RGC Resources (RGCO) director Frank Ellett reports new stock award
Rhea-AI Filing Summary
RGC Resources Inc director Frank Russell Ellett reported acquiring 243.5240 shares of common stock on 08/03/2026 at $21.4900 per share, received as a grant under the Restricted Stock Plan for Outside Directors. After this award and related dividend reinvestments, he directly holds 15,108.1110 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 243.524 shares
Net Buy
1 txn
Insider
Ellett Frank Russell
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 243.524 | $21.49 | $5K |
Holdings After Transaction:
Common Stock — 15,108.111 shares (Direct)
Footnotes (2)
- F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
- F2. Includes 16.361 restricted stock shares purchased 08/03/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. and 75.494 shares purchased 08/03/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Shares granted: 243.5240 shares
Grant price: $21.4900 per share
Shares after transaction: 15,108.1110 shares
+2 more
5 metrics
Shares granted
243.5240 shares
Common stock grant to director on 08/03/2026
Grant price
$21.4900 per share
Price attributed to the 08/03/2026 common stock grant
Shares after transaction
15,108.1110 shares
Director’s direct common stock holdings following the grant and dividend reinvestments
Restricted shares via dividend reinvestment
16.361 shares
Restricted stock acquired 08/03/2026 through dividends reinvested in the outside directors plan
Dividend Reinvestment Plan shares
75.494 shares
Shares acquired 08/03/2026 through dividends reinvested in the Dividend Reinvestment and Stock Purchase Plan
Key Terms
Restricted Stock Plan for Outside Directors, Dividend Reinvestment and Stock Purchase Plan, restricted stock shares
3 terms
Restricted Stock Plan for Outside Directors financial
"election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."
Dividend Reinvestment and Stock Purchase Plan financial
"shares purchased 08/03/2026 through dividends reinvested in 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock award did RGC Resources (RGCO) director Frank Russell Ellett report?
Frank Russell Ellett reported receiving 243.5240 shares of RGC Resources common stock on 08/03/2026 at $21.4900 per share. This was a grant under the Restricted Stock Plan for Outside Directors, rather than an open-market purchase.
Was the RGCO insider stock acquisition made under a Rule 10b5-1 trading plan?
The filing shows the Rule 10b5-1 checkbox was not marked, indicating the reported acquisition was not designated as made under a Rule 10b5-1 trading plan. It instead reflects a scheduled grant under the company’s outside directors stock plan.