Form 4: RGC Resources Director Nancy H. Agee Reports Stock Acquisition
SEC Form 4 Filing
Director Nancy H. Agee reports acquisition of RGC Resources Inc. shares through a restricted stock plan and holdings in a revocable trust.
Summary
- On April 1, 2025, Nancy H. Agee, a director of RGC Resources Inc., acquired 296.684 shares of common stock at a price of $21.01 per share.
- The shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
- Following the transaction, Agee beneficially owns a total of 58,346.822 shares, including 49,821.138 shares held in a revocable trust where she serves as trustee.
- This total includes 8,525.684 shares previously owned by her spouse, which have been transferred to a revocable trust for which the spouse serves as trustee.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't convey strong positive or negative sentiment.
Positives
- The acquisition of shares by a director may signal confidence in the company's future performance.
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 insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity, which can be interpreted as a sign of confidence.
Key Dates
| Date | Description |
|---|---|
| 02/05/2024 | Date of Power of Attorney (POA) for Timothy J. Mulvaney to sign on behalf of Nancy H. Agee. |
| 04/01/2025 | Date of the transaction where Nancy H. Agee acquired shares of RGC Resources Inc. common stock. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
RGC Resources, Director, Stock Acquisition, Beneficial Ownership, Form 4, RGCO, Nancy H. Agee, Restricted Stock Plan, Revocable Trust
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