RGC RESOURCES INC·4

Jul 2, 11:46 AM ET

Oliver Lawrence T. 4

Research Summary

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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.