RGC Resources (RGCO) VP adds to holdings with dividend reinvestment and stock purchase
Rhea-AI Filing Summary
RGC Resources Inc. officer Miles Christen Brooke, VP of Human Resources, reported purchasing 4.6530 shares of Common Stock on 2026-08-03 at $21.4900 per share through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan. After this transaction, Brooke directly owns 9937.7050 shares, which includes 20.871 shares bought the same day via dividends reinvested in the Dividend Reinvestment and Stock Purchase Plan and 78.654 restricted shares acquired through dividends reinvested in the Restricted Stock Plan. The filing also lists Employee Stock Options with a $16.6200 exercise price expiring on 2033-10-18, with no underlying shares currently shown. The transaction is not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4.653 shares
Net Buy
2 txns
Insider
Miles Christen Brooke
Role
VP, Human Resources
Bought
4.653 shs ($99.99)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 4.653 | $21.49 | $99.99 |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,937.705 shares (Direct);
Employee Stock Options — 0 shares (Direct)
Footnotes (2)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
- F2. Includes 20.871 shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan and 78.654 restricted shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.
Key Figures
Shares purchased: 4.6530 shares
Purchase price: $21.4900 per share
Shares owned after: 9937.7050 shares
+4 more
7 metrics
Shares purchased
4.6530 shares
Common Stock purchased on 2026-08-03 by VP of Human Resources
Purchase price
$21.4900 per share
Price paid for Common Stock on 2026-08-03
Shares owned after
9937.7050 shares
Direct Common Stock ownership following the reported purchase
Dividend reinvestment shares
20.871 shares
Purchased 08/03/2026 through dividends reinvested in Dividend Reinvestment and Stock Purchase Plan
Restricted shares via reinvested dividends
78.654 shares
Purchased 08/03/2026 through dividends reinvested in the Restricted Stock Plan
Employee stock option exercise price
$16.6200
Exercise price of Employee Stock Options tied to Common Stock
Employee stock option expiration
2033-10-18
Expiration date of Employee Stock Options listed in the report
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Restricted Stock Plan, Rule 10b5-1 trading plan, Employee Stock Options
4 terms
Dividend Reinvestment and Stock Purchase Plan financial
"pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Restricted Stock Plan financial
"dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan"
A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.
Rule 10b5-1 trading plan financial
"The transaction is not reported as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Options financial
"The filing also lists Employee Stock Options with a $16.6200 exercise price"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RGC Resources (RGCO) report for Miles Christen Brooke?
RGC Resources reported that VP of Human Resources Miles Christen Brooke purchased 4.6530 shares of Common Stock on 2026-08-03 at $21.4900 per share. The buy was made through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan.
Were the RGC Resources (RGCO) insider transactions under a Rule 10b5-1 plan?
The Form 4 indicates the transactions were not made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox is shown as unchecked, and no footnote describes the purchase as pursuant to a pre-arranged trading plan.
How do dividend reinvestment and restricted stock affect RGC Resources (RGCO) insider holdings?
Brooke’s reported total of 9937.7050 shares includes 20.871 shares bought via dividends reinvested in the Dividend Reinvestment and Stock Purchase Plan and 78.654 restricted shares acquired through dividends reinvested in the Restricted Stock Plan on 2026-08-03.
What employee stock options are disclosed for the RGC Resources (RGCO) insider?
The filing lists Employee Stock Options with an exercise price of $16.6200 and an expiration date of 2033-10-18, tied to Common Stock. In this report, no underlying shares are shown for those options, reflecting their current status in this filing.