RGC Resources (RGCO) director granted 278 shares under stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources director Abney S. Boxley III received additional company stock as compensation. On July 1, 2026, he acquired 278.121 shares of common stock at an indicated value of $24.27 per share through a grant under the Restricted Stock Plan for Outside Directors.
After this award, his reported holdings total 69,955.589 shares, including shares held directly and 375.000 shares held indirectly through a UTMA account for his child. This was a routine equity compensation grant, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOXLEY ABNEY S III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 278.121 | $24.27 | $7K |
Holdings After Transaction:
Common Stock — 69,955.589 shares (Direct, null)
Footnotes (1)
- Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Includes 69,580.589 shares owned directly by reporting person and includes 375.000 shares owned indirectly through UTMA for the reporting person's child.
Key Figures
Shares granted: 278.121 shares
Grant value per share: $24.27 per share
Total holdings after grant: 69,955.589 shares
+2 more
5 metrics
Shares granted
278.121 shares
Common Stock grant on July 1, 2026
Grant value per share
$24.27 per share
Reported price for awarded shares
Total holdings after grant
69,955.589 shares
Common Stock owned after transaction
Directly owned shares
69,580.589 shares
Direct ownership reported in footnote
Indirect UTMA shares
375.000 shares
Held through UTMA for reporting person’s child
Key Terms
Restricted Stock Plan for Outside Directors, UTMA, grant/award acquisition
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."
UTMA financial
"includes 375.000 shares owned indirectly through UTMA for the reporting person's child."
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What insider transaction did RGC Resources (RGCO) report for Abney S. Boxley III?
RGC Resources reported that director Abney S. Boxley III received a grant of 278.121 shares of common stock. The shares were awarded as equity compensation rather than bought on the market, reflecting routine director compensation under a company stock plan.
At what value was the RGC Resources (RGCO) stock grant to Abney S. Boxley III recorded?
The 278.121-share grant to Abney S. Boxley III was recorded at $24.27 per share. This value is used for reporting the stock award and does not represent an open-market purchase price, as the shares were granted under a director compensation plan.
Was the RGC Resources (RGCO) Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was classified as a grant or award acquisition, with 278.121 shares issued to Abney S. Boxley III under the Restricted Stock Plan for Outside Directors, representing routine equity compensation rather than trading activity.
What plan governed the RGC Resources (RGCO) stock grant to Abney S. Boxley III?
The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. This plan allows outside directors to receive company stock as part of their compensation, and the reported grant reflects an election made pursuant to that plan.