[Form 4] RGC Resources Inc Insider Trading Activity

Rhea-AI Filing Summary

Form 4 overview – RGC Resources Inc. (RGCO)

Vice-President of Field Operations Thomas Patrick Furcron reported a routine purchase of company stock executed on 1 July 2025. The transaction was completed through the company’s Dividend Reinvestment and Stock Purchase Plan and is coded “P,” indicating an open-market or plan purchase.

• Shares acquired: 18.827 common shares
• Price paid: $22.84 per share
• Total value: ≈ $430
• Total ownership after purchase: 1,016.19 shares (direct)

No derivative securities were involved and no other changes to insider ownership were disclosed. The filing does not reference any material corporate events, earnings data, or strategic developments; it purely documents a modest increase in insider holdings via an established reinvestment plan. Given the small size of the transaction relative to RGCO’s share count and daily trading volume, the market impact is expected to be minimal.

Insights

Securities Analyst

TL;DR: Small dividend-reinvestment purchase; immaterial to valuation but modestly signals insider confidence.

The Form 4 shows Furcron buying roughly $430 of RGCO shares through the existing DRIP. Such automatic or plan-based acquisitions are generally viewed as neutral because they do not necessarily reflect an active valuation call—participation is often habitual. The trade increases his direct stake to just over 1,000 shares, a negligible percentage of the company’s float. There is no indication of material information or upcoming catalysts. From a governance perspective, continued insider accumulation—even if minor—can be marginally encouraging, but the scale is far below thresholds that influence institutional models. Overall impact on the investment thesis: neutral.

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^*

Furcron Thomas Patrick

(Last) (First) (Middle)

519 KIMBALL AVENUE, NE

(Street)

ROANOKE VA 24016

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Field Operations

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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	07/01/2025		P(1)		18.827	A	$22.84	1,016.19	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. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

	/s/ Thomas Patrick Furcron by Timothy J. Mulvaney, POA dated 06/02/2025	07/03/2025
	** 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

How many RGCO shares did insider Thomas Patrick Furcron buy on 1 July 2025?

He acquired 18.827 common shares.

What was the purchase price for the RGCO shares?

The shares were bought at $22.84 per share.

What is Furcron’s total direct ownership in RGCO after the transaction?

After the purchase, he beneficially owns 1,016.19 shares.

Was the RGCO insider trade part of a 10b5-1 plan or DRIP?

Yes, it was executed via the Dividend Reinvestment and Stock Purchase Plan, which qualifies as a plan purchase (code “P”).

Does this Form 4 filing signal any major corporate event at RGC Resources?

No. The filing only records a small routine purchase; it does not disclose earnings, M&A, or other strategic events.