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[Form 4] RGC Resources Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

American International Group (AIG) filed a Form 4 indicating that non-employee director Courtney Leimkuhler acquired 17 deferred stock units (DSUs) on 07/01/2025. The DSUs represent dividend-equivalent rights attached to previously awarded DSUs under AIG’s 2021 Omnibus Incentive Plan and will convert to AIG common stock on a 1-for-1 basis when board service ends, unless a deferral election is made.

After the transaction, Leimkuhler beneficially owns 2,289 DSUs. The acquisition was coded “A” (award) rather than an open-market purchase and involved no cash consideration. Given the small size relative to AIG’s share count, the filing is viewed as a routine alignment of director compensation with shareholder interests rather than a signal of material corporate developments.

American International Group (AIG) ha presentato un modulo Form 4 che indica che la direttrice non dipendente Courtney Leimkuhler ha acquisito 17 unità azionarie differite (DSU) il 01/07/2025. Le DSU rappresentano diritti equivalenti ai dividendi collegati a DSU precedentemente assegnate nell'ambito del Piano Omnibus Incentivi 2021 di AIG e si convertiranno in azioni ordinarie AIG in rapporto 1 a 1 al termine del mandato nel consiglio, a meno che non venga effettuata un'elezione di differimento.

Dopo la transazione, Leimkuhler detiene beneficiariamente 2.289 DSU. L'acquisizione è stata classificata come “A” (assegnazione) e non come acquisto sul mercato aperto, e non ha comportato alcun compenso in denaro. Considerata la dimensione ridotta rispetto al numero di azioni di AIG, la comunicazione è vista come un normale allineamento della compensazione dei direttori con gli interessi degli azionisti, piuttosto che come un segnale di sviluppi aziendali significativi.

American International Group (AIG) presentó un Formulario 4 indicando que la directora externa Courtney Leimkuhler adquirió 17 unidades de acciones diferidas (DSU) el 01/07/2025. Las DSU representan derechos equivalentes a dividendos vinculados a DSU otorgadas previamente bajo el Plan de Incentivos Omnibus 2021 de AIG y se convertirán en acciones ordinarias de AIG en una proporción de 1 a 1 al finalizar el servicio en el consejo, a menos que se elija un diferimiento.

Tras la transacción, Leimkuhler posee beneficiosamente 2,289 DSU. La adquisición fue codificada como “A” (adjudicación) en lugar de una compra en el mercado abierto y no involucró consideración en efectivo. Dado el tamaño reducido en comparación con el número total de acciones de AIG, la presentación se considera un alineamiento rutinario de la compensación de los directores con los intereses de los accionistas, más que una señal de desarrollos corporativos importantes.

아메리칸 인터내셔널 그룹(AIG)은 비임원 이사인 코트니 레임쿨러가 2025년 7월 1일에 17개의 이연 주식 단위(DSU)를 취득했다는 내용을 담은 Form 4를 제출했습니다. 이 DSU는 AIG의 2021년 종합 인센티브 계획에 따라 이전에 부여된 DSU에 부여된 배당금 상당 권리이며, 이사회 임기가 종료될 때 1대 1 비율로 AIG 보통주로 전환됩니다. 단, 이연 선택을 한 경우는 제외됩니다.

거래 후 레임쿨러는 2,289 DSU를 실질적으로 보유하게 됩니다. 이번 취득은 공개 시장 매입이 아닌 “A”(수여)로 분류되었으며 현금 대가는 없었습니다. AIG의 총 주식 수에 비해 규모가 작기 때문에 이번 공시는 이사 보상과 주주 이익의 일상적인 정렬로 여겨지며 중대한 기업 발전의 신호로 보이지 않습니다.

American International Group (AIG) a déposé un formulaire 4 indiquant que la directrice externe Courtney Leimkuhler a acquis 17 unités d’actions différées (DSU) le 01/07/2025. Les DSU représentent des droits équivalents aux dividendes rattachés à des DSU attribuées précédemment dans le cadre du Plan d’Incitation Omnibus 2021 d’AIG et seront converties en actions ordinaires AIG à raison de 1 pour 1 à la fin du mandat au conseil, sauf en cas d’élection de report.

