Oliver Lawrence T. 4
4 · RGC RESOURCES INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
RGC Resources SVP Oliver Lawrence T. Buys Stock
What Happened
Oliver Lawrence T., Senior Vice President and Secretary of RGC Resources, bought 9.238 shares of RGCO common stock on 2026-04-01 at $21.65 per share, for a total cash value of approximately $200. This was a purchase (code P), a small-dollar buy that came through the company's dividend reinvestment/stock purchase plan.
Key Details
- Transaction date & price: 2026-04-01, 9.238 shares at $21.65 each.
- Transaction value: ~ $200 (acquired).
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Filing date / timeliness: Report filed 2026-04-02 (next business day).
- Footnote: Purchase made via optional cash contribution under RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan (DRIP).
Context
DRIP purchases are automatic reinvestments of dividends or optional small cash contributions and are common for insiders who participate in company plans; they are routine and don’t necessarily signal a change in outlook. This was a modest, plan-driven buy rather than a large, discretionary market purchase.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-04-01$21.65/sh+9.238$200→ 29,786.472 total
- 5,000
Employee Stock Options
Exercise: $27.87From: 2020-10-01Exp: 2030-04-01→ Common Stock (0 underlying) - 3,000
Employee Stock Options
Exercise: $22.93From: 2021-11-26Exp: 2031-05-26→ Common Stock (0 underlying) - 1,000
Employee Stock Options
Exercise: $19.90From: 2023-01-25Exp: 2032-07-25→ Common Stock (0 underlying) - 5,000
Employee Stock Options
Exercise: $16.62From: 2024-04-18Exp: 2033-10-18→ Common Stock (0 underlying)
Footnotes (1)
- [F1]Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.