Ellett Frank Russell 4

What Happened

• Ellett Frank Russell (Director) acquired 471.047 shares of RGC Resources, Inc. on 2026-02-02 at an effective price of $22.22 per share, a total value of about $10,467. The transaction is reported as an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 02/02/2026 at $22.22 per share.
• Total shares acquired: 471.047; total value ≈ $10,467.
• Breakdown per filing footnotes: 71.667 of the shares were purchased via dividend reinvestment (DRIP); the remainder were issued under the Restricted Stock Plan for Outside Directors (per election).
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Report filed 02/04/2026 for a 02/02/2026 transaction — appears timely (within the typical 2-business-day Form 4 window).

Context

• These shares were issued as director compensation (restricted stock plan election) and partly via dividend reinvestment; such awards are routine for non-employee directors and do not necessarily indicate a change in the director’s view of the company. This was not an option exercise, sale, or 10b5-1 transaction.