Après la transaction, Leimkuhler détient de manière bénéficiaire 2 289 DSU. L’acquisition a été codée « A » (attribution) plutôt que comme un achat sur le marché ouvert et n’a impliqué aucune contrepartie en espèces. Compte tenu de la faible taille par rapport au nombre d’actions d’AIG, cette déclaration est considérée comme un alignement habituel de la rémunération des administrateurs avec les intérêts des actionnaires plutôt qu’un signe de développements d’entreprise importants.

American International Group (AIG) reichte ein Formular 4 ein, das angibt, dass die nicht geschäftsführende Direktorin Courtney Leimkuhler am 01.07.2025 17 aufgeschobene Aktieneinheiten (DSUs) erworben hat. Die DSUs stellen dividendenäquivalente Rechte dar, die an zuvor gewährte DSUs im Rahmen des AIG Omnibus Incentive Plans 2021 gebunden sind und bei Beendigung der Vorstandstätigkeit im Verhältnis 1:1 in AIG-Stammaktien umgewandelt werden, sofern keine Aufschubwahl getroffen wird.

Nach der Transaktion besitzt Leimkuhler wirtschaftlich 2.289 DSUs. Der Erwerb wurde als „A“ (Zuteilung) und nicht als Kauf am offenen Markt codiert und erfolgte ohne Barzahlung. Aufgrund der geringen Größe im Verhältnis zur Gesamtzahl der AIG-Aktien wird die Meldung als routinemäßige Angleichung der Vergütung der Direktoren an die Interessen der Aktionäre angesehen und nicht als Hinweis auf wesentliche unternehmerische Entwicklungen.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine dividend-equivalent DSU award; negligible size; neutral investor impact.

The Form 4 documents a standard, plan-based equity accrual for a board member. The 17 DSUs (≈US$1,000 at recent prices) are immaterial versus AIG’s ~718 million shares outstanding. No market purchase was made, and there is no indication of insider sentiment change. The update does, however, reaffirm that director compensation remains equity-linked, modestly aligning incentives with shareholders. Overall, the disclosure carries no valuation or liquidity implications and should be considered non-impactful for investment theses.

American International Group (AIG) ha presentato un modulo Form 4 che indica che la direttrice non dipendente Courtney Leimkuhler ha acquisito 17 unità azionarie differite (DSU) il 01/07/2025. Le DSU rappresentano diritti equivalenti ai dividendi collegati a DSU precedentemente assegnate nell'ambito del Piano Omnibus Incentivi 2021 di AIG e si convertiranno in azioni ordinarie AIG in rapporto 1 a 1 al termine del mandato nel consiglio, a meno che non venga effettuata un'elezione di differimento.

Dopo la transazione, Leimkuhler detiene beneficiariamente 2.289 DSU. L'acquisizione è stata classificata come “A” (assegnazione) e non come acquisto sul mercato aperto, e non ha comportato alcun compenso in denaro. Considerata la dimensione ridotta rispetto al numero di azioni di AIG, la comunicazione è vista come un normale allineamento della compensazione dei direttori con gli interessi degli azionisti, piuttosto che come un segnale di sviluppi aziendali significativi.

American International Group (AIG) presentó un Formulario 4 indicando que la directora externa Courtney Leimkuhler adquirió 17 unidades de acciones diferidas (DSU) el 01/07/2025. Las DSU representan derechos equivalentes a dividendos vinculados a DSU otorgadas previamente bajo el Plan de Incentivos Omnibus 2021 de AIG y se convertirán en acciones ordinarias de AIG en una proporción de 1 a 1 al finalizar el servicio en el consejo, a menos que se elija un diferimiento.

Tras la transacción, Leimkuhler posee beneficiosamente 2,289 DSU. La adquisición fue codificada como “A” (adjudicación) en lugar de una compra en el mercado abierto y no involucró consideración en efectivo. Dado el tamaño reducido en comparación con el número total de acciones de AIG, la presentación se considera un alineamiento rutinario de la compensación de los directores con los intereses de los accionistas, más que una señal de desarrollos corporativos importantes.

