RGC Resources (RGCO) director receives 122.864-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRAWFORD THOMAS J reported acquisition or exercise transactions in this Form 4 filing.
RGC Resources Inc. director Thomas J. Crawford received a stock award of 122.864 shares of Common Stock. The shares were issued at $21.65 per share under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. Following this grant, he directly holds 14,218.774 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CRAWFORD THOMAS J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 122.864 | $21.65 | $3K |
Holdings After Transaction:
Common Stock — 14,218.774 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 122.864 shares
Grant price per share: $21.65 per share
Shares held after transaction: 14,218.774 shares
3 metrics
Shares granted
122.864 shares
Common Stock award to Thomas J. Crawford
Grant price per share
$21.65 per share
Value used for the Common Stock award
Shares held after transaction
14,218.774 shares
Direct holdings of Thomas J. Crawford following grant
Key Terms
Common Stock, Restricted Stock Plan, Outside Directors, Grant, award, or other acquisition
4 terms
Common Stock financial
"security_title: "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.
Restricted Stock Plan financial
"election under the Restricted Stock Plan for Outside Directors"
Outside Directors financial
"Restricted Stock Plan for Outside Directors of RGC Resources, Inc."
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did RGC Resources (RGCO) director Thomas J. Crawford report in this Form 4?
Thomas J. Crawford reported receiving an award of Common Stock. He was granted 122.864 shares at $21.65 per share under the company’s Restricted Stock Plan for Outside Directors, increasing his directly held stake to 14,218.774 shares after the transaction.
Was the RGC Resources (RGCO) transaction an open-market purchase by Thomas J. Crawford?
No, it was not an open-market purchase. The Form 4 classifies the event as a grant or award acquisition, with 122.864 shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors rather than through buying shares on the open market.