AMREP CORP. — Director's Dealing 2023

Jul 10, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMREP CORP. (AXR)
CIK: 0000006207
Period of Report: 2022-07-22

Reporting Person: DAHL JAMES H (10% Owner)
Reporting Person: Lancaster Rainey E. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-22	Common Shares	P	3905	$12.61	Acquired	159609	Direct
2022-07-28	Common Shares	P	9	$14.15	Acquired	159618	Direct
2022-07-29	Common Shares	P	1436	$14.10	Acquired	161054	Direct
2022-08-02	Common Shares	P	6511	$14.77	Acquired	167565	Direct
2022-08-08	Common Shares	P	2552	$16.24	Acquired	170177	Direct
2022-08-09	Common Shares	P	3715	$16.00	Acquired	225551	Indirect
2022-08-11	Common Shares	P	570	$16.00	Acquired	226121	Indirect
2022-08-12	Common Shares	P	402	$16.00	Acquired	226523	Indirect
2022-08-15	Common Shares	P	1128	$16.00	Acquired	227651	Indirect
2022-08-15	Common Shares	P	3633	$16.00	Acquired	173750	Direct
2022-12-28	Common Shares	P	1500	$11.68	Acquired	229151	Indirect

Footnotes

F1: The shares are held by Rainey E. Lancaster who is a member of a "group" with James H. Dahl for purposes of Section 13(d) of the Exchange Act.

F2: The shares are held in two IRA accounts as follows: 200,551 Shares held by IRA FBO James H. Dahl Pershing LLC as Custodian ROTH Conversion Account (the "ROTH Conversion Account") and 25,000 Shares held by IRA FBO James H. Dahl Pershing LLC as Custodian (the "IRA Account").

F3: The shares are held in two IRA accounts as follows: 201,121 Shares held by the ROTH Conversion Account and 25,000 Shares held by the IRA Account.

F4: The shares are held in two IRA accounts as follows: 201,523 Shares held by the ROTH Conversion Account and 25,000 Shares held by the IRA
Account.

F5: The shares are held in two IRA accounts as follows: 202,651 Shares held by the ROTH Conversion Account and 25,000 Shares held by the IRA
Account.

F6: The shares are held in two IRA accounts as follows: 204,151 Shares held by the ROTH Conversion Account and 25,000 Shares held by the IRA Account.