아메리칸 인터내셔널 그룹(AIG)은 비임원 이사인 코트니 레임쿨러가 2025년 7월 1일에 17개의 이연 주식 단위(DSU)를 취득했다는 내용을 담은 Form 4를 제출했습니다. 이 DSU는 AIG의 2021년 종합 인센티브 계획에 따라 이전에 부여된 DSU에 부여된 배당금 상당 권리이며, 이사회 임기가 종료될 때 1대 1 비율로 AIG 보통주로 전환됩니다. 단, 이연 선택을 한 경우는 제외됩니다.

거래 후 레임쿨러는 2,289 DSU를 실질적으로 보유하게 됩니다. 이번 취득은 공개 시장 매입이 아닌 “A”(수여)로 분류되었으며 현금 대가는 없었습니다. AIG의 총 주식 수에 비해 규모가 작기 때문에 이번 공시는 이사 보상과 주주 이익의 일상적인 정렬로 여겨지며 중대한 기업 발전의 신호로 보이지 않습니다.

American International Group (AIG) a déposé un formulaire 4 indiquant que la directrice externe Courtney Leimkuhler a acquis 17 unités d’actions différées (DSU) le 01/07/2025. Les DSU représentent des droits équivalents aux dividendes rattachés à des DSU attribuées précédemment dans le cadre du Plan d’Incitation Omnibus 2021 d’AIG et seront converties en actions ordinaires AIG à raison de 1 pour 1 à la fin du mandat au conseil, sauf en cas d’élection de report.

Après la transaction, Leimkuhler détient de manière bénéficiaire 2 289 DSU. L’acquisition a été codée « A » (attribution) plutôt que comme un achat sur le marché ouvert et n’a impliqué aucune contrepartie en espèces. Compte tenu de la faible taille par rapport au nombre d’actions d’AIG, cette déclaration est considérée comme un alignement habituel de la rémunération des administrateurs avec les intérêts des actionnaires plutôt qu’un signe de développements d’entreprise importants.

American International Group (AIG) reichte ein Formular 4 ein, das angibt, dass die nicht geschäftsführende Direktorin Courtney Leimkuhler am 01.07.2025 17 aufgeschobene Aktieneinheiten (DSUs) erworben hat. Die DSUs stellen dividendenäquivalente Rechte dar, die an zuvor gewährte DSUs im Rahmen des AIG Omnibus Incentive Plans 2021 gebunden sind und bei Beendigung der Vorstandstätigkeit im Verhältnis 1:1 in AIG-Stammaktien umgewandelt werden, sofern keine Aufschubwahl getroffen wird.

Nach der Transaktion besitzt Leimkuhler wirtschaftlich 2.289 DSUs. Der Erwerb wurde als „A“ (Zuteilung) und nicht als Kauf am offenen Markt codiert und erfolgte ohne Barzahlung. Aufgrund der geringen Größe im Verhältnis zur Gesamtzahl der AIG-Aktien wird die Meldung als routinemäßige Angleichung der Vergütung der Direktoren an die Interessen der Aktionäre angesehen und nicht als Hinweis auf wesentliche unternehmerische Entwicklungen.

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*
AGEE NANCY H

(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)
07/01/2025
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 07/01/2025 A(1) 272.913 A $22.84 59,743.824(2) I Trust
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. Reporting person has 51,134.297 shares in a revocable trust for which she serves as trustee. Includes 8,609.527 shares previously owned by her spouse, which have been transferred to a revocable trust for which the spouse serves as trustee.
/s/ Nancy H. Agee by Timothy J. Mulvaney, POA dated 02/05/2024 07/03/2025
** 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 AIG disclose in the July 1, 2025 Form 4 filing?

The company reported that director Courtney Leimkuhler received 17 deferred stock units as dividend-equivalent compensation.

How many AIG DSUs does Courtney Leimkuhler now own in total?

After the award, the director beneficially owns 2,289 DSUs.

When will the newly awarded DSUs convert into AIG common shares?

The DSUs settle on a 1-to-1 basis on the last trading day of the month in which the director’s board service ends, unless deferred further.

Was the transaction an open-market purchase?

No. It was an “A” coded award under AIG’s 2021 Omnibus Incentive Plan and involved no cash consideration.

Does this Form 4 signal any significant change in AIG’s outlook?

The transaction is routine and not considered material; it does not alter AIG’s operational or financial outlook.
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