RGC Resources (RGCO) director granted 91.412 shares under restricted stock plan

Rhea-AI Filing Summary

RGC Resources director Elizabeth A. McClanahan received a stock grant of 91.412 shares of Common Stock, valued at $22.90 per share. The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc., so this is compensation rather than an open-market purchase.

Following this grant, McClanahan directly holds a total of 4,980.156 shares of RGC Resources Common Stock. The filing shows no option exercises, sales, or derivative positions, indicating a routine equity-based compensation award for board service.

Insights

Equity Compensation Analyst

Routine director stock grant increases equity stake modestly.

Director Elizabeth A. McClanahan received 91.412 shares of RGC Resources Common Stock at $22.90 per share. The footnote explains these shares were issued under the Restricted Stock Plan for Outside Directors, a typical equity compensation arrangement.

The transaction is coded as a grant/award acquisition rather than an open-market buy, so it mainly reflects standard board compensation policy. After the grant, McClanahan directly owns 4,980.156 shares, with no derivative positions disclosed, suggesting a straightforward, ongoing alignment of director incentives with shareholders.

Insider Trade Summary

Net Buyer: 91.412 shares

Net Buy 1 txn

Insider McClanahan Elizabeth A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	91.412	$22.90	$2K

Holdings After Transaction: Common Stock — 4,980.156 shares (Direct)

Footnotes (1)

1. F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

Key Figures

Shares granted: 91.412 shares Grant value per share: $22.90 per share Shares held after grant: 4,980.156 shares +2 more

5 metrics

Shares granted 91.412 shares Director stock grant under Restricted Stock Plan

Grant value per share $22.90 per share Value used for the Common Stock award

Shares held after grant 4,980.156 shares Total direct holdings following transaction

Transaction code A Grant, award, or other acquisition of Common Stock

Transaction direction acquire Non-derivative acquisition via equity grant

Key Terms

Restricted Stock Plan for Outside Directors, grant/award acquisition, Common Stock

3 terms

Restricted Stock Plan for Outside Directors financial

"Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."

grant/award acquisition financial

"transaction_action: grant/award acquisition, transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock, shares of RGC Resources Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/03/2026 - 12:07 PM Accepted by SEC EDGAR 06/03/2026 - 12:06 PM Learn about SEC filing dates

FAQ

What did RGC Resources (RGCO) director Elizabeth McClanahan report in this Form 4?

Director Elizabeth McClanahan reported receiving 91.412 shares of RGC Resources Common Stock. The shares were issued as a grant under the Restricted Stock Plan for Outside Directors, increasing her direct holdings to 4,980.156 shares as part of routine equity-based board compensation.

Was the RGC Resources (RGCO) Form 4 transaction a market purchase or a stock grant?

The Form 4 shows a stock grant, not a market purchase. Code "A" and the footnote indicate the 91.412 shares were issued under the Restricted Stock Plan for Outside Directors, representing equity compensation rather than an open-market buy of RGC Resources shares.

How many RGC Resources (RGCO) shares does Elizabeth McClanahan own after this transaction?

After receiving the 91.412-share grant, Elizabeth McClanahan directly holds 4,980.156 shares of RGC Resources Common Stock. This total reflects her position immediately following the reported director stock award and provides context for the relative size of the new grant.

At what price was the RGC Resources (RGCO) director stock grant valued in the Form 4?

The 91.412 shares granted to Elizabeth McClanahan were valued at $22.90 per share. This per-share value is disclosed in the Form 4 and is used to determine the compensation value of the restricted stock issued under the outside directors’ plan.

What plan was used for the RGC Resources (RGCO) director’s stock award?

The shares were issued under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. This plan provides equity compensation to non-employee directors, aligning their interests with shareholders through periodic grants of company Common Stock.

Does the RGC Resources (RGCO) Form 4 show any stock sales or option exercises?

The Form 4 does not show any sales or option exercises. It reports only a single grant of 91.412 shares of Common Stock as director compensation, with no derivative transactions or disposals, indicating a straightforward equity award rather than trading activity.

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^*

McClanahan Elizabeth A

(Last) (First) (Middle)

P. O. BOX 13007

(Street)

ROANOKE VIRGINIA 24030

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

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	06/01/2026		A(1)		91.412	A	$22.9	4,980.156	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

Explanation of Responses:

1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

	/s/ Elizabeth A. McClanahan by Timothy J. Mulvaney, POA dated 02/05/2024	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)