RGC Resources (RGCO) director Archer granted 254 restricted shares at $22.22
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources director Jacqueline L. Archer acquired additional company stock through a board compensation plan. On 02/02/2026 she received 254.275 shares of common stock at $22.22 per share, issued under the Restricted Stock Plan for Outside Directors.
After this grant, she beneficially owns 21,098.197 common shares in total, held directly. This amount includes 172.972 restricted shares purchased the same day through dividends reinvested in the same outside directors’ restricted stock plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Archer Jacqueline L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 254.275 | $22.22 | $6K |
Holdings After Transaction:
Common Stock — 21,098.197 shares (Direct)
Footnotes (1)
- Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Includes 172.972 restricted stock shares purchased 02/02/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
FAQ
What insider transaction did RGC Resources (RGCO) disclose for Jacqueline L. Archer?
RGC Resources reported that director Jacqueline L. Archer acquired 254.275 common shares on 02/02/2026. The shares were issued under the company’s Restricted Stock Plan for Outside Directors as part of her board-related compensation, rather than an open-market purchase.
What is the RGC Resources Restricted Stock Plan for Outside Directors mentioned in the Form 4?
The Restricted Stock Plan for Outside Directors issues RGC Resources shares to non-employee directors as compensation. Archer’s 254.275-share grant and additional dividend-reinvested restricted shares on 02/02/2026 were both provided through this plan rather than regular cash compensation.
Is Jacqueline L. Archer’s ownership in RGC Resources (RGCO) direct or through another entity?
The report classifies Jacqueline L. Archer’s 21,098.197 RGC Resources shares as directly owned. There is no indication in the footnotes that these shares are held through a separate trust, LLC, or other indirect ownership vehicle.