CRAWFORD THOMAS J 4
Research Summary
AI-generated summary
RGC (RGCO) Director Thomas J. Crawford Receives 109 Shares
What Happened
- Thomas J. Crawford, a director of RGC Resources, acquired 109.016 restricted shares on 2026-05-01 at an assigned value of $24.40 per share, a total value of approximately $2,660. The grant/issuance was made under RGC’s Restricted Stock Plan for Outside Directors.
Key Details
- Transaction date and price: 2026-05-01 at $24.40 per share.
- Total shares acquired: 109.016; total value ≈ $2,660.
- Breakdown: 86.632 of the shares were purchased via dividend reinvestment on 05/01/2026; the remaining 22.384 shares were issued pursuant to an election under the outside directors’ restricted stock plan.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed 2026-05-05, within the typical two-business-day SEC filing window for Form 4 (timely).
Context
- This was an issuance/acquisition under the company’s director restricted stock plan (routine compensation/plan activity), not an open-market purchase or sale. Such plan-based awards and dividend reinvestments are common for outside directors and do not by themselves indicate a change in insider sentiment.