Form 4: RGC Resources Director John B. Williamson III Acquires Shares Under Restricted Stock Plan

Director John B. Williamson III acquired 274.814 shares of RGC Resources Inc. common stock at $20.62 per share under the company's Restricted Stock Plan for Outside Directors.

Summary

• On June 3, 2024, John B. Williamson III, a director of RGC Resources Inc., acquired 274.814 shares of common stock.
• The shares were acquired at a price of $20.62 per share.
• This transaction was executed under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following the transaction, Williamson directly owns 170,107.438 shares of RGC Resources Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction under a pre-existing plan. The director's acquisition could be seen as a positive signal, but it's not a major event.

Positives

• The acquisition of shares by a director may signal confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates