RGC Resources director receives stock grant
Archer Jacqueline L. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 232.798 | $24.27 | $6K |
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
Key Terms
Restricted Stock Plan for Outside Directors financial
Common Stock financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did RGC Resources (RGCO) report for Jacqueline L. Archer?
Was the RGC Resources (RGCO) director grant an open-market insider purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.