secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0001104659-24-081503
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP awards CEO $150k bonus and 7,200 restricted shares; salary raised to $375k
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- CEO Vitale awarded $150k cash bonus + 7,200 restricted shares vesting over 3 years; salary raised to $375k.
- VP Finance Uleau awarded $55k cash bonus + 1,890 restricted shares vesting over 3 years; salary raised to $180k.
- Both awards under 2016 Equity Plan; vesting contingent on continued employment.
- Bylaws amended effective July 19, 2024 for technical and administrative changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465924081503/0001104659-24-081503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465924081503/tm2419838d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-081503

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