RGCO director issued 100.444 shares at $22.50 — Form 4
Thomas J. Crawford, a director of RGC Resources, Inc. (RGCO), was issued 100.444 shares of common stock on 10/01/2025 under the company's Restricted Stock Plan for Outside Directors.
Rhea-AI Filing Summary
Thomas J. Crawford, a director of RGC Resources, Inc. (RGCO), was issued 100.444 shares of common stock on 10/01/2025 under the company's Restricted Stock Plan for Outside Directors. The shares were reported as acquired at a price of $22.50 per share and, following the issuance, Mr. Crawford beneficially owned 13,361.991 shares. The Form 4 was signed by power of attorney and filed on 10/03/2025. The filing notes the issuance resulted from an election under the director restricted stock plan; no derivative transactions or other dispositions are reported.
Positive
- None.
Negative
- None.
Insights
Routine director compensation: 100.444 restricted shares issued to align interests.
The transaction is a grant under the Restricted Stock Plan for Outside Directors, indicating compensation rather than a market purchase. The grant increased the reporting person's beneficial holdings to 13,361.991 shares, suggesting this was an incremental issuance, not a significant ownership change.
This Form 4 discloses no sales or derivative activity and reflects standard governance practice of awarding equity to non-employee directors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 100.444 | $22.50 | $2K |
Footnotes (1)
- F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
FAQ
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What did Thomas J. Crawford report on the Form 4 for RGCO?
When was the Form 4 transaction and filing dated?
Was this transaction a purchase or a grant?
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