RGC Resources (RGCO) director granted 215 shares under restricted stock plan
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Shares granted: 215.63 shares
Grant reference price: $24.27 per share
Shares held after grant: 14,772.732 shares
3 metrics
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
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
"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"
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.
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.