AMREP CORP. — Director's Dealing 2023

Oct 26, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMREP CORP. (AXR)
CIK: 0000006207
Period of Report: 2023-10-24

Reporting Person: ROBOTTI ROBERT (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-24	Common Stock, $0.001 Par Value Per Share	P	27	$16.5	Acquired	323793	Indirect
2023-10-24	Common Stock, $0.001 Par Value Per Share	P	17	$16.5	Acquired	323810	Indirect
2023-10-26	Common Stock, $0.001 Par Value Per Share	P	335	$16.4679	Acquired	324145	Indirect
2023-10-26	Common Stock, $0.001 Par Value Per Share	P	205	$16.4679	Acquired	324350	Indirect

Footnotes

F1: This amount includes 179,765 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 144,028 shares of the Common Stock directly owned by Ravenswood Investments III, L.P. ("RI").

F2: This amount includes 179,765 shares of the Common Stock, directly owned by RIC and 144,045 shares of the Common Stock directly owned by RI.

F3: This amount includes 180,100 shares of the Common Stock, directly owned by RIC and 144,045 shares of the Common Stock directly owned by RI.

F4: This amount includes 180,100 shares of the Common Stock, directly owned by RIC and 144,250 shares of the Common Stock directly owned by RI.

F5: Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 as managing member of Ravenswood Management Company, L.L.C., which serves as the general partner of RIC and RI. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of any pecuniary interest therein, if any.