BOXLEY ABNEY S III 4

What Happened

• Boxley Abney S III, a director of RGC Resources, received an award of 294.76 restricted shares on 2026-06-01 at an effective price/value of $22.90 per share, totaling $6,750. This was an equity grant (award/acquisition) issued under the company’s Restricted Stock Plan for Outside Directors, not an open-market purchase.

Key Details

• Transaction date and terms: 2026-06-01 — 294.76 shares issued at $22.90 per share (total value $6,750).
• Ownership disclosure: Footnote indicates the reporting person directly owns 69,302.468 shares and indirectly owns 375.000 shares through a UTMA account for the reporting person’s child.
• Footnotes: F1 = shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors. F2 = breakdown of direct and indirect holdings.
• Filing timeliness: Form 4 filed 2026-06-03 for the 2026-06-01 transaction (filed within the normal 2-business-day window).

Context

• This was a compensation award to an outside director — routine director equity compensation is common and does not necessarily signal the director is buying or selling based on company outlook. The grant is modest in value (~$6.8k) relative to typical executive transactions.