RGC Resources (RGCO) CEO receives 13,679 restricted shares grant
Rhea-AI Filing Summary
RGC Resources reported that President and CEO Paul W. Nester acquired 13,679 shares of common stock on 01/02/2026 through a restricted stock award under the company’s Restricted Stock Plan at a reported price of $21.40 per share. The award is scheduled to vest over three years, with 4,559.667 shares vesting on 01/02/2026, 4,559.667 shares vesting on 01/04/2027, and 4,559.666 shares vesting on 01/03/2028.
After this grant, Nester beneficially owned 132,954.914 shares of RGC Resources common stock directly. This total includes 13,560.999 shares of unvested restricted stock from current and prior grants, 89.789 shares acquired through dividend reinvestment in the Dividend Reinvestment Stock Purchase Plan, and 174.475 restricted shares acquired through dividend reinvestment in the Restricted Stock Plan.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,679 | $21.40 | $293K |
Footnotes (1)
- Shares issued on 01/02/2026 to reporting person pursuant to an award under the Restricted Stock Plan to be vested over a three-year period with 4,559.667 shares vesting on 01/02/2026, 4,559.667 shares vesting on 01/04/2027, and 4,559.666 shares vesting on 01/03/2028. Total includes 13,560.999 shares of unvested restricted stock from current and prior grants. Also includes 89.789 shares purchased 11/03/2025 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchase Plan and 174.475 restricted shares purchased 11/03/2025 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.
FAQ
What insider transaction did RGC Resources (RGCO) report for Paul W. Nester?
RGC Resources reported that President & CEO Paul W. Nester acquired 13,679 shares of common stock on 01/02/2026 through a restricted stock award under the Restricted Stock Plan.
How will Paul W. Nesters RGC Resources restricted stock award vest?
The award will vest over three years: 4,559.667 shares on 01/02/2026, 4,559.667 shares on 01/04/2027, and 4,559.666 shares on 01/03/2028.
What role do dividend reinvestment plans play in Paul W. Nesters RGC Resources holdings?
His total includes 89.789 shares purchased on 11/03/2025 through the Dividend Reinvestment Stock Purchase Plan and 174.475 restricted shares purchased the same day through the Restricted Stock Plan.