RGC Resources SVP purchases shares under plan
RGC Resources executive Lawrence T. Oliver, Senior VP and Secretary, purchased 9.3070 shares of common stock on 2026-08-03 at 21.4900 per share through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan.
Rhea-AI Filing Summary
RGC Resources executive Lawrence T. Oliver, Senior VP and Secretary, purchased 9.3070 shares of common stock on 2026-08-03 at 21.4900 per share through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan. After this purchase, he directly owned 30,146.9150 shares of common stock, a total that includes 21.194 shares and 61.877 restricted shares acquired the same day via dividends reinvested in the company’s dividend reinvestment and restricted stock plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9.307 shares
Net Buy
5 txns
Insider
Oliver Lawrence T.
Role
Senior VP and Secretary
Bought
9.307 shs ($200.01)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 9.307 | $21.49 | $200.01 |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,146.915 shares (Direct);
Employee Stock Options — 0 contracts (Direct)
Footnotes (2)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
- F2. Includes 21.194 shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan and 61.877 restricted shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.
Key Figures
Shares purchased: 9.3070 shares
Purchase price: 21.4900 per share
Total direct holdings after transaction: 30,146.9150 shares
+3 more
6 metrics
Shares purchased
9.3070 shares
Common stock bought on 2026-08-03 by Senior VP and Secretary
Purchase price
21.4900 per share
Price paid for RGC Resources common stock on 2026-08-03
Total direct holdings after transaction
30,146.9150 shares
Direct common stock owned by Lawrence T. Oliver after the reported purchase
Dividend reinvestment shares
21.194 shares
Shares bought 2026-08-03 through dividends reinvested in Dividend Reinvestment and Stock Purchase Plan
Restricted shares from dividend reinvestment
61.877 shares
Restricted shares bought 2026-08-03 through dividends reinvested in Restricted Stock Plan
Employee stock option exercise price
27.8700 per share
Exercise price of one option grant expiring 2030-04-01
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Restricted Stock Plan, Employee Stock Options, optional cash contribution
4 terms
Dividend Reinvestment and Stock Purchase Plan financial
"Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
Restricted Stock Plan financial
"61.877 restricted shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan"
A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.
Employee Stock Options financial
"Employee Stock Options with underlying security title Common Stock and stated exercise prices and expirations"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
optional cash contribution financial
"Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did RGC Resources (RGCO) insider Lawrence T. Oliver buy?
Lawrence T. Oliver, Senior VP and Secretary, bought 9.3070 shares of RGC Resources common stock on 2026-08-03 at 21.4900 per share through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan.
Were the RGC Resources (RGCO) insider purchases made through a company plan?
Yes. The 9.3070-share purchase by Lawrence T. Oliver was made via optional cash contribution under the RGC Resources Dividend Reinvestment and Stock Purchase Plan, and his post-transaction holdings also include shares from dividends reinvested in company stock plans.
Does Lawrence T. Oliver hold employee stock options at RGC Resources (RGCO)?
He holds employee stock options on RGC Resources common stock with exercise prices of 27.8700, 22.9300, 19.9000, and 16.6200 per share, expiring between 2030-04-01 and 2033-10-18, as reported in the derivative position summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
