Oliver Lawrence T. 4
Research Summary
AI-generated summary
RGC Resources SVP Oliver Lawrence Buys 8.197 Shares
What Happened
- Oliver Lawrence, Senior Vice President and Secretary of RGC Resources, purchased 8.197 shares on 2026-05-01 at $24.40 per share, a total of roughly $200. This transaction is reported as a purchase (code P).
Key Details
- Transaction date and price: May 1, 2026 — 8.197 shares at $24.40 each.
- Transaction type: Purchase (P) — made with an optional cash contribution under the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan (footnote F1).
- Additional activity noted: the filing also references dividend reinvestment purchases on 05/01/2026 of 125.382 shares via the Dividend Reinvestment and Stock Purchase Plan and 113.391 restricted shares via the Restricted Stock Plan (footnote F2).
- Shares owned after transaction: not specified in the provided summary of the filing.
- Timeliness: The Form 4 was filed on 2026-05-05 for a 2026-05-01 transaction; this appears to be within the normal two-business-day reporting window (not marked late).
Context
- These purchases were executed through the company’s dividend reinvestment/stock purchase arrangements and restricted stock plan, which are routine ways insiders accumulate shares. Such purchases are factual disclosures and do not, by themselves, indicate a specific insider view on the company’s prospects.