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.