Form 4: RGC Resources Director Acquires Shares Through Restricted Stock Plan

Thomas J. Crawford, a director at RGC Resources Inc., acquired 113 shares of common stock through the company's Restricted Stock Plan for Outside Directors.

Summary

• Thomas J. Crawford, a director of RGC Resources Inc., acquired 113 shares of common stock on January 2, 2025.
• The shares were acquired at a price of $20 per share.
• This transaction was part of the company's Restricted Stock Plan for Outside Directors.
• Following the transaction, Mr. Crawford beneficially owns 12,149.811 shares of RGC Resources Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. The acquisition of shares by a director can be seen as a positive sign of confidence in the company.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of a Restricted Stock Plan aligns director interests with those of shareholders.

Industry Context

This is a routine filing related to director compensation and is common in publicly traded companies.

Comparison to Industry Standards

• The use of restricted stock plans for directors is a common practice among publicly traded companies to align their interests with shareholders.
• The transaction is consistent with standard compensation practices for outside directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with those of the shareholders.

Key Dates

Keywords

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