RGC Resources officer buys 12.361 shares
RGC Resources Inc. Senior VP and Secretary Lawrence T. Oliver reported a small open-market purchase of company stock.
Rhea-AI Filing Summary
RGC Resources Inc. Senior VP and Secretary Lawrence T. Oliver reported a small open-market purchase of company stock. He acquired 12.361 shares of common stock at $24.2700 per share, made with optional cash contributions under the RGC Resources Dividend Reinvestment and Stock Purchase Plan. Following this transaction, he directly owns 30,054.537 shares of common stock. The filing also lists employee stock options with exercise prices between $16.6200 and $27.8700, expiring from 2030 to 2033, providing additional potential future equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12.361 shares
Net Buy
5 txns
Insider
Oliver Lawrence T.
Role
Senior VP and Secretary
Bought
12.361 shs ($300.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12.361 | $24.27 | $300.00 |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 30,054.537 shares (Direct);
Employee Stock Options — 0 contracts (Direct)
Footnotes (1)
- F1. Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Shares purchased: 12.361 shares
Purchase price: $24.2700 per share
Post-transaction holdings: 30,054.537 shares
+4 more
7 metrics
Shares purchased
12.361 shares
Open-market purchase on 2026-07-01
Purchase price
$24.2700 per share
Price for 12.361 common shares
Post-transaction holdings
30,054.537 shares
Direct common stock owned after transaction
Option exercise price
$16.6200
Employee stock options expiring 2033-10-18
Option exercise price
$19.9000
Employee stock options expiring 2032-07-25
Option exercise price
$22.9300
Employee stock options expiring 2031-05-26
Option exercise price
$27.8700
Employee stock options expiring 2030-04-01
Key Terms
Dividend Reinvestment and Stock Purchase Plan, Employee Stock Options, open-market purchase, underlying security
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.
Employee Stock Options financial
"security_title: Employee Stock Options with various exercise prices and expirations."
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.
open-market purchase financial
"transaction_action: open-market purchase for common stock at $24.2700 per share."
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.
underlying security financial
"underlying_security_title: Common Stock as the underlying security for options."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RGC Resources (RGCO) report for Lawrence T. Oliver?
RGC Resources reported that Senior VP and Secretary Lawrence T. Oliver bought 12.361 shares of common stock at $24.2700 per share. The purchase was made through optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan.
What equity awards or options are listed for Lawrence T. Oliver in this RGC Resources (RGCO) filing?
The filing lists employee stock options for Lawrence T. Oliver with exercise prices of $16.6200, $19.9000, $22.9300, and $27.8700, expiring between 2030 and 2033, providing potential future rights to acquire common stock.
Was the RGC Resources (RGCO) insider purchase part of a specific plan?
Yes. The footnote states the 12.361-share purchase was made with optional cash contributions under the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan, indicating it occurred within that established shareholder program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
