4Filed Aug 4, 8:00 PM ET
RGC Resources Director Boxley Abney Receives 314 Shares Award
$RGCO · RGC RESOURCES INCResearch Summary
AI-generated summary of this SEC filing
RGC Resources Director Boxley Abney Receives 314 Shares Award
What Happened
- Boxley Abney S. III, a director of RGC Resources, received an award of 314.1 restricted shares on 2026-08-03. The shares were issued at a value of $21.49 each, for a total value of $6,750 (transaction code A = award/grant).
Key Details
- Transaction date: 2026-08-03; Filing date: 2026-08-05 (file appears timely; Form 4 generally due within two business days).
- Grant details: 314.1 shares @ $21.49 per share; total value reported $6,750.
- Ownership reported in filing (see footnote): includes 70,446.613 shares owned directly, 551.924 restricted shares purchased 08/03/2026 via dividend reinvestment in the Restricted Stock Plan for Outside Directors, and 375.000 shares owned indirectly through a UTMA for the reporting person's child.
- Footnote F1: Shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors.
- Transaction type: Award/grant of restricted stock (not an open-market purchase or sale).
Context
- This was an issuance of restricted stock under the company’s outside-director plan (routine compensation for board service). Such awards are compensation rather than a direct market signal; they do not reflect an open-market purchase or sale.