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RGC Resources (RGCO) director receives 305-share stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RGC Resources Inc. director Abney S. Boxley III acquired 305.292 shares of common stock on an award basis at $22.11 per share under the Restricted Stock Plan for Outside Directors. Following this grant, his holdings total 68,319.991 shares, including a small indirect position held through a UTMA account for his child.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BOXLEY ABNEY S III

(Last) (First) (Middle)
P. O. BOX 13007

(Street)
ROANOKE VA 24030

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RGC RESOURCES INC [ RGCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 A(1) 305.292 A $22.11 68,319.991(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
2. Includes 67,944.991 shares owned directly by reporting person and includes 375.000 shares owned indirectly through UTMA for the reporting person's child.
/s/ Abney S. Boxley, III by Timothy J. Mulvaney, POA dated 02/05/2024 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did RGC Resources (RGCO) report for Abney S. Boxley III?

RGC Resources reported that director Abney S. Boxley III received an award of common stock under the company’s Restricted Stock Plan for Outside Directors. The Form 4 classifies this as a grant or other acquisition transaction, not an open-market purchase or sale.

How many RGC Resources (RGCO) shares were granted to the director and at what price?

The director was granted 305.292 shares of RGC Resources common stock at a price of $22.11 per share. This award was issued pursuant to the Restricted Stock Plan for Outside Directors, reflecting compensation in equity rather than a cash salary component.

What is Abney S. Boxley III’s total RGC Resources share ownership after this award?

After the stock award, Abney S. Boxley III holds a total of 68,319.991 RGC Resources common shares. This figure includes 67,944.991 shares owned directly and 375 shares held indirectly through a UTMA account established for his child.

Was the RGC Resources (RGCO) insider transaction a market buy or sell?

The transaction was not a market buy or sell. It is classified as a grant, award, or other acquisition of common stock under the Restricted Stock Plan for Outside Directors, meaning the director received shares as equity compensation rather than trading them on the open market.

How is indirect ownership disclosed for the RGC Resources (RGCO) director’s shares?

The filing explains that 375 of the director’s total shares are held indirectly through a UTMA account for his child. The remainder is owned directly by the reporting person, and there is no stated disclaimer of beneficial ownership over these indirectly held shares.
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United States
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