RGC Resources executive buys 4.636 shares at $21.57
RGC RESOURCES INC (RGCO) executive Christen Brooke Miles, VP of Human Resources, reported a small open-market-type purchase of common stock.
Rhea-AI Filing Summary
RGC RESOURCES INC (RGCO) executive Christen Brooke Miles, VP of Human Resources, reported a small open-market-type purchase of common stock. On September 1, 2026, Miles acquired 4.636 shares of common stock at $21.57 per share, through optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan, bringing directly held common shares to 9,942.341. A derivative holding line shows employee stock options with a $16.62 exercise price and October 18, 2033 expiration, with zero underlying shares reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4.636 shares
Net Buy
2 txns
Insider
Miles Christen Brooke
Role
VP, Human Resources
Bought
4.636 shs ($100.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 4.636 | $21.57 | $100.00 |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,942.341 shares (Direct);
Employee Stock Options — 0 contracts (Direct)
Footnotes (1)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Shares purchased: 4.636 shares
Purchase price per share: $21.57 per share
Shares held after transaction: 9,942.341 shares
+2 more
5 metrics
Shares purchased
4.636 shares
Common Stock acquired on September 1, 2026
Purchase price per share
$21.57 per share
Common Stock purchase on September 1, 2026
Shares held after transaction
9,942.341 shares
Directly held Common Stock following September 1, 2026 purchase
Employee Stock Options exercise price
$16.62 per share
Exercise price for options expiring October 18, 2033
Employee Stock Options expiration date
October 18, 2033
Expiration of reported option position
Key Terms
Dividend Reinvestment and Stock Purchase Plan, optional cash contribution, Employee Stock Options
3 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.
optional cash contribution financial
"Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
Employee Stock Options financial
"Employee Stock Options with an exercise price of 16.6200, expiring October 18, 2033"
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.
FAQ
What insider transaction did RGCO executive Christen Brooke Miles report?
Christen Brooke Miles reported purchasing 4.636 shares of RGC RESOURCES INC common stock on September 1, 2026, at $21.57 per share, through optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan, increasing directly held shares to 9,942.341.
Was the RGCO insider purchase made under a dividend reinvestment plan?
Yes. A footnote states the shares were purchased with optional cash contributions under the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
What employee stock option position is reported for the RGCO insider?
The filing lists Employee Stock Options with an exercise price of $16.62 per share, expiring on October 18, 2033, and shows 0 underlying shares associated with that option position in this report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
