Furcron Thomas Patrick 4

What Happened
Thomas P. Furcron, VP of Field Operations at RGC Resources, purchased 19.352 shares of RGC Resources (RGCO) on 2026-02-02 at $22.22 per share for a total of about $430. The reported purchase was made under the company’s Dividend Reinvestment and Stock Purchase Plan (DRIP/ESPP) and is recorded as a purchase (code P).

Key Details

• Transaction date and price: 2026-02-02 — 19.352 shares at $22.22 each (total ≈ $430).
• Filing date: 2026-02-04 (filed within the usual 2-business-day Form 4 window; not marked late).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1 — Purchase made with an optional cash contribution under the RGC Dividend Reinvestment and Stock Purchase Plan.
  • F2 — The filing also notes additional dividend-reinvested purchases on 02/02/2026: 13.569 shares via the DRIP and 23.526 restricted shares via the Restricted Stock Plan.
• Transaction code: P (purchase).

Context
Purchases made through a DRIP/stock purchase plan often reflect reinvested dividends or small optional cash contributions and are common for insiders; they differ from large open-market buys in size and intent. These are small-dollar, routine plan purchases rather than large strategic acquisitions — factual evidence of insider buying but not definitive proof of a change in company outlook.