BOXLEY ABNEY S III 4

What Happened

• Boxley Abney S. III, a director of RGC Resources, received an award of 311.778 shares on 2026-04-01 at a reported price of $21.65 per share, for a total value of $6,750. This was an award/acquisition under the company’s Restricted Stock Plan for Outside Directors — a routine form of director compensation (an acquisition, not an open-market purchase).

Key Details

• Transaction date and price: 2026-04-01, 311.778 shares at $21.65 each (total $6,750).
• Shares owned after transaction: filing implies reported holdings increase by the award to roughly 68,568.547 shares (based on 68,256.769 shares reported directly prior plus 311.778 award); filing also notes 375 shares held indirectly in a UTMA for the reporting person’s child.
• Footnotes: F1 — shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors. F2 — ownership disclosure includes 68,256.769 shares owned directly and 375.000 shares owned indirectly through a UTMA account for the reporting person’s child.
• Filing/timeliness: Form 4 filed 2026-04-02 for a 2026-04-01 transaction (appears timely).

Context

• This is a standard director equity grant used for outside-director compensation and should be viewed as a routine award rather than an explicit market-timing signal. Indirect holdings (UTMA) are disclosed separately and represent shares held for the director’s child.