RGC Resources (RGCO) director receives stock grant under outside directors plan

Rhea-AI Filing Summary

Ellett Frank Russell reported acquisition or exercise transactions in this Form 4 filing.

RGC Resources Inc director Frank Russell Ellett received a grant of 228.53 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. Following this award, Ellett directly holds a total of 14,557.102 shares of Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ellett Frank Russell

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	228.53	$22.90	$5K

Holdings After Transaction: Common Stock — 14,557.102 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 228.53 shares Grant price per share: $22.90 per share Post-transaction holdings: 14,557.102 shares

3 metrics

Shares granted 228.53 shares Common Stock grant to director on June 1, 2026

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

Post-transaction holdings 14,557.102 shares Director’s direct Common Stock holdings after the grant

Key Terms

Restricted Stock Plan for Outside Directors, Common Stock, Grant, award, or other acquisition

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."

Common Stock financial

"security_title: Common Stock; shares of Common Stock granted to the director"

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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Ellett Frank Russell

(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)		228.53	A	$22.9	14,557.102	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/ Frank Russell Ellett by Timothy J. Mulvaney, POA dated 03/04/2026	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)

FAQ

What insider transaction did RGC Resources (RGCO) report for Frank Russell Ellett?

RGC Resources reported that director Frank Russell Ellett received 228.53 shares of Common Stock as a grant. The shares were issued under the Restricted Stock Plan for Outside Directors, reflecting routine equity-based director compensation rather than an open-market purchase.

At what price were the RGC Resources (RGCO) shares granted to Frank Russell Ellett?

The 228.53 shares of RGC Resources Common Stock were valued at $22.90 per share for this grant. This figure reflects the transaction price used for reporting purposes in the Form 4, not an open-market trade price chosen by the director.

How many RGC Resources (RGCO) shares does Frank Russell Ellett hold after this grant?

After the reported grant, Frank Russell Ellett directly holds 14,557.102 shares of RGC Resources Common Stock. This total includes the 228.53 shares issued under the Restricted Stock Plan for Outside Directors as disclosed in the associated Form 4 filing.

What is the source of the RGC Resources (RGCO) share grant to Frank Russell Ellett?

The shares were issued to Frank Russell Ellett under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. According to the footnote, this reflects an election under that plan, characterizing the transaction as equity compensation for board service.

Was the RGC Resources (RGCO) transaction a market purchase or a compensation grant?

The transaction was a compensation-related grant, not an open-market purchase. The Form 4 labels it as a grant, award, or other acquisition, and the footnote explains that shares were issued pursuant to the Restricted Stock Plan for Outside Directors.