Form 4: RGC Resources Director Abney S. Boxley III Acquires Additional Shares Through Restricted Stock Plan

Director Abney S. Boxley III reports acquisition of RGC Resources Inc. shares through the company's Restricted Stock Plan for Outside Directors.

Summary

• On May 1, 2025, Abney S. Boxley III, a director of RGC Resources Inc., acquired 319.905 shares of common stock at a price of $21.1 per share.
• The acquisition was made through an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following the transaction, Boxley directly owns 63,298.933 shares and indirectly owns 375 shares through UTMA for his child.
• The total shares beneficially owned after the reported transaction is 63,673.933.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction. The director's stock purchase could be seen as a positive signal, but it's part of a pre-existing plan.

Positives

• The director's participation in the Restricted Stock Plan demonstrates confidence in the company's future.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder confidence due to the director's increased investment in the company.

Key Dates

Keywords

RGC Resources, Director, Share Acquisition, Form 4, Restricted Stock Plan, Beneficial Ownership, RGCO, Insider Trading