RGC Resources Insider Grant: 308 Shares Added to Director Stake

Rhea-AI Filing Summary

RGC Resources (RGCO) – Form 4 insider transaction

Director John B. Williamson III acquired 308.266 shares of RGCO common stock on 08/01/2025 at an average cost basis of $19.68 per share. The shares were issued pursuant to the company’s Restricted Stock Plan for Outside Directors; no open-market purchase occurred. Following the grant, Williamson’s direct beneficial ownership increased to 175,183.927 shares. No derivative securities were reported, and there was no disposition of shares.

The filing indicates routine compensation-related stock issuance rather than a discretionary purchase, but the added exposure marginally aligns the director’s interests with shareholders. No other material events, earnings data, or derivative transactions are disclosed.

Positive

• Increase in insider ownership: Director’s holdings rose to 175,183.927 shares, modestly strengthening alignment with shareholders.

Negative

• Immaterial size: The 308-share grant (≈$6k) is too small to provide a meaningful insider-confidence signal or affect valuation.

Insights

Equity Analyst

TL;DR: Routine director stock grant; minimal market impact.

The 308-share issuance is compensation under the outside-director restricted stock plan, raising Williamson’s stake by roughly 0.18%. At $19.68, the dollar value is about $6k, immaterial relative to the company’s market cap and his existing 175k-share position. Because it is plan-based (not open-market), it conveys limited incremental signal about insider sentiment. Impact on float, EPS, or governance is negligible, so I rate the filing neutral for investors.

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^*

WILLIAMSON JOHN B III

(Last) (First) (Middle)

P. O. BOX 13007

(Street)

ROANOKE VA 24030

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/01/2025		A(1)		308.266	A	$19.68	175,183.927(2)	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.

2. Includes 252.168 restricted stock shares purchased 08/01/2025 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.

	/s/ John B. Williamson, III by Lawrence T. Oliver, POA dated 02/05/2024	08/05/2025
	** 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.

FAQ

What did RGCO file on 08/05/2025?

A Form 4 disclosing that Director John B. Williamson III received 308.266 RGCO shares under the Restricted Stock Plan.

How many shares does John B. Williamson III now own in RGCO?

After the reported transaction, he directly owns 175,183.927 common shares.

Was the transaction an open-market purchase?

No. The shares were issued through the company’s Restricted Stock Plan for Outside Directors, not bought on the open market.

What price was used for the share issuance?

The plan transaction lists a price of $19.68 per share.

Does the Form 4 report any derivative securities?

No derivative securities were acquired or disposed of in this filing.