Ellett Frank Russell 4

What Happened
Ellett Frank Russell, a director of RGC Resources, Inc. (RGCO), was granted 241.724 shares on April 1, 2026 as an award/other acquisition. The reporting Form 4 shows an acquisition price of $21.65 per share, representing a total value of about $5,233. This was an issuance under the company’s restricted stock plan for outside directors (see footnote F1), i.e., a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-01; Transaction type/code: A (award/acquisition)
• Shares granted: 241.724; Price used for reporting: $21.65 per share; Total value ≈ $5,233
• Shares owned after transaction: not specified in the provided filing summary
• Footnote: F1 — Shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Filing date: 2026-04-02 (appears timely relative to the 4/1 transaction)

Context
This was a restricted stock award to an outside director as part of director compensation; such grants are routine and reflect compensation, not necessarily a personal investment signal. No option exercise, sale, or 10b5-1 trading plan is indicated in this report.