Oliver Lawrence T. 4
Research Summary
AI-generated summary
RGC Resources (RGCO) Senior VP Oliver Lawrence T. Buys Shares
What Happened
- Oliver Lawrence T., Senior Vice President and Secretary of RGC Resources, acquired 9.001 shares on 2026-02-02 at $22.22 per share, for a total cash value of $200. The Form 4 lists the acquisition as a purchase (code P) made pursuant to the company’s Dividend Reinvestment and Stock Purchase Plan.
Key Details
- Transaction date: 2026-02-02; filing date: 2026-02-04 (appears timely).
- Price and size: 9.001 shares at $22.22 per share, total $200.
- Transaction type: Purchase (P) through company plans / dividend reinvestment.
- Footnotes: F1 — purchase made with optional cash contribution under the Dividend Reinvestment and Stock Purchase Plan. F2 — filing notes it includes 136.084 shares purchased 02/02/2026 via dividend reinvestment in the DRIP and 123.308 restricted shares purchased 02/02/2026 via the Restricted Stock Plan; see the filing for full detail on how these amounts factor into reported holdings.
- Shares owned after transaction: not specified in the summary data provided on this filing (refer to the full Form 4 for beneficial ownership totals).
Context
- This was a small purchase made through the company’s dividend reinvestment/stock purchase plans. Such reinvestment purchases are routine ways insiders accumulate shares and are generally treated as regular portfolio activity rather than a large directional bet.