[Form 4] RGC Resources Inc Insider Trading Activity

Rhea-AI Filing Summary

Lawrence T. Oliver, Vice President and Secretary of RGC Resources, Inc. (RGCO), reported a small insider purchase on a Form 4. The filing shows a transaction dated 09/02/2025 where 9.04 shares of Common Stock were acquired at a price of $22.125 under the company’s Dividend Reinvestment and Stock Purchase Plan. Following the reported transaction the form lists 23,770.22 shares beneficially owned. The filing also discloses outstanding employee stock options exercisable through 2033 totaling 14,000 shares across four option grants with exercise prices ranging from $16.62 to $27.87. The report is signed by Mr. Oliver on 09/03/2025. The filing is limited to ownership and option detail and does not include operational or financial performance data.

Positive

• Insider purchase reported: 9.04 shares acquired at $22.125 under the company’s Dividend Reinvestment and Stock Purchase Plan.
• Complete option disclosure: Four employee stock option grants disclosed totaling 14,000 underlying shares with exercise prices from $16.62 to $27.87, expirations through 10/18/2033.
• Form properly executed: Filing is signed by the reporting person and includes transaction date 09/02/2025 and signature date 09/03/2025.

Negative

• None.

Insights

Securities Analyst

Insider made a small DRIP purchase; holdings and option profile updated.

The filing documents a modest acquisition of 9.04 common shares at $22.125 under the company dividend reinvestment plan, which is routine for participating insiders. The report also consolidates the reporting person’s option position: four outstanding employee stock option grants totaling 14,000 underlying shares with exercise prices between $16.62 and $27.87 and expirations through 10/18/2033. This disclosure updates beneficial ownership but contains no operating metrics or material corporate actions.

Corporate Governance Expert

Transaction appears administrative and non-material; compliance disclosure executed correctly.

The Form 4 indicates the acquisition was made pursuant to the issuer’s Dividend Reinvestment and Stock Purchase Plan, consistent with automated plan purchases rather than ad hoc market timing. The form is signed and includes required detail on non-derivative and derivative holdings, meeting Section 16 reporting requirements. No departures from standard disclosure practices are evident in the filing.

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^*

Oliver Lawrence T.

(Last) (First) (Middle)

P. O. BOX 13007

(Street)

ROANOKE VA 24030

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RGC RESOURCES INC [ RGCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/02/2025		P(1)		9.04	A	$22.125	23,770.22	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
Employee Stock Options	$27.87							10/01/2020	04/01/2030	Common Stock	0		5,000	D
Employee Stock Options	$22.93							11/26/2021	05/26/2031	Common Stock	0		3,000	D
Employee Stock Options	$19.9							01/25/2023	07/25/2032	Common Stock	0		1,000	D
Employee Stock Options	$16.62							04/18/2024	10/18/2033	Common Stock	0		5,000	D

Explanation of Responses:

1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

	/s/ Lawrence T. Oliver	09/03/2025
	** 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.

FAQ

What did Lawrence T. Oliver report on the RGCO Form 4?

The Form 4 reports a purchase of 9.04 shares of RGCO common stock at $22.125 on 09/02/2025, and lists existing employee stock options totaling 14,000 underlying shares.

How was the 09/02/2025 RGCO purchase made?

The filing states the purchase was made with an optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

How many shares does the Form 4 show beneficially owned after the transaction?

The Form 4 reports 23,770.22 shares beneficially owned following the reported transaction.

What employee option holdings were disclosed on the Form 4?

Four option grants are listed: 5,000 at $27.87 (exp. 04/01/2030), 3,000 at $22.93 (exp. 05/26/2031), 1,000 at $19.90 (exp. 07/25/2032), and 5,000 at $16.62 (exp. 10/18/2033), totaling 14,000 underlying shares.

When was the Form 4 signed?

The signature block shows the form was signed by Lawrence T. Oliver on 09/03/2025.