RGC Resources (RGCO) VP discloses stock purchase and award on Form 4
Rhea-AI Filing Summary
RGC Resources executive Christen Brooke Miles, VP of Human Resources, reported two stock transactions involving company common shares. On 01/02/2026, Miles purchased 4.673 shares of common stock at $21.40 per share through the company’s Dividend Reinvestment and Stock Purchase Plan. On the same date, Miles received an award of 2,736 shares of restricted stock at a stated value of $21.40 per share under the Restricted Stock Plan.
The restricted shares are scheduled to vest over three years, with 912.000 shares vesting on 01/02/2026, 912.000 on 01/04/2027, and 912.000 on 01/03/2028. Following these transactions, Miles directly owned 9,624.281 common shares, including 2,712.334 shares of unvested restricted stock from current and prior grants. Miles also held 5,000 employee stock options with a $16.62 exercise price, exercisable from 04/18/2024 and expiring on 10/18/2033.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4.673 | $21.40 | $100.00 |
| Grant/Award | Common Stock | 2,736 | $21.40 | $59K |
| holding | Employee Stock Options | -- | -- | -- |
Footnotes (3)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
- F2. Shares issued on 01/02/2026 to reporting person pursuant to an award under the Restricted Stock Plan to be vested over a three-year period with 912.000 shares vesting on 01/02/2026, 912.000 shares vesting on 01/04/2027, and 912.000 shares vesting on 01/03/2028.
- F3. Total includes 2,712.334 shares of unvested restricted stock from current and prior grants.
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FAQ
What insider transactions did RGCO VP Christen Brooke Miles report?
Christen Brooke Miles, VP of Human Resources at RGC Resources, reported buying 4.673 common shares at $21.40 and receiving a 2,736-share restricted stock award on 01/02/2026.
What stock options does the RGCO VP hold according to this Form 4?
Miles held 5,000 employee stock options with a $16.62 exercise price, exercisable from 04/18/2024 and expiring on 10/18/2033, tied to shares of RGC Resources common stock.