SCHEDULE 13D/A

AMREP CORP

Common Stock, par value $0.10 per share · CUSIP: 032159105

Event date: 2026-02-11

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• James H. DahlReported CIK 0000933422

  Shares: 945,077.00 · Class: 17.8%

• Rainey E. LancasterReported CIK 0001984157

  Shares: 173,750.00 · Class: 3.3%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.