American Resources Corporation
US ˙ NasdaqCM ˙ US02927U2087

SecurityAREC / American Resources Corporation
InsiderGolden Properties Ltd.
This page shows the track record and history of GOLDEN PROPERTIES LTD. insider trades in American Resources Corporation. The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. It is illegal for insiders to make trades in their companies based on material, non-public information ("MNPI"). This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4.
Insider Purchases - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Golden Properties Ltd. in AREC / American Resources Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2025-08-19 1,000,000 1.2600 1,000,000 1.2600 1,260,000 8 2.1800 920,000 73.02
2025-07-31 1,000,000 1.1200 1,000,000 1.1200 1,120,000
2024-07-19 800,000 0.6700 800,000 0.6700 536,000

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

AREC / American Resources Corporation Insider Trades
Insider Sales - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made by Golden Properties Ltd. in AREC / American Resources Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2023-02-07 30,000 1.6000 30,000 1.6000 48,000 80 1.1100 -14,700 -30.62
2023-02-07 30,000 1.7200 30,000 1.7200 51,600
2023-02-06 5,000 1.6300 5,000 1.6300 8,150

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

AREC / American Resources Corporation Insider Trades
Insider Transaction History
File
Date		 Trade
Date		 Form Insider Ticker Security Title Code 10b5-1 Direct Exercise
Price		 Unit
Price		 Units
Changed		 Value
Changed (1K)		 Remaining
Options		 Remaining
Shares
2025-08-20 2025-08-19 4 GOLDEN PROPERTIES LTD. AREC Class A Common Stock P - Purchase D 1.2600 -1,000,000 -1,260 12,389,960
2025-08-01 2025-07-31 4 GOLDEN PROPERTIES LTD. AREC Class A Common Stock P - Purchase D 1.1200 -1,000,000 -1,120 13,389,960
2024-07-24 2024-07-19 4 GOLDEN PROPERTIES LTD. AREC Class A Common Stock P - Purchase D 0.6700 -800,000 -536 14,389,960
2023-02-08 2023-02-07 4 GOLDEN PROPERTIES LTD. AREC Class A Common Stock S - Sale D 1.6000 -30,000 -48 14,320,711
2023-02-08 2023-02-07 4/A GOLDEN PROPERTIES LTD. AREC Class A Common Stock S - Sale D 1.7200 -30,000 -52 14,350,711
2023-02-08 2023-02-06 4/A GOLDEN PROPERTIES LTD. AREC Class A Common Stock S - Sale D 1.6300 -5,000 -8 14,380,711
2023-02-07 3 GOLDEN PROPERTIES LTD. AREC Class A Common Stock D 14,385,711
2023-02-07 2023-02-07 4 GOLDEN PROPERTIES LTD. AREC Class A Common Stock S - Sale D 1.7200 30,000 52 14,350,711
2023-02-07 2023-02-06 4 GOLDEN PROPERTIES LTD. AREC Class A Common Stock S - Sale D 1.6300 -5,000 -8 14,380,711
P
Pembelian sekuritas non-derivatif atau derivatif di pasar terbuka atau secara pribadi.
S
Penjualan terbuka atau penjualan pribadi atas sekuritas non-derivatif atau derivatif.
A
Hibah, penghargaan, atau perolehan sekuritas lainnya dari perusahaan (seperti opsi)
C
Konversi turunan
D
Penjualan atau pengalihan sekuritas kembali ke perusahaan.
F
Pembayaran harga pelaksanaan atau kewajiban pajak menggunakan sebagian sekuritas yang diterima dari perusahaan.
G
Pemberian sekuritas oleh atau kepada orang dalam.
K
Swap ekuitas dan transaksi lindung nilai serupa
M
Pelaksanaan atau konversi sekuritas derivatif yang diterima dari perusahaan (seperti opsi)
V
Transaksi yang dilaporkan secara sukarela pada Formulir 4.
J
Lainnya (disertai dengan catatan kaki yang menjelaskan transaksi tersebut)