[Form 4] RGC RESOURCES INC Insider Trading Activity
John B. Williamson III, identified as a Director of RGC Resources, Inc. (RGCO), acquired 269.63 shares of the company's common stock on 10/01/2025 at a price of $22.5 per share through an election under the company's Restricted Stock Plan for Outside Directors. Following the grant, his reported beneficial ownership increased to 175,727.757 shares. The Form 4 discloses the acquisition was reported by the reporting person via a power of attorney signature.
- Director acquisition of 269.63 shares under the Restricted Stock Plan indicates alignment with shareholders
- Reported beneficial ownership increased to 175,727.757 shares, providing a clear post-transaction stake
- None.
Insights
Director received restricted shares, modestly increasing stake.
The filing shows a director-level equity grant of 269.63 shares under the company's Restricted Stock Plan for Outside Directors, executed on 10/01/2025. This is a standard compensation mechanism that aligns non-employee directors with shareholder interests by converting board fees or elections into equity.
The reported resulting beneficial ownership of 175,727.757 shares quantifies the director's stake after the transaction; the filing itself contains no information about vesting schedule or future obligations, so material impacts beyond alignment cannot be determined from this form alone.
Transaction reported via Form 4 and executed through restricted stock election.
The entry uses Transaction Code A(1), indicating shares were acquired and issued pursuant to a director plan election. The Form 4 shows a direct ownership form and includes the exact transaction price of $22.5, fulfilling disclosure requirements under Section 16.
The filing includes a power-of-attorney signature block; the document contains no amendments, dispositions, or derivative transactions to suggest additional compliance issues.