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	$4.15	Disposed	10578832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.21	Disposed	10568832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.23	Disposed	10558832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.22	Disposed	10548832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.15	Disposed	10538832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.15	Disposed	10528832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.14	Disposed	10518832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.16	Disposed	10508832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.13	Disposed	10498832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.16	Disposed	10488832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.15	Disposed	10478832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.22	Disposed	10468832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.12	Disposed	10458832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.13	Disposed	10448832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.11	Disposed	10438832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.09	Disposed	10428832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.09	Disposed	10418832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.10	Disposed	10408832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.13	Disposed	10398832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.11	Disposed	10388832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.12	Disposed	10378832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.08	Disposed	10368832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.09	Disposed	10358832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.06	Disposed	10348832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.07	Disposed	10338832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.07	Acquired	10328832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.07	Disposed	10318832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.10	Disposed	10308832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.11	Disposed	10298832	Direct
2025-11-10-05:00	Class A Common Stock	S	10000	$4.12	Disposed	10288832	Direct