RGC Resources (NASDAQ: RGCO) VP logs stock buy and 2,622-share grant
Rhea-AI Filing Summary
RGC Resources VP Thomas Patrick Furcron, VP of Field Operations, reported two transactions in company common stock on 01/02/2026. He purchased 20.093 shares at $21.40 per share through optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan. On the same date, he was issued 2,622 shares under a Restricted Stock Plan at a reporting price of $21.40 per share.
The restricted award is scheduled to vest over three years, with 874.000 shares vesting on 01/02/2026, 874.000 shares on 01/04/2027, and 874.000 shares on 01/03/2028. After these transactions, Furcron directly beneficially owned 3,789.725 shares of RGC Resources common stock, including 1,748.000 shares of unvested restricted stock from the current grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20.093 | $21.40 | $429.99 |
| Grant/Award | Common Stock | 2,622 | $21.40 | $56K |
Footnotes (1)
- Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan. Shares issued on 01/02/2026 to reporting person pursuant to an award under the Restricted Stock Plan to be vested over a three-year period with 874.000 shares vesting on 01/02/2026, 874.000 shares vesting on 01/04/2027, and 874.000 shares vesting on 01/03/2028. Total includes 1,748.000 shares of unvested restricted stock from current grant.
FAQ
What insider activity did RGCO executive Thomas Patrick Furcron report?
Thomas Patrick Furcron, VP of Field Operations at RGC Resources (RGCO), reported buying 20.093 shares of common stock and receiving an award of 2,622 restricted shares on 01/02/2026.
At what price were Furcrons RGCO transactions reported?
Both the 20.093-share purchase under the Dividend Reinvestment and Stock Purchase Plan and the 2,622-share restricted stock award were reported at $21.40 per share.
What plans were involved in Furcrons RGCO stock transactions?
The 20.093-share purchase was made through the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan, and the 2,622-share grant was issued under the companys Restricted Stock Plan.