---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-23-000356"
form_type: "8-K"
ticker: "REX"
cik: "0000744187"
company_name: "REX AMERICAN RESOURCES Corp"
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:58:06.405951+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# REX American Resources appoints former Congresswoman Cheri Bustos to Board of Directors

## Summary
- Board expanded to nine members; Bustos is independent and effective immediately.
- Served on U.S. House Agriculture Committee and Appropriations Committee; brings relevant experience for alternative energy and carbon sequestration.
- Will serve on Audit, Compensation, and Nominating/Corporate Governance Committees.
- Standard non-employee director compensation: $70k annual retainer, $5k committee retainer, and $50k annual restricted stock grant.

## SEC filing metadata
- accession: 0000930413-23-000356
- form_type: 8-K
- ticker: REX
- cik: 0000744187
- company_name: REX AMERICAN RESOURCES Corp
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744187/000093041323000356/0000930413-23-000356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744187/000093041323000356/c105642_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-23-000356
- JSON: https://secwatch.observer/filing/0000930413-23-000356.json
- Plain text: https://secwatch.observer/filing/0000930413-23-000356.txt

## Key facts
- Executive change
  Cheryl L. Bustos was elected as Director at REX AMERICAN RESOURCES Corp.
  - Action: elected
  - Role: Director
  source text: the Board of Directors (“Board”) of REX American Resources Corporation (the “Company”) expanded the size of the Board from eight directors to nine directors and elected Cheryl L. Bustos as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/744187/000093041323000356/0000930413-23-000356-index.htm

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