RGC Resources (RGCO) director granted stock under restricted plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources director Elizabeth A. McClanahan acquired additional common stock through a company equity plan. On 02/02/2026, she received 94.21 shares of common stock at $22.22 per share under the Restricted Stock Plan for Outside Directors, based on her election to receive shares.
Her beneficial ownership increased to 4,569.148 common shares held directly after this transaction. This total includes 43.378 restricted shares purchased the same day through dividends that were reinvested in the same outside directors’ restricted stock plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McClanahan Elizabeth A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 94.21 | $22.22 | $2K |
Holdings After Transaction:
Common Stock — 4,569.148 shares (Direct)
Footnotes (1)
- Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Includes 43.378 restricted stock shares purchased 02/02/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
FAQ
What insider transaction did RGC Resources (RGCO) report for Elizabeth A. McClanahan?
RGC Resources reported that director Elizabeth A. McClanahan acquired 94.21 shares of common stock on 02/02/2026. The shares were issued under the company’s Restricted Stock Plan for Outside Directors based on her election to receive stock rather than other forms of compensation.
What is the Restricted Stock Plan for Outside Directors at RGC Resources (RGCO)?
The filing shows that RGC Resources has a Restricted Stock Plan for Outside Directors under which eligible directors can elect to receive shares. McClanahan’s 94.21-share grant and certain dividend reinvestment shares were issued pursuant to this plan and her associated elections.
How were dividends used in Elizabeth A. McClanahan’s RGC Resources (RGCO) holdings?
The Form 4 notes that her holdings include 43.378 restricted shares purchased on 02/02/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors. Those reinvested dividends increased her restricted stock position within the same director equity plan.
Is the RGC Resources (RGCO) director’s ownership reported as direct or indirect?
Elizabeth A. McClanahan’s 4,569.148 common shares are reported as held directly. The Form 4 lists the ownership form as “D” for direct, with no reference to trusts, partnerships, or other entities in the nature of ownership field or the provided footnotes.