# EDGAR Filing Document

**Accession Number:** 0000933422
**File Stem:** 0001104659-26-077369
**Filing Date:** 2026-6
**Character Count:** 12161
**Document Hash:** 04e6f85723bfe485e6e0426d036af02b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-077369.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0001104659-26-077369

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMREP CORP.
- **CENTRAL INDEX KEY:** 0000006207
- **STANDARD INDUSTRIAL CLASSIFICATION:** LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 590936128
- **STATE OF INCORPORATION:** OK
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-16466
- **FILM NUMBER:** 261116957

**BUSINESS ADDRESS:**
- **STREET 1:** 850 WEST CHESTER PIKE
- **STREET 2:** SUITE 205
- **CITY:** HAVERTOWN
- **STATE:** PA
- **ZIP:** 19083
- **BUSINESS PHONE:** 610-487-0905

**MAIL ADDRESS:**
- **STREET 1:** 850 WEST CHESTER PIKE
- **STREET 2:** SUITE 205
- **CITY:** HAVERTOWN
- **STATE:** PA
- **ZIP:** 19083

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMREP CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN REALTY & PETROLEUM CORP
- **DATE OF NAME CHANGE:** 19671019
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DAHL JAMES H
- **CENTRAL INDEX KEY:** 0000933422

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 4314 PABLO OAKS COURT
- **CITY:** JACKSONVILLE
- **STATE:** FL
- **ZIP:** 32224

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 8)**

**AMREP Corp.**

*(Name of Issuer)*

**Common Stock, par value $0.10 per share**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Elliott Blue**<br>Holland & Knight LLP<br>1120 S. Tryon Street, Suite 900<br>Charlotte NC 28203<br>904.798.5418

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**06/22/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**James H. Dahl** | Name of reporting person<br>**James H. Dahl** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**824979.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**173750.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**824979.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**173750.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**998729.00** | Aggregate amount beneficially owned by each reporting person<br>**998729.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.8%** | Percent of class represented by amount in Row (11)<br>**18.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** * This calculation is based on 5,305,199 Shares of Common Stock outstanding as of March 10, 2026 reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended January 31, 2026, filed with the Securities and Exchange Commission (the "SEC") on March 12, 2026.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Rainey E. Lancaster** | Name of reporting person<br>**Rainey E. Lancaster** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**173750.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**173750.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**173750.00** | Aggregate amount beneficially owned by each reporting person<br>**173750.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**3.3%** | Percent of class represented by amount in Row (11)<br>**3.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** * This calculation is based on 5,305,199 Shares of Common Stock outstanding as of March 10, 2026 reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended January 31, 2026, filed with the SEC on March 12, 2026.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, par value $0.10 per share

**(b) Name of Issuer:**
AMREP Corp.

**(c) Address of Issuer's Principal Executive Offices:**
850 West Chester Pike, Suite 205, Havertown, PA, 19083

This Amendment No. 8 to Schedule 13D ("Amendment No. 8") amends and supplements the information set forth in the Schedule 13D filed by (i) James H. Dahl and (ii) Rainey E. Lancaster (each, a "Reporting Person" and collectively, the "Reporting Persons") with the SEC on May 20, 2021 (the "Schedule 13D"), as amended by Amendment No. 1 to Schedule 13D filed by the Reporting Persons with the SEC on September 2, 2021 ("Amendment No. 1"), as further amended by Amendment No. 2 to Schedule 13D filed by the Reporting Persons with the SEC on December 13, 2021 ("Amendment No. 2"), as further amended by Amendment No. 3 to Schedule 13D filed by the Reporting Persons with the SEC on March 31, 2022 ("Amendment No. 3"), as further amended by Amendment No. 4 to Schedule 13D filed by the Reporting Persons with the SEC on January 9, 2024 ("Amendment No. 4"), as further amended by Amendment No. 5 to Schedule 13D filed by the Reporting Persons with the SEC on February 1, 2024 ("Amendment No. 5"), as further amended by Amendment No. 6 to Schedule 13D filed by the Reporting Persons with the SEC on May 17, 2024 ("Amendment No. 6"), and as further amended by Amendment No. 7 to Schedule 13D filed by the Reporting Persons with the SEC on February 13, 2026 ("Amendment No. 7" and, together with Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, and the Schedule 13D, the "Amended Schedule 13D"), relating to the Common Stock, par value $0.10 per share ("Shares"), of AMREP Corporation (the "Issuer"), having a principal executive office at 850 West Chester Pike, Suite 205, Havertown, Pennsylvania 19083. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Amended Schedule 13D. Except as specifically provided herein, this Amendment No. 7 does not modify any of the information previously reported in the Amended Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
According to the most recently filed Quarterly Report on Form 10-Q of the Issuer for the quarter ended January 31, 2026, filed with the SEC on March 12, 2026, the Issuer had 5,305,199 Shares outstanding as March 10, 2026. Each Reporting Person may be deemed to have the following beneficial ownership of Shares of the Issuer: (i) James H. Dahl may be deemed to beneficially own 998,729 Shares, in aggregate (or 18.8% of the total number of Shares outstanding); and (ii) Rainey E. Lancaster may be deemed to beneficially own 173,750 Shares (or 3.3% of the total number of Shares outstanding). All holdings in this Statement on Schedule 13D are reported as of the closing of business on June 24, 2026.

**(b)**
James H. Dahl has sole power to vote and dispose of 824,979 Shares, including: (i) 501,708 Shares held directly, (ii) 204,151 Shares held by IRA FBO James H. Dahl Pershing LLC as Custodian ROTH Conversion Account, (iii) 25,000 Shares held by IRA FBO James H. Dahl Pershing LLC as Custodian, and (iv) 94,120 Shares held by Dahl Family Foundation, Inc. Neither James H. Dahl nor any member of his family have any pecuniary interest in Shares held by Dahl Family Foundation, Inc. The Reporting Persons have shared power to vote and dispose of 173,750 Shares held by Rainey E. Lancaster.

**(c)**
The Reporting Persons effected the following transactions in the Shares in open market transactions on the dates indicated, and such transactions are the only transactions in the Shares by the Reporting Persons during the sixty days prior to and including June 24, 2026 (date range: April 25, 2026 through June 24, 2026):

On April 29, 2026, James H. Dahl purchased 5,000 shares on the open market for a weighted average price of $27.7413 per share.

On May 1, 2026, James H. Dahl purchased 3,000 shares on the open market for a weighted average price of $27.85 per share.

On May 13, 2026, James H. Dahl purchased 1,156 shares on the open market for a weighted average price of $24.724 per share.

On May 20, 2026, James H. Dahl purchased 5,000 shares on the open market for a weighted average price of $24.4982 per share.

On May 29, 2026, James H. Dahl purchased 3,000 shares on the open market for a weighted average price of $25.672 per share.

On May 29, 2026, James H. Dahl purchased 1,000 shares on the open market for a weighted average price of $27.63 per share.

On June 2, 2026, James H. Dahl purchased 1,500 shares on the open market for a weighted average price of $26.6226 per share.

On June 22, 2026, James H. Dahl purchased 3,075 shares on the open market for a weighted average price of $25.5827 per share.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** James H. Dahl

**Signature:** /s/ James H. Dahl

**Name/Title:** JAMES H. DAHL

**Date:** 06/24/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Rainey E. Lancaster

**Signature:** /s/ Rainey E. Lancaster

**Name/Title:** RAINEY E. LANCASTER

**Date:** 06/24/2026