RGC Resources (RGCO) director granted 233 shares as board compensation
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 232.798 shares of Common Stock valued at $24.27 per share. The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc., so this is compensation rather than an open-market purchase.
After this award, Archer directly holds a total of 22,491.717 shares of RGC Resources common stock, indicating the grant is small relative to her overall reported position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Archer Jacqueline L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 232.798 | $24.27 | $6K |
Holdings After Transaction:
Common Stock — 22,491.717 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 232.798 shares
Grant value per share: $24.27 per share
Total shares after transaction: 22,491.717 shares
+1 more
4 metrics
Shares granted
232.798 shares
Common Stock grant to director on 2026-07-01
Grant value per share
$24.27 per share
Reported price for the stock award
Total shares after transaction
22,491.717 shares
Director’s direct holdings following grant
Transaction type
Grant, award, or other acquisition
Form 4 transaction code A
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 of RGC Resources, Inc."
Common Stock financial
"Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."
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_description: Grant, award, or other acquisition"
FAQ
What insider transaction did RGC Resources (RGCO) report for Jacqueline L. Archer?
RGC Resources reported that director Jacqueline L. Archer received 232.798 shares of Common Stock. The shares were granted as compensation under the company’s Restricted Stock Plan for Outside Directors, rather than acquired through an open-market purchase on a stock exchange.
Was the RGC Resources (RGCO) director grant an open-market insider purchase?
No, the transaction was not an open-market purchase. The footnote explains the shares were issued under the Restricted Stock Plan for Outside Directors, meaning they are a form of equity compensation rather than shares bought by the director in the public market.