secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2021-07-13T23:59:59+00:00
Accession:  0001104659-21-091707
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP appoints CEO Vitale as director; awards $100K bonus, 6,000 RSUs
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- Christopher Vitale, already CEO and President, appointed to board effective July 9, 2021; board expands from 3 to 4 members.
- Vitale receives $100,000 cash bonus and 6,000 restricted shares vesting one-third annually over 3 years.
- Vitale's salary increased to $335,000 effective July 19, 2021.
- VP Adrienne Uleau gets $40,000 bonus, 2,500 RSUs vesting over 3 years, and salary raised to $155,000.
- Bylaw amended to increase board size to 4 and expand Class I directors from 1 to 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465921091707/0001104659-21-091707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465921091707/tm2121988d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-091707

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