secwatch.observer — SEC 8-K summary
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Issuer:     AMREP CORP. (AXR)
CIK:        0000006207
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001104659-26-006618
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMREP appoints Timothy McNaney to board, terminates director stock ownership policy
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- Timothy S. McNaney appointed to AMREP board effective Jan 27, 2026; brings homebuilding and land development experience.
- Board terminated policy requiring non-employee directors to hold at least 30,000 shares of common stock.
- Board size increased from 4 to 5 members; McNaney named as a Class III director.
- Bylaws amended to reflect the new board size of five directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6207/000110465926006618/0001104659-26-006618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6207/000110465926006618/tm264069d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-006618

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