RGC Resources officer buys 9.272 shares at $21.57
Lawrence T. Oliver bought 9.272 shares at $21.57 on Sept. 1, 2026, taking his directly held stake to 30,156.187, not under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
RGC RESOURCES INC (RGCO) reported that officer Lawrence T. Oliver, Senior VP and Secretary, purchased 9.272 shares of common stock on September 1, 2026 at $21.57 per share. The purchase was made with an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan, and brought his directly held common shares to 30,156.187 after the transaction. The filing states these trades were not made under a Rule 10b5-1 trading plan. It also lists several outstanding employee stock option positions with exercise prices between $16.62 and $27.87 and expirations from April 1, 2030 through October 18, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9.272 shares
Net Buy
5 txns
Insider
Oliver Lawrence T.
Role
Senior VP and Secretary
Bought
9.272 shs ($200.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 9.272 | $21.57 | $200.00 |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,156.187 shares (Direct);
Employee Stock Options — 0 contracts (Direct)
Footnotes (1)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Common shares purchased: 9.272 shares
Purchase price: $21.57 per share
Common shares held after transaction: 30,156.187 shares
+3 more
6 metrics
Common shares purchased
9.272 shares
Purchase of RGCO common stock on September 1, 2026
Purchase price
$21.57 per share
Price paid for RGCO common stock on September 1, 2026
Common shares held after transaction
30,156.187 shares
Direct RGCO common stock holdings of Lawrence T. Oliver after September 1, 2026 purchase
Employee stock option exercise price
$27.87
Exercise price of an employee stock option expiring April 1, 2030
Employee stock option exercise price
$16.62
Exercise price of an employee stock option expiring October 18, 2033
Employee stock option expiration
April 1, 2030
Expiration date of an employee stock option with a $27.87 exercise price
Key Terms
Dividend Reinvestment and Stock Purchase Plan, optional cash contribution, Employee Stock Options
3 terms
Dividend Reinvestment and Stock Purchase Plan financial
"pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
optional cash contribution financial
"Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
Employee Stock Options financial
"Security title listed as Employee Stock Options in the holdings table"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
FAQ
What insider transaction did RGCO report for Lawrence T. Oliver on September 1, 2026?
Lawrence T. Oliver purchased 9.272 shares of RGCO common stock on September 1, 2026 at $21.57 per share. The trade increased his directly held common shares to 30,156.187 according to the filing.
How did the RGCO insider purchase on September 1, 2026 take place?
The filing states the 9.272-share purchase was made using an optional cash contribution under the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan, rather than as a standard open-market trade.
What are Lawrence T. Oliver’s RGCO common stock holdings after this Form 4 transaction?
After the September 1, 2026 purchase, Lawrence T. Oliver directly held 30,156.187 shares of RGCO common stock, as reported in the Form 4.
Was the RGCO insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the September 1, 2026 transactions were not made pursuant to a Rule 10b5-1 trading plan, meaning they were not executed under a pre-arranged trading program.
What employee stock options for RGCO does Lawrence T. Oliver have outstanding?
The filing lists several employee stock option positions on RGCO common stock with exercise prices of $27.87, $22.93, $19.90, and $16.62, expiring between April 1, 2030 and October 18, 2033. The filing does not state option share quantities.
What role does Lawrence T. Oliver hold at RGCO in this Form 4?
The reporting person, Lawrence T. Oliver, is identified as an officer of RGC RESOURCES INC, serving as Senior VP and Secretary, according to the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
