REX AMERICAN RESOURCES Corp
For the period ended May 28, 2026. Filed Apr 15, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 28, 2026 · Filed Apr 15, 2026
Contents
Summary Compensation Table
The following table sets forth the compensation of our Chief Executive Officer, Chief Financial Officer and our other most highly compensated executive officer.
| Name and Principal Position | Year | Salary | Stock Awards1 | Non-Equity Incentive Plan Compensation2 | All Other Compensation3 | Total |
|---|---|---|---|---|---|---|
| Zafar A. Rizvi, Chief Executive Officer and President | 2025 | $275,000 | $1,250,000 | $3,750,000 | $200 | $5,275,200 |
| 2024 | $275,000 | $ 990,538 | $2,971,614 | $200 | $4,237,352 | |
| 2023 | $275,000 | $2,617,799 | $3,170,248 | $200 | $6,063,247 | |
| Douglas L. Bruggeman, Vice President-Finance, Chief Financial Officer and Treasurer | 2025 | $300,000 | $ 625,000 | $1,875,000 | $200 | $2,800,200 |
| 2024 | $300,000 | $ 495,269 | $1,485,807 | $200 | $2,281,276 | |
| 2023 | $300,000 | $1,308,900 | $1,585,124 | $200 | $3,194,224 | |
| Stuart A. Rose, Executive Chairman of the Board | 2025 | $225,000 | $ 625,000 | $1,875,000 | - | $2,725,000 |
| 2024 | $225,000 | $ 550,299 | $1,650,897 | - | $2,426,196 | |
| 2023 | $225,000 | $ 587,083 | $1,761,249 | - | $2,573,332 |
1 This column reflects the aggregate grant date fair value of (i) restricted stock that was earned by the named executive officers under the annual incentive program (which is payable one-quarter in restricted stock and the remainder in cash), and (ii) restricted stock granted as an additional long-term incentive to Messrs. Rizvi and Bruggeman in 2023.
2 Amounts in this column reflect three-quarters of the award earned for the applicable year under our annual incentive program, which amounts were paid in cash. The remainder of the earned award is intended to be paid in the form of restricted stock, which is included in the “Stock Awards” column for the year in which it is earned; however, because of the expiration of our 2015 Incentive Plan on June 1, 2025, no restricted stock was issued with respect to our annual incentive awards for fiscal 2024 and no restricted stock can be issued with respect to our annual incentive awards for fiscal 2025 unless the 2026 Incentive Plan is approved by the shareholders. If the 2026 Incentive Plan is approved by the shareholders at the Annual Meeting, the Board and Compensation Committee intend to grant restricted stock with respect to the fiscal 2024 and fiscal 2025 annual incentive awards on June 15, 2026.
3 Amounts in this column reflect a matching contribution under the 401(k) plan on behalf of each named executive officer other than Mr. Rose.
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