Welcome to our dedicated page for Rgc Resources SEC filings (Ticker: RGCO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
RGC Resources Inc. filings document the company’s Virginia natural gas utility business, consolidated operating results and corporate governance matters. Recent Form 8-K disclosures include earnings releases, Regulation FD presentation materials, and other event reports related to quarterly performance, utility margins, rate-related commentary and company operations.
The filing record also covers capital-structure matters for Roanoke Gas Company, including revolving credit and private shelf agreement amendments, direct financial obligations, borrowing limits and debt covenants. Proxy and shareholder-vote filings document director elections, auditor ratification, equity-plan share authorization, executive compensation votes and board governance for RGCO.
RGC Resources VP Thomas Patrick Furcron, VP of Field Operations, reported two transactions in company common stock on 01/02/2026. He purchased 20.093 shares at $21.40 per share through optional cash contributions under the company’s Dividend Reinvestment and Stock Purchase Plan. On the same date, he was issued 2,622 shares under a Restricted Stock Plan at a reporting price of $21.40 per share.
The restricted award is scheduled to vest over three years, with 874.000 shares vesting on 01/02/2026, 874.000 shares on 01/04/2027, and 874.000 shares on 01/03/2028. After these transactions, Furcron directly beneficially owned 3,789.725 shares of RGC Resources common stock, including 1,748.000 shares of unvested restricted stock from the current grant.
RGC Resources reported that President and CEO Paul W. Nester acquired 13,679 shares of common stock on 01/02/2026 through a restricted stock award under the company’s Restricted Stock Plan at a reported price of $21.40 per share. The award is scheduled to vest over three years, with 4,559.667 shares vesting on 01/02/2026, 4,559.667 shares vesting on 01/04/2027, and 4,559.666 shares vesting on 01/03/2028.
After this grant, Nester beneficially owned 132,954.914 shares of RGC Resources common stock directly. This total includes 13,560.999 shares of unvested restricted stock from current and prior grants, 89.789 shares acquired through dividend reinvestment in the Dividend Reinvestment Stock Purchase Plan, and 174.475 restricted shares acquired through dividend reinvestment in the Restricted Stock Plan.
RGC Resources VP, Treasurer and CFO Timothy J. Mulvaney reported receiving 5,606 shares of common stock on 01/02/2026 as an award under the company’s Restricted Stock Plan at a reported price of $21.40 per share. The award is scheduled to vest over three years, with 1,868.667 shares vesting on 01/02/2026, 1,868.667 shares vesting on 01/04/2027, and 1,868.666 shares vesting on 01/03/2028.
After this transaction, Mulvaney beneficially owns 13,242.707 shares, which include 7,153.333 unvested restricted shares from current and prior grants, plus small amounts acquired through dividend reinvestment in the company’s Dividend Reinvestment Stock Purchase Plan and Restricted Stock Plan. The filing lists his ownership as direct.
RGC Resources executive Lawrence T. Oliver, Senior VP and Secretary, reported additional ownership of company stock. On 01/02/2026, he purchased 9.346 shares of common stock at $21.40 per share through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan. On the same date, he was granted 5,482 shares of restricted stock at a reference price of $21.40 per share under the Restricted Stock Plan.
The restricted award is scheduled to vest over three years, with 1,827.333 shares vesting on 01/02/2026, 1,827.333 shares on 01/04/2027, and 1,827.334 shares on 01/03/2028. Following these transactions, he directly owned 29,499.795 shares of common stock, which includes 5,353.667 unvested restricted shares from current and prior grants. The filing also lists previously granted employee stock options covering 5,000, 3,000, 1,000, and 5,000 shares at exercise prices of $27.87, $22.93, $19.90, and $16.62, with expirations between 2030 and 2033.
