RGC Resources VP Trims Stake, Retains 997 Shares After $6k Sale

Rhea-AI Filing Summary

RGC Resources Inc. (RGCO) – Insider Transaction Report (Form 4)

On 24 June 2025, Thomas Patrick Furcron, Vice President – Field Operations, sold 272 shares of RGCO common stock at an average price of $22.1551 per share, for an estimated total value of roughly $6,000. Following the sale, Furcron’s direct holdings stand at 997.363 shares. No derivative securities were reported.

The filing represents a routine Section 16 disclosure, with no accompanying narrative explaining the motivation for the trade. The transaction reduced Furcron’s directly held position by approximately 21% compared with the pre-sale amount (1,269.363 shares). No other insiders or additional transactions were disclosed in this filing.

Positive

• Insider retains nearly 1,000 shares, demonstrating continued ownership alignment.

Negative

• Officer-level insider is reducing position, selling ~21% of previously held shares.
• Insider sale may signal caution, though dollar amount is small (~$6k).

Insights

Equity Analyst

TL;DR: Small RGCO insider sale; dollar value < $10k, unlikely to affect valuation.

Furcron’s disposition of 272 shares is modest in both absolute (~$6k) and relative (about one-fifth of his personal stake) terms. The filing shows no pattern of accelerated selling, and his remaining ~1k shares indicates continued exposure. Given RGCO’s 30-day average trading volume, this sale is immaterial and should not exert measurable market pressure. The lack of derivative activity and the officer’s mid-management title further limit signaling value. Overall, the event is neutral for investors.

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)
06/24/2025

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	06/24/2025		S		272	D	$22.1551	997.363	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:

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

He sold 272 shares of RGCO common stock.

What was the sale price for the RGCO shares?

The average price reported was $22.1551 per share.

How many RGCO shares does the insider still own?

After the transaction, Furcron holds 997.363 shares directly.

Does the filing include any derivative securities activity?

No, the Form 4 shows no derivatives acquired or disposed.

Is this insider sale significant for RGCO investors?

Given the small dollar value (~$6k) and limited share count, the impact is generally viewed as immaterial.