James H. Dahl and Rainey E. Lancaster Form 4 Filings for AMREP Corp. Common Shares

James H. Dahl and Rainey E. Lancaster, both 10% owners of AMREP Corp. (AXR), filed Form 4 disclosures on May 29, 2026, reporting significant share purchases. Dahl acquired 3,000 common shares at a weighted average price of $25.672 and an additional 1,000 shares at $27.63, bringing his direct holdings to 497,133 shares. The transactions were executed through multiple purchases at varying price ranges. Dahl also holds 229,151 shares indirectly through IRA accounts and 94,120 shares through a family trust. Lancaster holds 173,750 shares directly and is part of a group with Dahl for Section 13(d) purposes. Both owners share the same Jacksonville, FL address, and the filings were signed by attorney-in-fact Ivan A. Colao. The transactions demonstrate continued investment by major shareholders in AMREP Corp.