RGC Resources director granted 97 shares at $21.57
Elizabeth A. McClanahan’s board-compensation award adds 97.049 shares at $21.57 each, and no Rule 10b5-1 trading plan is listed.
Rhea-AI Filing Summary
RGC RESOURCES INC (RGCO) reported that director Elizabeth A. McClanahan received a grant of common stock as board compensation. On September 1, 2026, she acquired 97.049 shares of common stock at a stated value of $21.57 per share under the Restricted Stock Plan for Outside Directors, bringing her direct holdings to 5,312.144 shares. No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 97.049 shares
Grant/Award
1 txn
Insider
McClanahan Elizabeth A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 97.049 | $21.57 | $2K |
Holdings After Transaction:
Common Stock — 5,312.144 shares (Direct)
Footnotes (1)
- F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
Key Figures
Shares granted: 97.049 shares
Grant value per share: $21.57 per share
Shares held after transaction: 5,312.144 shares
3 metrics
Shares granted
97.049 shares
Common stock grant to director on September 1, 2026
Grant value per share
$21.57 per share
Stated value for the September 1, 2026 stock grant
Shares held after transaction
5,312.144 shares
Director Elizabeth A. McClanahan’s direct RGCO holdings following the grant
Key Terms
Restricted Stock Plan for Outside Directors, Common Stock, grant, award, or other 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"
Common Stock financial
"security title reported as Common Stock in the non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant, award, or other acquisition financial
"transaction code described as Grant, award, or other acquisition"
FAQ
What insider transaction did RGCO disclose for Elizabeth A. McClanahan?
RGCO disclosed that director Elizabeth A. McClanahan received a grant of 97.049 shares of common stock on September 1, 2026 as compensation under the Restricted Stock Plan for Outside Directors, at a stated value of $21.57 per share.
Was the RGCO insider stock grant made under a Rule 10b5-1 plan?
No. The Form 4 for RGC RESOURCES INC indicates the Rule 10b5-1 checkbox is not marked, so this 97.049-share stock grant to Elizabeth A. McClanahan was not reported as being made under a Rule 10b5-1 trading plan.
What plan governed the RGCO stock issued to Elizabeth A. McClanahan?
The shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc., according to the transaction footnote in the Form 4.
Is the reported RGCO insider transaction a market purchase or a compensation award?
The transaction is reported as a grant, award, or other acquisition of 97.049 shares under the Restricted Stock Plan for Outside Directors, indicating it is a compensation-related stock award rather than an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.