REX American Resources (REX) executive compensation, 2026 proxy

Zafar A. Rizvi, Chief Executive Officer and President, was paid $5.3M in 2025, up 24% from $4.2M the year before. The CEO-to-median-employee pay ratio was 73:1, on median employee pay of $71,880.

Filed
April 15, 2026
Annual meeting
May 28, 2026
Pay year
2025
Named executives
3
CEO total pay
$5.3M+24% vs prior year
CEO to median employee
73:1median $71,880
CEO pay in equity
24%$1.3M in awards
CEO Adjusted Net Income Bonus %
4.50%Specified percentage under employment agreement
CEO Maximum Annual Incentive
$5,000,000Cap on annual incentive payout
Median Employee Pay Ratio
73.4:1CEO to median employee compensation

How Rizvi was paid

$5.3M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards24%Non-equity incentive71%All other compensation0%

Named executive officers

ExecutiveTotal
Zafar A. RizviChief Executive Officer and President$5,275,200
Douglas L. BruggemanVice President-Finance, Chief Financial Officer and Treasurer$2,800,200
Stuart A. RoseExecutive Chairman of the Board$2,725,000

What changed and why

  • $5.3MCEO total compensation increased to $5,275,200 in fiscal 2025.
  • Annual incentives were based on Adjusted Net Income percentages.
  • One-quarter of annual incentive awards is paid in restricted stock.
  • No long-term incentive awards were granted to named executive officers for fiscal 2025.
  • The 2015 Incentive Plan expired on June 1, 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.