Company: REX
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000930413-25-001442
Chunk: 24

Company: REX AMERICAN RESOURCES Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 24
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 |     | 17,934 |     |               |     | 13,615 |     |               |     | 3,859 |
| Mr. Rose      |     |               |     | 12,589 |     |               |     |  6,794 |     |               |     | 4,288 |

Stock Vested

The following table sets forth information for each named executive officer with respect to the vesting of restricted stock awards in fiscal 2024.

| Name          | Number of Shares    
 Acquired on Vesting | Stock Awards |     |        |     | Value Realized 
 on Vesting1    |     |   |     |           |
|:--------------|:--------------------|:-------------|:----|-------:|:----|:---------------|:----|:--|:----|----------:|
| Mr. Rizvi     |                     |              |     | 27,696 |     |                |     | $ |     | 1,264,045 |
| Mr. Bruggeman |                     |              |     | 14,302 |     |                |     | $ |     |   652,743 |
| Mr. Rose      |                     |              |     |  8,636 |     |                |     | $ |     |   394,147 |

Potential Payments Upon Termination or Change in Control

The employment agreements with our named executive officers provide for the following compensation payable upon termination of employment:

| • |     | In the event of termination without cause, or in the event the executive terminates employment for good reason within 12 months following a change in control, the executive is entitled to (i) the balance of his salary for the remainder of the employment period, (ii) a cash bonus equal to 200% of the total       
 incentive bonus paid for the prior fiscal year, but not less than $1,000,000 and no more than $6,000,000 for Mr. Rizvi and no more than $3,000,000 for the other named executive officers, and (iii) the right to exercise any awards under any incentive plan whether exercisable or unexercisable, vested or unvested. |

| o |     | “Good reason” includes a reduction in the executive’s salary or bonus opportunity, significant diminution in the executive’s position, authority or duties, work relocation outside the Dayton, Ohio metropolitan area, and our breach of the employment agreement