RGCO Form 4: Senior VP Acquires 8.889 Shares via DRIP

Rhea-AI Filing Summary

Lawrence T. Oliver, Senior VP and Secretary of RGC Resources, Inc. (RGCO), reported a purchase under the company’s dividend reinvestment and stock purchase plan on 10/01/2025. The Form 4 shows an acquisition of 8.889 shares of common stock at a price of $22.50 per share (transaction code P), with 23,779.109 shares beneficially owned following the transaction. The filing also lists outstanding employee stock options across four grants (strike prices $27.87, $22.93, $19.90, and $16.62) with respective expirations in 2030, 2031, 2032, and 2033, and zero vested/options exercised reported as of this Form 4. The reporter signed the form on 10/03/2025.

Positive

• Purchased 8.889 shares via the company’s Dividend Reinvestment and Stock Purchase Plan on 10/01/2025 at $22.50
• Beneficial ownership increased to 23,779.109 shares following the reported transaction
• Disclosure of employee option grants with specific strike prices and expiration dates enhances transparency

Negative

• None.

Insights

Corporate Governance Analyst

Insider used the DRIP to acquire a small number of shares, increasing holdings to 23,779.109.

The Form 4 records a purchase of 8.889 shares at $22.50 on 10/01/2025, reported under transaction code P, which the filer explains as purchases made via the company’s Dividend Reinvestment and Stock Purchase Plan.

The filing also discloses existing employee stock option grants with strike prices of $27.87, $22.93, $19.90, and $16.62 and expirations in 2030, 2031, 2032, and 2033. This report is a routine Section 16 disclosure showing an internal, plan-driven purchase rather than a market-timed acquisition.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Oliver Lawrence T.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		P(1)		8.889	A	$22.5	23,779.109	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
Employee Stock Options	$27.87							10/01/2020	04/01/2030	Common Stock	0		5,000	D
Employee Stock Options	$22.93							11/26/2021	05/26/2031	Common Stock	0		3,000	D
Employee Stock Options	$19.9							01/25/2023	07/25/2032	Common Stock	0		1,000	D
Employee Stock Options	$16.62							04/18/2024	10/18/2033	Common Stock	0		5,000	D

Explanation of Responses:

1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

	/s/ Lawrence T. Oliver	10/03/2025
	** 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 did RGC Resources insider Lawrence T. Oliver purchase (RGCO)?

The Form 4 shows a purchase of 8.889 shares of common stock on 10/01/2025 at $22.50 per share.

How many RGCO shares does the reporting person own after the transaction?

The reporting person beneficially owned 23,779.109 shares following the reported transaction.

Was this purchase part of a plan or a market trade?

Yes. The filer explained the purchase was made with an optional cash contribution under RGC Resources’ Dividend Reinvestment and Stock Purchase Plan.

What employee stock options does the Form 4 disclose for the reporting person?

The Form 4 lists option grants with strike prices of $27.87 (exps 04/01/2030), $22.93 (exps 05/26/2031), $19.90 (exps 07/25/2032), and $16.62 (exps 10/18/2033), each shown as outstanding in the filing.

When was the Form 4 signed and filed?

The reporting person signed the Form 4 on 10/03/2025, reflecting the 10/01/2025 transaction date.