RGC Resources (RGCO) director receives new restricted stock grant

Rhea-AI Filing Summary

RGC Resources director Abney S. Boxley III received a stock grant under the company’s Restricted Stock Plan for Outside Directors. He acquired 276.639 shares of common stock at $24.4000 per share as a compensation-related award, not an open-market purchase.

After this grant and dividend reinvestments, he holds a total of 69,382.708 shares, including 69,007.708 shares owned directly, 474.300 restricted shares acquired through dividends reinvested in the plan, and 375.000 shares held indirectly under UTMA for his child.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BOXLEY ABNEY S III

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	276.639	$24.40	$7K

Holdings After Transaction: Common Stock — 69,382.708 shares (Direct, null)

Footnotes (1)

1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Includes 69,007.708 shares owned directly by reporting person and includes 474.300 restricted shares purchased 05/01/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Also includes 375.000 shares owned indirectly through UTMA for the reporting person's child.

Key Figures

Stock award shares: 276.639 shares Award price per share: $24.4000 per share Total shares after transaction: 69,382.708 shares +3 more

6 metrics

Stock award shares 276.639 shares Common Stock grant to director on 2026-05-01

Award price per share $24.4000 per share Price per share for the 276.639 awarded shares

Total shares after transaction 69,382.708 shares Holdings following the 2026-05-01 award

Directly owned shares 69,007.708 shares Direct ownership by reporting person as referenced in footnote

Restricted shares via dividends reinvested 474.300 shares Restricted shares from dividends reinvested in the director plan

Indirect UTMA holdings 375.000 shares Shares held indirectly through UTMA for reporting person’s child

Key Terms

Restricted Stock Plan for Outside Directors of RGC Resources, Inc., dividends reinvested, restricted shares, UTMA

4 terms

Restricted Stock Plan for Outside Directors of RGC Resources, Inc. financial

"Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."

dividends reinvested financial

"restricted shares purchased 05/01/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors"

restricted shares financial

"includes 474.300 restricted shares purchased 05/01/2026 through dividends reinvested in the Restricted Stock Plan"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

UTMA financial

"Also includes 375.000 shares owned indirectly through UTMA for the reporting person's child."

Form 4 Insider Transactions: What Each Field Means →

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^*

BOXLEY ABNEY S III

(Last) (First) (Middle)

P. O. BOX 13007

(Street)

ROANOKE VIRGINIA 24030

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/01/2026		A(1)		276.639	A	$24.4	69,382.708(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. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

2. Includes 69,007.708 shares owned directly by reporting person and includes 474.300 restricted shares purchased 05/01/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Also includes 375.000 shares owned indirectly through UTMA for the reporting person's child.

	/s/ Abney S. Boxley, III by Lawrence T. Oliver, POA dated 02/05/2024	05/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RGC Resources (RGCO) report for Abney S. Boxley III?

RGC Resources reported that director Abney S. Boxley III received a grant of 276.639 common shares at $24.4000 per share. The shares were issued under the Restricted Stock Plan for Outside Directors as a compensation-related award rather than an open-market stock purchase.

How many RGC Resources shares does Abney S. Boxley III hold after this Form 4?

Following the award, Abney S. Boxley III holds 69,382.708 RGC Resources common shares. This includes 69,007.708 shares owned directly, 474.300 restricted shares from dividends reinvested in the director stock plan, and 375.000 shares held indirectly through a UTMA account for his child.

Was the RGC Resources (RGCO) Form 4 transaction an open-market buy or a stock award?

The Form 4 transaction for RGC Resources was a stock award, not an open-market purchase. The 276.639 shares were issued to director Abney S. Boxley III under the Restricted Stock Plan for Outside Directors as a grant or other acquisition of common stock.

What price per share is reported for the RGC Resources director stock grant?

The award to Abney S. Boxley III is reported at $24.4000 per share for 276.639 common shares. This figure reflects the transaction price per share used for the grant under the company’s Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

Does Abney S. Boxley III have indirect ownership of RGC Resources shares?

Yes. In addition to his direct holdings, Abney S. Boxley III indirectly owns 375.000 RGC Resources shares through a UTMA account for his child. The filing also notes 474.300 restricted shares acquired via dividends reinvested in the Restricted Stock Plan for Outside Directors.