2.5% (from 2.2%) with cap raised to $2.5M.
- Performance-based RSUs granted: 15,000 to Rizvi and 7,500 to Bruggeman, vesting based on TSR vs Russell 2000 over 3 years.
- Non-employee director annual retainer increased to $70K (from $45K); annual RSU grant raised to $50K (from $25K).

## SEC filing metadata
- accession: 0000930413-22-001116
- form_type: 8-K
- ticker: REX
- cik: 0000744187
- company_name: REX AMERICAN RESOURCES Corp
- filed_at: 2022-05-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744187/000093041322001116/0000930413-22-001116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744187/000093041322001116/c103822_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-22-001116
- JSON: https://secwatch.observer/filing/0000930413-22-001116.json
- Plain text: https://secwatch.observer/filing/0000930413-22-001116.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.