Form 4: RGC Resources Director Acquires Shares in Planned Transaction

RGC Resources Inc. Director Abney S. Boxley III acquired 305.085 shares of common stock at $22.125 per share.

Summary

• Abney S. Boxley III, a Director of RGC Resources Inc. (RGCO), acquired 305.085 shares of common stock on September 2, 2025.
• The shares were acquired at a price of $22.125 per share, totaling approximately $6,750.
• This transaction was executed pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following this acquisition, Mr. Boxley beneficially owns a total of 65,462.79 shares of RGC Resources Inc. common stock.
• Beneficial ownership includes 65,087.790 shares owned directly and 375.000 shares owned indirectly through a UTMA account for his child.

Sentiment

Score: 6

Explanation: Slightly positive due to an insider increasing their stake, albeit a small amount and part of a compensation plan, which generally signals confidence.

Positives

• A Director increasing their stake in the company, even through a pre-planned compensation election, can be viewed as a minor positive signal of confidence in the company's future prospects.

Future Outlook

NA

Industry Context

This filing is a standard insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects an individual director's equity compensation and ownership.

Related Party Transactions

• The reporting person indirectly owns 375.000 shares through a Uniform Transfers to Minors Act (UTMA) account for their child, which constitutes a related party beneficial ownership.

Stakeholder Impact

• Shareholders may view the director's increased ownership as a minor positive indicator of alignment between management and shareholder interests, though the transaction size is small.

Key Dates

Keywords

RGC Resources Inc., RGCO, Insider Trading, Form 4, Director Stock Acquisition, Restricted Stock Plan, Equity Compensation