BOXLEY ABNEY S III 4

What Happened

• Boxley Abney S III, a director of RGC Resources, received an award of 276.639 restricted shares on 2026-05-01 at a reported per-share value of $24.40, for a total value of $6,750. The shares were issued under the Restricted Stock Plan for Outside Directors as an election by the reporting person.

Key Details

• Transaction date: 2026-05-01; Form filed: 2026-05-05 (filed within the two-business-day window).
• Transaction type/code: Award/Grant (A).
• Price/value: $24.40 per share; total value $6,750.
• Beneficial ownership reported (after this grant): includes 69,007.708 shares owned directly, 474.300 restricted shares purchased via dividend reinvestment on 05/01/2026, 375.000 shares held indirectly (UTMA for a child), plus the 276.639-share grant — totaling approximately 70,133.647 shares beneficially owned.
• Footnotes: F1 — shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors. F2 — breakdown of direct, restricted (dividend reinvested), and indirect (UTMA) holdings.
• Filing timeliness: Filed on 05/05/2026 for a 05/01/2026 transaction and appears timely under the two-business-day rule.

Context

• This is a director compensation award (restricted stock) rather than an open-market purchase or sale. Such grants are common as part of outside director pay and do not necessarily indicate a trading-based signal about the company’s near-term prospects.
• The filing notes dividend reinvestment purchases on the same date, which are routine plan activity distinct from the grant.