Archer Jacqueline L. 4
Research Summary
AI-generated summary
RGC Resources Director Jacqueline Archer Receives 261 Shares
What Happened
Jacqueline L. Archer, a director of RGC Resources, acquired 260.97 shares (transaction code A — award/other acquisition) on 2026-04-01. The per-share value reported was $21.65, for a total grant value of approximately $5,650. This was an award of restricted stock issued as compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
- Price/value: $21.65 per share; total value ≈ $5,650.
- Shares acquired: 260.97 (reported as an award).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: Shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc. (F1).
- Filing timeliness: No late filing indicated.
Context
This was an awarded grant of restricted stock under the outside directors’ plan—common director compensation—rather than a market purchase or sale. Such awards are routine and reflect compensation arrangements; they do not by themselves indicate a personal market view by the director.