RGC Resources (RGCO) insider adds shares through dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources Inc. senior vice president and secretary Lawrence T. Oliver reported a small open-market purchase of company stock. On May 1, 2026, he bought 8.197 shares of common stock at $24.40 per share, increasing his direct holdings to 30,033.442 shares.
According to the footnotes, the purchase was made with optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan. His reported holdings include 125.382 shares acquired through dividends reinvested in that plan and 113.391 restricted shares from dividends reinvested in the Restricted Stock Plan. The filing also lists employee stock option entries with exercise prices between $16.62 and $27.87 expiring from 2030 to 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8.197 shares ($200)
Net Buy
5 txns
Insider
Oliver Lawrence T.
Role
Senior VP and Secretary
Bought
8.197 shs ($200.01)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8.197 | $24.40 | $200.01 |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,033.442 shares (Direct, null);
Employee Stock Options — 0 shares (Direct, null)
Footnotes (1)
- Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan. Includes 125.382 shares purchased 05/01/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan and 113.391 restricted shares purchased 05/01/2026 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.
Key Figures
Shares purchased: 8.197 shares
Purchase price: $24.40 per share
Shares owned after: 30,033.442 shares
+4 more
7 metrics
Shares purchased
8.197 shares
Open-market purchase on May 1, 2026 at $24.40
Purchase price
$24.40 per share
Common stock open-market transaction code P
Shares owned after
30,033.442 shares
Direct common stock holdings following the transaction
Dividend reinvestment shares
125.382 shares
Purchased 05/01/2026 via Dividend Reinvestment and Stock Purchase Plan
Restricted dividend reinvestment shares
113.391 shares
Restricted shares from 05/01/2026 dividends reinvested in Restricted Stock Plan
Option exercise price
$16.62
Employee stock options expiring October 18, 2033
Option exercise price
$27.87
Employee stock options expiring April 1, 2030
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Restricted Stock Plan, Employee Stock Options, open-market purchase
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.
Restricted Stock Plan financial
"dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan."
A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.
Employee Stock Options financial
"Employee Stock Options"
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""
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.
FAQ
What insider transaction did RGC Resources (RGCO) report for Lawrence T. Oliver?
RGC Resources reported that senior vice president and secretary Lawrence T. Oliver bought 8.197 shares of common stock at $24.40 per share. This open-market purchase modestly increased his direct ownership position in the company.
What stock option information for RGC Resources (RGCO) is shown in this Form 4?
The Form 4 lists employee stock option entries on RGC Resources common stock with exercise prices of $16.62, $19.90, $22.93, and $27.87. These options have expiration dates ranging from 2030 through 2033 according to the derivative summary.
Is the RGC Resources (RGCO) insider transaction a buy or a sale?
The reported non-derivative transaction is a buy. Lawrence T. Oliver executed an open-market purchase of 8.197 RGC Resources common shares at $24.40 per share, as reflected by transaction code P and the transaction summary’s net-buy classification.