RGC Resources (RGCO) Director Thomas J. Crawford Receives Award

What Happened
Thomas J. Crawford, a director of RGC Resources, received 123.779 shares valued at $21.49 each (total reported value $2,660) on 2026-08-03. The transaction is coded as an award/grant (A) under the company’s Restricted Stock Plan for Outside Directors, so this is an issuance/acquisition rather than a sale.

Key Details

• Transaction date: 2026-08-03; price reported: $21.49 per share; total value reported: $2,660.
• Share breakdown per footnotes: 102.629 shares were purchased via dividend reinvestment in the Restricted Stock Plan; the remaining ~21.15 shares were issued pursuant to an election under the plan.
• Shares owned after the transaction: not specified in the provided Form 4 extract.
• Filing timeliness: Form 4 filed 2026-08-05 (appears timely; no late filing flag).
• Transaction code: A = Grant/award/other acquisition (not a sale or option exercise).

Context
This is a director compensation-related issuance (restricted stock and dividend reinvestment), a routine way companies compensate outside directors. Such awards align compensation with share ownership but are common and do not by themselves indicate insider sentiment about the company’s near-term prospects.