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

Director John B. Williamson III acquired 288.752 shares of RGC Resources Inc. common stock at $21.01 per share on April 1, 2025, under the company's Restricted Stock Plan for Outside Directors.

Summary

• On April 1, 2025, John B. Williamson III, a director of RGC Resources Inc., acquired 288.752 shares of common stock.
• The shares were acquired at a price of $21.01 per share.
• The acquisition was made under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following the transaction, Williamson directly owns 173,549.21 shares of RGC Resources Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The director's acquisition of shares demonstrates confidence 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.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director alignment with company interests.

Key Dates

Keywords

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