RGC Resources director granted 242.621 shares

The director award raised Frank Russell Ellett’s direct holdings to 15,350.732 shares after he bought 242.621 at $21.57, with no 10b5-1 plan noted.

Rhea-AI Filing Summary

RGC RESOURCES INC (RGCO) reported that director Frank Russell Ellett received a grant of common stock as director compensation. On September 1, 2026, he acquired 242.621 shares of common stock at $21.57 per share under the company’s Restricted Stock Plan for Outside Directors, bringing his directly held stake to 15,350.732 shares. No Rule 10b5-1 trading plan is reported for this award.

Insider Trade Summary

Grant/Award: 242.621 shares

Grant/Award 1 txn

Insider Ellett Frank Russell

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	242.621	$21.57	$5K

Holdings After Transaction: Common Stock — 15,350.732 shares (Direct)

Footnotes (1)

1. F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

Key Figures

Restricted stock grant: 242.621 shares Grant price per share: $21.57 per share Holdings after grant: 15,350.732 shares

3 metrics

Restricted stock grant 242.621 shares Common stock awarded to director Frank Russell Ellett on September 1, 2026

Grant price per share $21.57 per share Price used for the September 1, 2026 restricted stock grant

Holdings after grant 15,350.732 shares Director Frank Russell Ellett’s direct RGCO common stock holdings following the grant

Key Terms

Restricted Stock Plan for Outside Directors, restricted stock grant, director compensation

3 terms

Restricted Stock Plan for Outside Directors financial

"Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors"

restricted stock grant financial

"shares issued to the director as a restricted stock grant under the plan"

A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.

director compensation financial

"shares issued to the director as part of director compensation in stock"

FAQ

What insider transaction did RGCO disclose for Frank Russell Ellett?

RGCO disclosed that director Frank Russell Ellett received a grant of 242.621 shares of common stock on September 1, 2026, at $21.57 per share as compensation under the Restricted Stock Plan for Outside Directors.

How many RGCO shares does Frank Russell Ellett hold after this grant?

After the September 1, 2026 grant, Frank Russell Ellett directly holds 15,350.732 shares of RGC RESOURCES INC common stock, according to the filing.

Was the RGCO insider stock grant made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not marked, so this 242.621-share grant to director Frank Russell Ellett was not reported as made under a Rule 10b5-1 trading plan.

What is the nature of the RGCO shares acquired by Frank Russell Ellett?

The 242.621 RGCO shares acquired by Frank Russell Ellett are common stock issued as a restricted stock grant under the company’s Restricted Stock Plan for Outside Directors, rather than an open-market purchase.

Did RGCO’s director buy or receive shares as compensation in this Form 4?

He received shares as compensation. On September 1, 2026, Frank Russell Ellett was granted 242.621 shares of RGCO common stock at $21.57 per share under the Restricted Stock Plan for Outside Directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 12:09 PM Accepted by SEC EDGAR 09/02/2026 - 12:08 PM Learn about SEC filing dates

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^*

Ellett Frank Russell

(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)
09/01/2026

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	09/01/2026		A(1)		242.621	A	$21.57	15,350.732	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/ Frank Russell Ellett by Timothy J. Mulvaney, POA dated 03/04/2026	09/02/2026
	** 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)