RGC Resources executive Christen Brooke Miles, VP of Human Resources, reported two stock transactions involving company common shares. On 01/02/2026, Miles purchased 4.673 shares of common stock at $21.40 per share through the company’s Dividend Reinvestment and Stock Purchase Plan. On the same date, Miles received an award of 2,736 shares of restricted stock at a stated value of $21.40 per share under the Restricted Stock Plan.
The restricted shares are scheduled to vest over three years, with 912.000 shares vesting on 01/02/2026, 912.000 on 01/04/2027, and 912.000 on 01/03/2028. Following these transactions, Miles directly owned 9,624.281 common shares, including 2,712.334 shares of unvested restricted stock from current and prior grants. Miles also held 5,000 employee stock options with a $16.62 exercise price, exercisable from 04/18/2024 and expiring on 10/18/2033.
RGC Resources director Elizabeth A. McClanahan reported acquiring 90.031 shares of common stock on 01/02/2026 at a price of $21.40 per share. These shares were issued pursuant to her election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
Following this grant, she beneficially owns a total of 4,431.56 shares of RGC Resources common stock in direct ownership form.
RGC Resources director Thomas J. Crawford reported an automatic stock award under the company’s Restricted Stock Plan for Outside Directors. On 01/02/2026, he acquired 105.607 shares of RGC Resources common stock in a transaction coded "A" for acquisition.
The shares were issued directly to him as a result of his election under the outside directors’ restricted stock plan at a reported price of $21.4 per share. Following this grant, Crawford directly beneficially owns 13,765.198 shares of RGC Resources common stock.
RGC Resources director Abney S. Boxley III reported receiving 315.421 shares of common stock on 01/02/2026 at $21.40 per share. The shares were issued under the Restricted Stock Plan for Outside Directors, reflecting equity compensation rather than an open-market trade. Following this grant, he beneficially owned a total of 67,204.061 shares, including 66,829.061 shares owned directly and 375.000 shares held indirectly through a UTMA account for his child.
RGC Resources, Inc. is asking shareholders to vote at its virtual annual meeting on January 26, 2026. Shareholders of record as of November 28, 2025, when 10,350,531 common shares were outstanding, may vote online, by phone, mail or during the meeting.
There are four key proposals: elect three Class B directors (Jacqueline L. Archer, Frank Russell Ellett and Robert B. Johnston) to three-year terms; ratify Deloitte & Touche LLP as independent auditor for the year ending September 30, 2026; authorize an additional 50,000 common shares for issuance under the Stock Bonus Plan for non-officers; and approve, on an advisory basis, executive compensation.
The company reports 2025 net income of $13.3 million, or $1.29 per share, and a 3.8% dividend increase to an annual rate of $0.83 per share, continuing a dividend growth streak since 2004. CEO Paul W. Nester’s 2025 total compensation was $1,014,851, and the CEO pay ratio was 11 to 1 based on median employee pay of $90,935. The proxy describes a pay-for-performance program using cash incentives and restricted stock, strong board and committee independence, oversight of risk and cybersecurity, and ongoing ESG and pipeline renewal initiatives.
RGC Resources, Inc. is a Virginia-based holding company whose main business is Roanoke Gas, a regulated natural gas utility serving the Roanoke Valley. In 2025, regulated gas distribution provided more than 99% of total revenues, with 62,527 customers and natural gas deliveries of 11,493,415 DTHs generating $95.2 million of revenue and $52.7 million of margin. Residential users make up just over 91% of customers but less than 35% of volume, while contributing more than half of revenue and margin.
The company depends on multiple interstate pipelines and an LNG facility that can store up to 200,000 DTH and support peak daily deliveries of 118,606 DTH. It highlights operational, regulatory and financial risks, including pipeline and LNG incidents, cyber attacks, ESG-driven regulation, capital access and customer concentration in its service area. RGC notes a cybersecurity program with board oversight and reports no cybersecurity incidents with material impact over the past three years. As of March 31, 2025, non-affiliate equity market value was about $171.9 million, with 10,350,531 common shares outstanding as of November 30, 2025.