RGC Resources CEO buys 500 shares at $21.30

RGC Resources’ President & CEO increased his direct common stock holdings through a 500-share open-market purchase.

Rhea-AI Filing Summary

RGC RESOURCES INC (RGCO) director and President & CEO Paul W. Nester purchased 500 shares of common stock on September 10, 2026 in an open-market or private transaction at $21.30 per share. Following this purchase, he directly holds 134,212.588 shares of RGCO common stock.

The reported holdings include fractional shares accumulated through dividend reinvestment in the company’s Dividend Reinvestment Stock Purchased Plan and Restricted Stock Plan on February 2, 2026, May 1, 2026, and August 3, 2026. No Rule 10b5-1 trading plan is reported for this transaction.

Insider Trade Summary

Net Buyer: 500 shares

Net Buy 1 txn

Insider Nester Paul W

Role President & CEO

Bought 500 shs ($11K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	500	$21.30	$11K

Holdings After Transaction: Common Stock — 134,212.588 shares (Direct)

Footnotes (1)

1. F1. Includes 104.223 shares purchased 02/02/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan and 151.526 restricted shares purchased 02/02/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan. Also includes 95.004 shares purchased 05/01/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan and 139.339 restricted shares purchased 05/01/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan. Also includes 107.965 shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan and 159.617 restricted shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.

Key Figures

Shares purchased: 500 shares Purchase price per share: $21.30 per share Shares owned after transaction: 134,212.588 shares +3 more

6 metrics

Shares purchased 500 shares Common stock bought by Paul W. Nester on September 10, 2026

Purchase price per share $21.30 per share Open-market or private purchase on September 10, 2026

Shares owned after transaction 134,212.588 shares Direct RGCO common stock holdings of Paul W. Nester following the purchase

Dividend reinvestment shares on February 2, 2026 255.749 shares 104.223 shares via Dividend Reinvestment Stock Purchased Plan and 151.526 restricted shares

Dividend reinvestment shares on May 1, 2026 234.343 shares 95.004 shares via Dividend Reinvestment Stock Purchased Plan and 139.339 restricted shares

Dividend reinvestment shares on August 3, 2026 267.582 shares 107.965 shares via Dividend Reinvestment Stock Purchased Plan and 159.617 restricted shares

Key Terms

Dividend Reinvestment Stock Purchased Plan, Restricted Stock Plan, restricted shares

3 terms

Dividend Reinvestment Stock Purchased Plan financial

"Includes shares purchased through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan"

Restricted Stock Plan financial

"Includes restricted shares purchased through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan"

A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.

restricted shares financial

"Includes 151.526 restricted shares purchased 02/02/2026 through dividends reinvested"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RGCO’s President & CEO report on this Form 4?

Paul W. Nester, President & CEO of RGCO, reported buying 500 shares of RGC Resources common stock on September 10, 2026 in an open-market or private transaction at $21.30 per share, increasing his direct ownership.

How many RGCO shares does Paul W. Nester own after this transaction?

After the reported purchase, Paul W. Nester directly owns 134,212.588 shares of RGC Resources common stock. This total includes fractional shares accumulated through dividend reinvestment and restricted stock dividend reinvestment plans described in the footnote.

At what price did the RGCO insider buy shares on September 10, 2026?

On September 10, 2026, Paul W. Nester purchased 500 RGCO shares at $21.30 per share in an open-market or private transaction, as disclosed in the Form 4 filing.

Were the RGCO insider’s September 10, 2026 trades under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked, and there is no footnote indicating a trading plan, so no Rule 10b5-1 plan is reported for this transaction.

How do dividend reinvestment plans affect Paul W. Nester’s RGCO share count?

His reported holdings include fractional shares from dividends reinvested on February 2, 2026, May 1, 2026, and August 3, 2026 through the Dividend Reinvestment Stock Purchased Plan and the Restricted Stock Plan, as detailed in the footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/11/2026 - 08:56 AM Accepted by SEC EDGAR 09/11/2026 - 08:56 AM Learn about SEC filing dates

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^*

Nester Paul W

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/10/2026		P		500	A	$21.3	134,212.588(1)	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. Includes 104.223 shares purchased 02/02/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan and 151.526 restricted shares purchased 02/02/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan. Also includes 95.004 shares purchased 05/01/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan and 139.339 restricted shares purchased 05/01/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan. Also includes 107.965 shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchased Plan and 159.617 restricted shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.

	/s/ Paul W. Nester	09/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)