secwatch.observer — SEC 8-K summary
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Issuer:     REX AMERICAN RESOURCES Corp (REX)
CIK:        0000744187
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0000930413-23-000356
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744187/000093041323000356/0000930413-23-000356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744187/000093041323000356/c105642_8k-ixbrl.htm
  HTML page:      https://secwatch.observer/filing/0000930413-23-000356

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer