Director Jacqueline Archer granted 255 RGCO shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Archer Jacqueline L. reported acquisition or exercise transactions in this Form 4 filing.
RGC Resources director Jacqueline L. Archer received a grant of 255.54 shares of common stock as equity compensation. The shares were issued on March 2, 2026 at a reference price of $22.11 per share under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. After this award, Archer directly holds a total of 21,353.737 common shares. This reflects stock-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Archer Jacqueline L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 255.54 | $22.11 | $6K |
Holdings After Transaction:
Common Stock — 21,353.737 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RGCO report for Jacqueline L. Archer?
RGC Resources reported that director Jacqueline L. Archer received a grant of 255.54 common shares. The award was issued as equity compensation under the Restricted Stock Plan for Outside Directors, rather than through an open-market stock purchase or sale.
Was the RGCO insider transaction a market purchase or compensation grant?
The RGCO insider transaction was a compensation grant, not a market purchase. The footnote explains that shares were issued to Archer pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc., indicating stock-based director compensation.
When did the RGCO insider equity grant to Jacqueline L. Archer occur?
The equity grant to Jacqueline L. Archer occurred on March 2, 2026. On that date, she received 255.54 shares of RGC Resources common stock as an award under the company’s Restricted Stock Plan for Outside Directors, increasing her direct ownership stake.
What role does Jacqueline L. Archer hold at RGC Resources (RGCO)?
Jacqueline L. Archer is a director of RGC Resources. The reported transaction reflects shares issued to her under the Restricted Stock Plan for Outside Directors, which is specifically designed to provide equity compensation to non-employee members of the company’s board.