Kirk Taylor - May 23, 2023 Form 4 Insider Report for American Resources Corp (AREC)

Role
Chief Financial Officer
Signature
Kirk P. Taylor
Stock symbol
AREC
Transactions as of
May 23, 2023
Transactions value $
$1,961
Form type
4
Date filed
5/24/2023, 03:47 PM
Previous filing
May 25, 2022
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AREC Class A Common Stock Purchase $1.96K +1.25K +0.08% $1.57 1.62M May 23, 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 March 15, 2023