RGC Resources (NASDAQ: RGCO) director granted 260.97 shares under stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Jacqueline L. reported acquisition or exercise transactions in this Form 4 filing.
RGC Resources Inc. director Jacqueline L. Archer received a grant of 260.97 shares of common stock at $21.65 per share. The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Following this award, she directly holds 21,614.707 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Archer Jacqueline L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 260.97 | $21.65 | $6K |
Holdings After Transaction:
Common Stock — 21,614.707 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 260.97 shares
Grant value per share: $21.65 per share
Total shares after grant: 21,614.707 shares
3 metrics
Shares granted
260.97 shares
Director stock award on April 1, 2026
Grant value per share
$21.65 per share
Valuation used for the director stock grant
Total shares after grant
21,614.707 shares
Director’s direct RGCO holdings following the transaction
Key Terms
Restricted Stock Plan for Outside Directors, grant/award acquisition, Common Stock
3 terms
Restricted Stock Plan for Outside Directors financial
"Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."
grant/award acquisition financial
"transaction_action: grant/award acquisition for 260.97 shares of Common Stock"
Common Stock financial
"security_title: Common Stock with 260.97 shares awarded at $21.65"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did RGCO director Jacqueline L. Archer report?
Jacqueline L. Archer reported receiving 260.97 RGCO common shares as an award. The shares were issued under the Restricted Stock Plan for Outside Directors, reflecting compensation rather than an open-market purchase or sale, and increase her direct equity stake in the company.
Was the RGCO Form 4 transaction a stock purchase or a grant?
The RGCO Form 4 shows a stock grant, not an open-market purchase. Code A indicates a grant or award acquisition, and a footnote states the shares were issued under the Restricted Stock Plan for Outside Directors as part of director compensation.
Is the RGCO Form 4 transaction a routine director compensation event?
Yes. The Form 4 states the 260.97 RGCO shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors. This indicates a routine, compensation-related equity grant rather than discretionary buying or selling in the open market.