American Resources Corp — Director's Dealing 2025

Nov 12, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Resources Corp (AREC)
CIK: 0001590715
Period of Report: 2025-11-10-05:00

Reporting Person: GOLDEN PROPERTIES LTD. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-10-05:00	Class A Common Stock	S	10000	$4.13	Disposed	10278832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.11	Disposed	10268832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.11	Disposed	10258832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.10	Disposed	10238832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.09	Disposed	10218832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.05	Disposed	10198832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.05	Disposed	10188832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.06	Disposed	10178832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.07	Disposed	10158832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.04	Disposed	10148832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.03	Disposed	10138832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.04	Disposed	10128832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.03	Disposed	10118832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.02	Disposed	10108832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.05	Disposed	10098832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.01	Disposed	10088832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.07	Disposed	10068832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.00	Disposed	10058832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.02	Disposed	10048832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.00	Disposed	10038832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.02	Disposed	10018832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.00	Disposed	9998832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.01	Disposed	9988832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.01	Disposed	9978832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.03	Disposed	9968832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.01	Acquired	9948832	Direct
2025-11-10-05:00	Class A Common Stock	S	20000	$4.00	Disposed	9928832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.00	Disposed	9918832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.02	Disposed	9908832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.00	Disposed	9898832	Direct