RGC Resources (RGCO) director receives 314-share stock grant
Rhea-AI Filing Summary
RGC Resources director Abney S. Boxley III received a grant of 314.1000 shares of common stock on August 3, 2026 at $21.4900 per share, issued under the Restricted Stock Plan for Outside Directors. After this award, he is reported as beneficially owning 70,821.6130 shares, including 70,446.613 held directly, 551.924 restricted shares acquired through dividends reinvested on August 3, 2026, and 375.000 shares held indirectly through a UTMA account for his child. The transaction was filed as a grant or award acquisition rather than a market purchase and was not reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 314.1 shares
Net Buy
1 txn
Insider
BOXLEY ABNEY S III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 314.1 | $21.49 | $7K |
Holdings After Transaction:
Common Stock — 70,821.613 shares (Direct)
Footnotes (2)
- F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
- F2. Includes 70,446.613 shares owned directly by reporting person and includes 551.924 restricted shares purchased 08/03/2026 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
Shares acquired: 314.1000 shares
Grant price: $21.4900 per share
Total holdings after transaction: 70,821.6130 shares
+3 more
6 metrics
Shares acquired
314.1000 shares
Grant/award acquisition of common stock on 2026-08-03
Grant price
$21.4900 per share
Value assigned to the stock grant on 2026-08-03
Total holdings after transaction
70,821.6130 shares
Common stock beneficially owned after the reported grant
Directly owned shares
70,446.613 shares
Shares owned directly by the reporting person as described in footnote F2
Restricted shares via dividend reinvestment
551.924 shares
Restricted shares purchased 08/03/2026 through dividends reinvested under the plan
Indirect UTMA holdings
375.000 shares
Shares owned indirectly through UTMA for the reporting person’s child
Key Terms
Restricted Stock Plan for Outside Directors, dividends reinvested, UTMA
3 terms
Restricted Stock Plan for Outside Directors financial
"election under the Restricted Stock Plan for Outside Directors of RGC Resources"
dividends reinvested financial
"restricted shares purchased 08/03/2026 through dividends reinvested in the Restricted Stock Plan"
UTMA financial
"375.000 shares owned indirectly through UTMA for the reporting person's child"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 314.1000 common shares at $21.4900 per share on August 3, 2026 under the Restricted Stock Plan for Outside Directors, classified as a grant or award acquisition rather than an open-market trade.
Was the RGCO insider transaction a market purchase or a stock grant?
The RGCO transaction was a stock grant, not a market purchase. It is coded as a grant or award acquisition, with 314.1000 shares issued at $21.4900 per share pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
How are the post-transaction RGCO holdings of Abney S. Boxley III structured?
Post-transaction holdings include 70,446.613 shares owned directly, 551.924 restricted shares purchased on August 3, 2026 through dividends reinvested in the Restricted Stock Plan, and 375.000 shares owned indirectly through a UTMA account established for the reporting person’s child.
Was the RGC Resources (RGCO) grant to the director under a Rule 10b5-1 trading plan?
The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The document’s Rule 10b5-1 checkbox is explicitly unchecked, and the footnotes describe the shares as issued pursuant to an election under the Restricted Stock Plan for Outside Directors.