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: 2025-11-07-05:00

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-07-05:00	Class A Common Stock	S	20000	$4.00	Disposed	11158095	Direct
2025-11-07-05:00	Class A Common Stock	S	19700	$4.01	Disposed	11138395	Direct
2025-11-07-05:00	Class A Common Stock	S	300	$4.00	Disposed	11138095	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.01	Disposed	11128095	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.00	Disposed	11108095	Direct
2025-11-07-05:00	Class A Common Stock	S	3155	$4.01	Acquired	11104940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.00	Disposed	11084940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.00	Disposed	11064940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.02	Disposed	11054940	Direct
2025-11-07-05:00	Class A Common Stock	S	27955	$4.01	Disposed	11026985	Direct
2025-11-07-05:00	Class A Common Stock	S	2045	$4.00	Disposed	11024940	Direct
2025-11-07-05:00	Class A Common Stock	S	19944	$4.01	Disposed	11004996	Direct
2025-11-07-05:00	Class A Common Stock	S	56	$4.00	Disposed	11004940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.00	Disposed	10984940	Direct
2025-11-07-05:00	Class A Common Stock	S	19963	$4.02	Disposed	10964977	Direct
2025-11-07-05:00	Class A Common Stock	S	37	$4.01	Disposed	10964940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.03	Disposed	10954940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.04	Disposed	10934940	Direct
2025-11-07-05:00	Class A Common Stock	S	8500	$4.01	Disposed	10926440	Direct
2025-11-07-05:00	Class A Common Stock	S	1500	$4.00	Disposed	10924940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.00	Disposed	10914940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.02	Disposed	10904940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.02	Disposed	10894940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.02	Disposed	10874940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.09	Disposed	10864940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.05	Disposed	10854940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.10	Disposed	10834940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.08	Disposed	10814940	Direct
2025-11-07-05:00	Class A Common Stock	S	10000	$4.08	Disposed	10804940	Direct
2025-11-07-05:00	Class A Common Stock	S	20000	$4.06	Disposed	10784940	Direct