RGC Resources director awarded 471 shares at $22.22

RGC Resources director Frank Russell Ellett reported acquiring additional common stock in the company.

Accepted by SEC EDGAR 02/04/2026 - 04:57 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

RGC Resources director Frank Russell Ellett reported acquiring additional common stock in the company. On February 2, 2026, he received 471.047 shares of RGC Resources common stock at $22.22 per share, increasing his direct holdings to 13,561.305 shares.

The filing explains that these shares were issued under the Restricted Stock Plan for Outside Directors, reflecting stock-based compensation, and that his total also includes 71.667 shares purchased the same day through dividends reinvested in the company’s Dividend Reinvestment and Stock Purchase Plan.

Insider Trade Summary

Grant/Award: 471.047 shares

Grant/Award 1 txn

Insider Ellett Frank Russell

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	471.047	$22.22	$10K

Holdings After Transaction: Common Stock — 13,561.305 shares (Direct)

Holdings Before and After: Common Stock, 13,090.258 to 13,561.305 shares (Direct)

Footnotes (2)

1. F1. Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
2. F2. Includes 71.667 shares purchased 02/02/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did RGC Resources (RGCO) director Frank Russell Ellett report in this Form 4?

He reported acquiring 471.047 shares of RGC Resources common stock. The shares were received as part of director compensation and dividend reinvestment, raising his direct holdings to 13,561.305 shares as of February 2, 2026.

How many RGC Resources (RGCO) shares did the director acquire and at what price?

He acquired 471.047 shares of RGC Resources common stock at $22.22 per share. These shares were issued pursuant to the company’s Restricted Stock Plan for Outside Directors rather than through an open-market purchase.

What is Frank Russell Ellett’s total RGC Resources (RGCO) share ownership after this transaction?

After the reported transaction, Frank Russell Ellett directly owns 13,561.305 shares of RGC Resources common stock. This total includes both the newly issued restricted shares and additional shares accumulated through dividend reinvestment on February 2, 2026.

Was this RGC Resources (RGCO) insider transaction a purchase on the open market?

No, the Form 4 indicates the shares were issued under a Restricted Stock Plan for Outside Directors. The filing also notes additional shares came from dividends reinvested through the company’s Dividend Reinvestment and Stock Purchase Plan, not from open-market buying.

What role does Frank Russell Ellett hold at RGC Resources (RGCO)?

He is identified as a director of RGC Resources. The reported stock issuance occurred under the Restricted Stock Plan for Outside Directors, which compensates board members with company shares instead of, or in addition to, cash fees.

How were dividends used in this RGC Resources (RGCO) insider filing?

The filing states that 71.667 of the reported shares were purchased through dividends reinvested on February 2, 2026. These dividends were automatically used to buy additional RGC Resources shares via the company’s Dividend Reinvestment and Stock Purchase Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Ellett Frank Russell

(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)
02/02/2026

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	02/02/2026		A(1)		471.047	A	$22.22	13,561.305(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 71.667 shares purchased 02/02/2026 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

	/s/ Frank Russell Ellett	02/04/2026
	** 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.
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