RGC Resources (RGCO) VP adds shares through Dividend Reinvestment and Stock Purchase Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources Inc vice president of human resources Miles Christen Brooke bought additional company stock. On June 1, 2026, Brooke acquired 4.367 shares of common stock at $22.90 per share through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan.
Following this purchase, Brooke directly owns 9,827.347 shares of RGC Resources common stock. The filing also lists an employee stock option entry with a $16.62 exercise price and an expiration date of October 18, 2033, with no underlying shares shown in this record.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4.367 shares ($100)
Net Buy
2 txns
Insider
Miles Christen Brooke
Role
VP, Human Resources
Bought
4.367 shs ($100.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4.367 | $22.90 | $100.00 |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,827.347 shares (Direct, null);
Employee Stock Options — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 4.367 shares
Purchase price: $22.90 per share
Post-transaction holdings: 9,827.347 shares
+3 more
6 metrics
Shares purchased
4.367 shares
Common stock bought on June 1, 2026
Purchase price
$22.90 per share
Price for June 1, 2026 common stock purchase
Post-transaction holdings
9,827.347 shares
Direct common stock held after June 1, 2026 transaction
Option exercise price
$16.62
Employee stock option exercise price
Option expiration date
October 18, 2033
Employee stock option expiration
Underlying option shares
0.0000 shares
Underlying common stock for listed employee stock option
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Employee Stock Options, open-market purchase, non-derivative
4 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.
Employee Stock Options financial
"security_title: Employee Stock Options; underlying security title: Common Stock."
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.
open-market purchase financial
"transaction_action: open-market purchase; code description: Purchase in open market or private transaction."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type: non-derivative for the common stock purchase entry."
FAQ
What insider transaction did RGC Resources (RGCO) report for Miles Christen Brooke?
RGC Resources reported that VP of Human Resources Miles Christen Brooke bought 4.367 shares of common stock. The purchase occurred on June 1, 2026, at $22.90 per share, using an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan.
Does the Form 4 show any RGC Resources (RGCO) stock options for Miles Christen Brooke?
The Form 4 lists an employee stock option entry with a $16.62 exercise price and an October 18, 2033 expiration date. For this option record, the underlying common stock shares are shown as 0.0000, and total derivative holdings after the transaction are also 0.0000.