[Form 4] RGC Resources Inc Insider Trading Activity

Rhea-AI Filing Summary

RGC Resources Inc. (RGCO) – Form 4 insider transaction: On 1 Aug 2025, Vice President-Field Operations Thomas Patrick Furcron bought 21.85 RGCO common shares at $19.68 per share under the company’s Dividend Reinvestment & Stock Purchase Plan (transaction code P). The purchase lifted his direct holdings to 1,048.754 shares. No derivative transactions or dispositions were reported. The filing was signed on 5 Aug 2025.

Positive

• Insider purchase (code P) suggests personal confidence in RGCO’s prospects.
• No shares were sold; position increased to 1,048.754 shares.

Negative

• Very small volume (21.85 shares, ≈$430) limits informational value for investors.
• No accompanying commentary on business outlook; limited insight beyond transaction itself.

Insights

Equity Analyst

TL;DR: Small insider buy; marginally positive signal, not material to valuation.

The purchase represents ≈$430 (21.85 sh × $19.68), boosting Furcron’s stake to roughly $20.6k at current prices. Insider buying—even in modest amounts—can indicate confidence, yet the transaction is too small to influence the float or signal meaningful strategic change. No 10b5-1 plan box was checked, suggesting discretionary action. From a governance lens, ownership remains immaterial (<0.01 % of 8.9 m shares o/s), so portfolio impact is negligible.

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)
08/01/2025

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	08/01/2025		P(1)		21.85	A	$19.68	1,048.754(2)	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.

2. Includes 10.714 shares purchased 08/01/2025 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

	/s/ Thomas Patrick Furcron by Lawrence T. Oliver, POA dated 06/02/2025	08/05/2025
	** 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 Thomas P. Furcron buy on 1 Aug 2025?

He acquired 21.85 common shares.

What price did the insider pay for RGCO stock?

The reported purchase price was $19.68 per share.

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

His direct holdings stand at 1,048.754 shares.

Was the RGCO purchase part of a dividend reinvestment plan?

Yes. The filing cites the Dividend Reinvestment & Stock Purchase Plan as the purchase vehicle.

Does the filing reference a Rule 10b5-1 trading plan?

The 10b5-1 checkbox is not marked; the trade appears discretionary.