RGC Resources: Director receives 232.592 restricted shares at $22.50
Rhea-AI Filing Summary
Jacqueline L. Archer, a director of RGC Resources Inc (RGCO), reported an insider acquisition on 10/01/2025. She received 232.592 shares of common stock under the company’s Restricted Stock Plan for Outside Directors at an indicated price of $22.5 per share. Following the transaction, the filing reports total beneficial ownership of 19,774.466 shares. The Form 4 was signed via power of attorney on 10/03/2025. The filing discloses a non-derivative issuance to an insider under a compensation plan and does not include other transactions or derivative positions.
Positive
- 232.592 shares issued to a director under the Restricted Stock Plan for Outside Directors
- Post-transaction beneficial ownership clearly reported as 19,774.466 shares
Negative
- None.
Insights
Director received restricted shares under the outside director plan.
The Form 4 shows a non-cash issuance of 232.592 common shares to Jacqueline L. Archer under the Restricted Stock Plan for Outside Directors on 10/01/2025.
This is a routine director compensation event disclosed under Section 16; it increases her reported beneficial ownership to 19,774.466 shares and was recorded at a price of $22.5 per share on the filing.
Transaction is a grant, not a market purchase or derivative exercise.
The entry is coded as an acquisition via issuance (Code A) tied to a director compensation plan, indicating restricted stock issuance rather than open-market activity or option exercise.
Because the filing lists only this non-derivative issuance and provides the post-transaction beneficial ownership, it is a complete disclosure of this specific change in ownership.
FAQ
What did RGCO director Jacqueline L. Archer report on Form 4?
How many RGCO shares does Jacqueline L. Archer beneficially own after the transaction?
At what price were the RGCO shares recorded on the Form 4?
Was this a market purchase or compensation issuance for RGCO shares?
When was the Form 4 signed and filed for this RGCO transaction?