---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-26-002006"
form_type: "8-K"
ticker: "REX"
cik: "0000744187"
company_name: "REX AMERICAN RESOURCES Corp"
filed_at: "2026-07-01T13:08:36+00:00"
generated_at: "2026-07-01T13:10:14.282565+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# REX boosts executive bonus caps: Rose to $4M, Rizvi to $12M, Bruggeman to $4M

## Summary
- New employment agreements executed June 29, 2026, effective Feb 1, 2026, for Rose (Exec Chairman), Rizvi (CEO), Bruggeman (CFO).
- Rose annual max bonus increased from $2.5M to $4M; termination bonus cap up from $3M to $5M; base salary $225K.
- Rizvi annual max bonus increased from $5M to $12M; termination bonus cap up from $6M to $12M; base salary $275K.
- Bruggeman annual max bonus increased from $2.5M to $4M; termination bonus cap up from $3M to $5M; base salary $300K.
- Bonuses tied to 2.5% of adjusted net income; 75% cash, 25% restricted stock; non-compete for 1 year post-termination.

## SEC filing metadata
- accession: 0000930413-26-002006
- form_type: 8-K
- ticker: REX
- cik: 0000744187
- company_name: REX AMERICAN RESOURCES Corp
- filed_at: 2026-07-01T13:08:36+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/744187/000093041326002006/0000930413-26-002006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/744187/000093041326002006/c116858_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-26-002006
- JSON: https://secwatch.observer/filing/0000930413-26-002006.json
- Plain text: https://secwatch.observer/filing/0000930413-26-002006.txt

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