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.
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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.
What was the reported price per share for the RGC Resources restricted stock grant?
The 13,679 restricted shares of RGC Resources common stock were reported at a price of $21.40 per share in the Form 4 filing.
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.
How many RGC Resources shares does Paul W. Nester beneficially own after this transaction?
Following the grant, Paul W. Nester beneficially owned 132,954.914 shares of RGC Resources common stock in direct ownership.
How many unvested restricted RGC Resources shares are included in Paul W. Nesters total?
The total beneficial ownership includes 13,560.999 shares of unvested restricted stock from current and prior grants.
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.