RGC Resources (RGCO) SVP adds to holdings through dividend reinvestment plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources Inc. Senior VP and Secretary Lawrence T. Oliver bought 8.734 shares of common stock at $22.9000 per share. The purchase was made through optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan. Following this transaction, he directly owns 30,042.176 shares of RGC Resources common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8.734 shares ($200)
Net Buy
5 txns
Insider
Oliver Lawrence T.
Role
Senior VP and Secretary
Bought
8.734 shs ($200.01)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8.734 | $22.90 | $200.01 |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,042.176 shares (Direct, null);
Employee Stock Options — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 8.734 shares
Purchase price per share: $22.9000
Total shares after transaction: 30,042.176 shares
+1 more
4 metrics
Shares purchased
8.734 shares
Common stock bought by Senior VP on 2026-06-01
Purchase price per share
$22.9000
Price for RGCO common stock in this transaction
Total shares after transaction
30,042.176 shares
Direct RGCO common stock holdings post-transaction
Net buy-sell shares
8.734 shares
Net share change in this Form 4
Key Terms
Dividend Reinvestment and Stock Purchase Plan, open-market purchase, Employee Stock Options, Form 4
4 terms
Dividend Reinvestment and Stock Purchase Plan financial
"Purchases made with optional cash contribution pursuant to 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.
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Employee Stock Options financial
"security_title: Employee Stock Options"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did RGC Resources (RGCO) report for Lawrence T. Oliver?
RGC Resources reported that Senior VP and Secretary Lawrence T. Oliver bought 8.734 RGCO common shares at $22.9000 each. The purchase increased his direct holdings to 30,042.176 shares, according to the Form 4 filing details.