STOCK TITAN

RGC Resources (RGCO) director granted 215 shares under restricted stock plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ellett Frank Russell reported acquisition or exercise transactions in this Form 4 filing.

RGC Resources Inc. director Frank Russell Ellett reported receiving a grant of common stock under the company’s Restricted Stock Plan for Outside Directors. He was awarded 215.63 shares at a reference value of $24.27 per share, increasing his direct holdings to 14,772.732 shares after the transaction.

Positive

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Negative

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Insider Ellett Frank Russell
Role null
Type Security Shares Price Value
Grant/Award Common Stock 215.63 $24.27 $5K
Holdings After Transaction: Common Stock — 14,772.732 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 215.63 shares Common Stock grant to director on 2026-07-01
Grant reference price $24.27 per share Value used for the stock award
Shares held after grant 14,772.732 shares Director’s direct holdings following the transaction
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
"security_title: Common Stock; 215.63 shares granted at $24.27 per share"
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"
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SEC Form 4
FORM 4UNITED 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*
Ellett Frank Russell

(Last)(First)(Middle)
P. O. BOX 13007

(Street)
ROANOKE VIRGINIA 24030

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RGC RESOURCES INC [ RGCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026A(1)215.63A$24.2714,772.732D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Frank Russell Ellett by Timothy J. Mulvaney, POA dated 03/04/202607/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RGC Resources (RGCO) report for Frank Russell Ellett?

RGC Resources reported that director Frank Russell Ellett received a grant of 215.63 shares of common stock as an award under the Restricted Stock Plan for Outside Directors, rather than through an open-market purchase or sale.

How many RGC Resources (RGCO) shares did Frank Russell Ellett receive and at what value?

Frank Russell Ellett received 215.63 shares of RGC Resources common stock, recorded at $24.27 per share. This was a grant or award transaction, classified under code A, not an open-market trade by the director.

What are Frank Russell Ellett’s RGC Resources (RGCO) holdings after this Form 4 transaction?

After the reported grant, Frank Russell Ellett directly holds 14,772.732 shares of RGC Resources common stock. This figure reflects his position following the award under the Restricted Stock Plan for Outside Directors disclosed in the filing.

Was the RGC Resources (RGCO) Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded A, meaning a grant, award, or other acquisition of 215.63 shares, issued under the Restricted Stock Plan for Outside Directors rather than purchased on the open market.

What does the footnote in the RGC Resources (RGCO) Form 4 explain about the shares?

The footnote explains the shares were issued to the reporting person under an election in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc., clarifying they are compensation-related stock grants instead of discretionary market transactions by the director.