Mark Jensen - Apr 11, 2023 Form 4 Insider Report for American Resources Corp (AREC)

Role
Chief Executive Officer, Director
Signature
Mark C. Jensen
Stock symbol
AREC
Transactions as of
Apr 11, 2023
Transactions value $
$6,245
Form type
4
Date filed
4/12/2023, 09:30 AM
Previous filing
Mar 16, 2023
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AREC Class A Common Stock Purchase $6.25K +5K +0.1% $1.25 5.19M Apr 11, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Purchased pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, adopted by Reporting Person on or about November 18, 2021