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

Director Nancy H. Agee reports acquisition of RGC Resources shares through a restricted stock plan and dividend reinvestments, along with holdings in a revocable trust.

Summary

• On February 3, 2025, Nancy H. Agee, a director of RGC Resources Inc., acquired 303.178 shares of common stock at a price of $20.56 per share.
• These shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following the transaction, Agee directly and indirectly beneficially owns 57,732.596 shares.
• This includes shares held in a revocable trust where she serves as trustee, as well as shares previously owned by her spouse and transferred to a separate revocable trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction. The director's acquisition of shares can be seen as a positive signal, but it's not a major event.

Positives

• The director's participation in the Restricted Stock Plan demonstrates confidence in the company's future.
• Dividend reinvestments further increase the director's stake in the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their investment decisions.

Stakeholder Impact

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

Key Dates