McClanahan Elizabeth A 4
Research Summary
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RGC Resources (RGCO) Director Elizabeth McClanahan Receives Award
What Happened
Elizabeth A. McClanahan, a director of RGC Resources, Inc. (RGCO), was issued 94.21 restricted shares on 2026-02-02 at a reported price of $22.22 per share, for a total value of approximately $2,093. The Form 4 classifies the transaction as an award/grant (code A) under the company’s Restricted Stock Plan for Outside Directors.
Key Details
- Transaction date: 2026-02-02; reported on Form 4 filed 2026-02-04 (appears to be timely).
- Shares/price/value: 94.21 shares × $22.22 = $2,093 (rounded).
- Footnote F1: Shares issued to McClanahan pursuant to an election under the Restricted Stock Plan for Outside Directors.
- Footnote F2: The total includes 43.378 restricted shares acquired 02/02/2026 via dividend reinvestment in the same plan.
- Shares owned after the transaction: not specified in the provided filing.
Context
These were restricted stock awards issued under the company’s Outside Directors Restricted Stock Plan; such shares are typically subject to the plan’s terms and any transfer or vesting restrictions. This is an acquisition (award) rather than a sale; the filing is informational and does not state any intent or future trading plans.