Archer Jacqueline L. 4
4 · RGC RESOURCES INC · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
RGC Resources (RGCO) Director Jacqueline Archer Receives 231.557 Shares
What Happened
Jacqueline L. Archer, an outside director of RGC Resources, received an award/acquisition of 231.557 restricted shares on 2026-05-01. The shares were valued at $24.40 each for a total reported value of $5,650. This was an issuance under the company’s Restricted Stock Plan for Outside Directors (a routine director compensation event), not an open-market buy or sale.
Key Details
- Transaction date and price: 2026-05-01 at $24.40 per share.
- Shares acquired: 231.557 restricted shares; total reported value $5,650.
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes:
- F1: Shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors.
- F2: The total includes 165.930 restricted shares purchased 05/01/2026 through dividends reinvested in the same plan.
- Filing timeliness: Form 4 was filed 2026-05-05 for a 2026-05-01 transaction (filed within the normal two-business-day window), so the filing appears timely.
Context
This transaction reflects director compensation and dividend reinvestment activity rather than a buy/sell that signals immediate personal market views. Such awards and reinvestments are common for outside directors and are typically part of the company’s routine governance and pay practices.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-01$24.40/sh+231.557$5,650→ 22,012.194 total
Footnotes (2)
- [F1]Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
- [F2]Includes 165.930 restricted stock shares purchased 05/01/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.