[Form 4] RGC Resources Inc Insider Trading Activity

Rhea-AI Filing Summary

Jacqueline L. Archer, a director of RGC Resources, Inc. (RGCO), received 236.535 shares of Common Stock on 09/02/2025 under the companys Restricted Stock Plan for Outside Directors. The shares were issued at a price of $22.125 and, after the transaction, Ms. Archer beneficially owned a total of 19,541.874 shares. The Form 4 was signed by Ms. Archer by power of attorney on 09/03/2025.

This filing documents a non-derivative acquisition by a director through an internal election under the issuers director restricted stock plan; no options, disposals, or derivative transactions are reported.

Positive

• Director alignment with shareholders: Ms. Archer received restricted shares under the Outside Directors Restricted Stock Plan, aligning her interests with shareholders.
• Transparency: The transaction is fully disclosed with transaction date, share amount (236.535), price ($22.125), and resulting beneficial ownership (19,541.874).

Negative

• None.

Insights

Securities Analyst

TL;DR: Director acquired 236.535 restricted shares at $22.125, raising beneficial ownership to 19,541.874 shares.

The Form 4 reports a routine grant/issuance under the Restricted Stock Plan for Outside Directors, dated 09/02/2025, recorded as an acquisition (code A). The transaction size (236.535 shares) is small relative to the reported total beneficial ownership, indicating this is a routine equity compensation event rather than a material ownership change. The reported price likely reflects the grant accounting value or nominal price for issuance; no derivative instruments or disposals were reported. Filing executed by POA on 09/03/2025.

Corporate Governance Expert

TL;DR: Issuance stems from a standard director restricted stock election; governance implications are routine and administrative.

The disclosure explicitly states the shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors. This is a common mechanism to compensate board members and aligns director incentives with shareholders. The Form 4 provides clear documentation of timing, amount, and resulting beneficial ownership; there are no indications of unusual timing, related-party transfers, or derivative activity in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Archer Jacqueline L.

(Last) (First) (Middle)

P. O. BOX 13007

(Street)

ROANOKE VA 24030

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RGC RESOURCES INC [ RGCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025		A(1)		236.535	A	$22.125	19,541.874	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

	/s/ Jacqueline L. Archer by Timothy J. Mulvaney, POA dated 02/05/2024	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Jacqueline L. Archer report on the Form 4 for RGCO?

She reported an acquisition of 236.535 shares of Common Stock on 09/02/2025 under the Restricted Stock Plan for Outside Directors.

How many RGCO shares does Jacqueline L. Archer own after the transaction?

19,541.874 shares beneficially owned following the reported transaction.

What was the reported price per share for the RGCO issuance?

$22.125 per share is shown on the Form 4 for the acquired shares.

Was this transaction a derivative or an option exercise?

No. The filing shows a non-derivative acquisition (Common Stock); Table II reports no derivative transactions.

When was the Form 4 signed and by whom?

Signed 09/03/2025 by Jacqueline L. Archer by Timothy J. Mulvaney, POA dated 02/05/2024.