Oliver Lawrence T. 4
4 · RGC RESOURCES INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
RGC Resources (RGCO) Senior VP Oliver Lawrence T. Buys Stock
What Happened
Oliver Lawrence T., Senior Vice President and Secretary of RGC Resources, acquired 8.734 shares of RGCO common stock on 2026-06-01 at $22.90 per share, for a total cash outlay of $200. The purchase was made through the company's Dividend Reinvestment and Stock Purchase Plan (DRIP), which allows optional cash contributions to buy shares.
Key Details
- Transaction date: 2026-06-01; Price: $22.90; Shares: 8.734; Total value: $200
- Filing date / period of report: Form 4 filed 2026-06-03 for period 2026-06-01 — no late filing indicated in the provided data
- Shares owned after transaction: Not specified in the provided filing details
- Footnote: Purchase made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan
Context
Purchases via a DRIP are often routine reinvestments of dividends or small optional cash contributions rather than outright market-timed bets. While insider buys can be of interest to investors, this is a small, routine DRIP purchase ($200) and should be weighed alongside other insider activity and company fundamentals.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-06-01$22.90/sh+8.734$200→ 30,042.176 total
- 5,000
Employee Stock Options
Exercise: $27.87From: 2020-10-01Exp: 2030-04-01→ Common Stock (0 underlying) - 3,000
Employee Stock Options
Exercise: $22.93From: 2021-11-26Exp: 2031-05-26→ Common Stock (0 underlying) - 1,000
Employee Stock Options
Exercise: $19.90From: 2023-01-25Exp: 2032-07-25→ Common Stock (0 underlying) - 5,000
Employee Stock Options
Exercise: $16.62From: 2024-04-18Exp: 2033-10-18→ Common Stock (0 underlying)
Footnotes (1)
- [F1]Purchases made with optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.