Oliver Lawrence T. 4
4 · RGC RESOURCES INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
RGC Resources (RGCO) SVP Oliver Lawrence Buys 12.361 Shares
What Happened
Oliver Lawrence T., Senior Vice President and Secretary of RGC Resources, purchased 12.361 shares of RGC Resources common stock on July 1, 2026 at $24.27 per share, for a total cash outlay of about $300. This was a purchase (code P), which is typically viewed as a routine reinvestment rather than a sale.
Key Details
- Transaction date: 2026-07-01; Filing date (Form 4): 2026-07-02 (timely filing).
- Price and amount: 12.361 shares at $24.27 each; total ≈ $300.
- Shares owned after transaction: not disclosed in the provided filing extract.
- Footnote: Purchase made with optional cash contribution under RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan (DRIP/SPP).
- Transaction type: P = Purchase (direct buy via company plan).
Context
This purchase was executed through the company’s dividend reinvestment/stock purchase plan, meaning dividends or small optional cash contributions were used to acquire fractional shares. Such DRIP purchases are common and routine for insiders and often reflect dividend reinvestment rather than a new directional bet on the stock.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-07-01$24.27/sh+12.361$300→ 30,054.537 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.