Director at RGC Resources (RGCO) receives 94.678-share stock award

Rhea-AI Filing Summary

McClanahan Elizabeth A reported acquisition or exercise transactions in this Form 4 filing.

RGC Resources director Elizabeth A. McClanahan received a stock award of 94.6780 shares of common stock at a value of $22.1100 per share. The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Following this grant, her directly owned holdings total 4,663.8260 common shares.

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

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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^*

McClanahan Elizabeth A

(Last) (First) (Middle)

P. O. BOX 13007

(Street)

ROANOKE VA 24030

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		A(1)		94.678	A	$22.11	4,663.826	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. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

	/s/ Elizabeth A. McClanahan by Timothy J. Mulvaney, POA dated 02/05/2024	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did RGC Resources (RGCO) report for Elizabeth A. McClanahan?

Elizabeth A. McClanahan received a grant of 94.6780 RGC Resources common shares. The award was issued under the Restricted Stock Plan for Outside Directors at a reference value of $22.1100 per share, increasing her directly held stake to 4,663.8260 shares.

Was the RGC Resources (RGCO) Form 4 transaction a purchase or an award?

The transaction was an award, not an open-market purchase. Elizabeth A. McClanahan acquired 94.6780 common shares as a grant under the Restricted Stock Plan for Outside Directors, reflecting compensation in stock rather than a discretionary share purchase.

How many RGC Resources (RGCO) shares does Elizabeth A. McClanahan now hold?

After the reported grant, Elizabeth A. McClanahan directly owns 4,663.8260 RGC Resources common shares. This total includes the 94.6780 shares awarded on March 2, 2026, under the company’s Restricted Stock Plan for Outside Directors.

What was the reference price for the RGC Resources (RGCO) director stock award?

The 94.6780-share award to Elizabeth A. McClanahan used a reference price of $22.1100 per RGC Resources common share. This price is part of the reported transaction details and helps indicate the approximate value of the equity-based director compensation.

Under what plan were the new RGC Resources (RGCO) shares issued to the director?

The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. This plan allows non-employee directors like Elizabeth A. McClanahan to receive company common stock as part of their overall compensation package.

Is the RGC Resources (RGCO) director’s ownership in this Form 4 direct or indirect?

The reported ownership is direct. The Form 4 indicates that Elizabeth A. McClanahan holds 4,663.8260 RGC Resources common shares directly in her name, including the 94.6780-share restricted stock award granted on March 2, 2026.