American Rebel (NASDAQ:AREB) CEO Charles Andrew Ross, Jr. Sells 175,000 Shares

American Rebel Holdings, Inc. (NASDAQ:AREB) CEO Charles Andrew Ross, Jr. sold 175,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $0.94, for a total value of $164,500.00. Following the sale, the chief executive officer owned 100 shares of the company’s stock, valued at approximately $94. This represents a 99.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

American Rebel Trading Down 4.5%

Shares of AREB opened at $0.91 on Thursday. The business’s fifty day moving average is $1.04 and its 200 day moving average is $2.37. American Rebel Holdings, Inc. has a 12-month low of $0.52 and a 12-month high of $135.75.

Shares of American Rebel are set to reverse split on the morning of Friday, October 3rd. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, October 2nd.

American Rebel Company Profile

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company's safes are offered in various sizes and shapes for home, office, and personal use, as well as provides vault doors, handgun vaults, and inventory control safes under the American Rebel brand.