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

Director Abney S. Boxley III acquired 321.276 shares of RGC Resources Inc. common stock at $21.01 per share under the company's Restricted Stock Plan for Outside Directors.

Summary

• On April 1, 2025, Abney S. Boxley III, a director of RGC Resources Inc., acquired 321.276 shares of common stock.
• The shares were acquired at a price of $21.01 per share.
• This acquisition was made pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following the transaction, Boxley directly owns 62,512.259 shares and indirectly owns 375 shares through UTMA for his child, totaling 62,887.259 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the director's acquisition of shares can be seen as a slightly positive signal.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors and officers.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine acquisition of shares by a director.

Key Dates

Keywords

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