RGC Resources director buys 420 shares at $21.06
RGC RESOURCES INC (RGCO) director Robert B. Johnston purchased additional common stock.
Rhea-AI Filing Summary
RGC RESOURCES INC (RGCO) director Robert B. Johnston purchased additional common stock. On September 14, 2026, he bought 420 shares of common stock at $21.06 per share in a purchase described as an open market or private transaction, bringing his direct holdings to 66,000 shares. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 420 shares
Net Buy
1 txn
Insider
JOHNSTON ROBERT B
Role
Director
Bought
420 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 420 | $21.06 | $9K |
Holdings After Transaction:
Common Stock — 66,000 shares (Direct)
Key Figures
Shares purchased: 420 shares
Purchase price per share: $21.06 per share
Shares held after transaction: 66,000 shares
+1 more
4 metrics
Shares purchased
420 shares
Common stock bought by director on September 14, 2026
Purchase price per share
$21.06 per share
Price paid for RGCO common stock on September 14, 2026
Shares held after transaction
66,000 shares
Director’s direct holdings of RGCO common stock following the purchase
Net buy shares
420 shares
Net effect of reported transactions in this Form 4
Key Terms
Form 4, Common Stock, Rule 10b5-1, open market or private transaction
4 terms
Form 4 regulatory
"RGC RESOURCES INC reported this insider transaction in a Form 4 filing"
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.
Common Stock financial
"The transaction involved purchases of Common Stock of RGC RESOURCES INC"
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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Described as a purchase in an open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RGCO report in this Form 4?
RGC RESOURCES INC reported that director Robert B. Johnston purchased 420 shares of its common stock on September 14, 2026 at a price of $21.06 per share in an open market or private transaction.
Was the RGCO insider trade made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for this purchase of RGC RESOURCES INC shares.
Is the RGCO insider ownership reported as direct or indirect?
The filing reports direct ownership for the 66,000 shares of RGC RESOURCES INC common stock held by director Robert B. Johnston following the September 14, 2026 purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.