Archer Jacqueline L. 4

What Happened

• Jacqueline L. Archer, a director of RGC Resources, received/was issued 254.275 shares on 2026-02-02 at an implied value of $22.22 per share, totaling about $5,650. The issuance is reported as an award/acquisition under the company's Restricted Stock Plan for Outside Directors.

Key Details

• Transaction date: 2026-02-02; filing date (Form 4): 2026-02-04 (timely filing).
• Price/value: $22.22 per share; total value ≈ $5,650.
• Shares acquired: 254.275 total; this includes 172.972 restricted shares purchased on 02/02/2026 via dividend reinvestment into the Restricted Stock Plan for Outside Directors (per footnote F2).
• Footnote F1: Shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• These shares were issued under the company's restricted stock plan for outside directors (compensation/plan-related issuance), not an open-market purchase or sale. Dividend reinvestment increased the number of restricted shares issued to the director. Such plan-driven awards reflect director compensation and are different from opportunistic insider buys or sells.