RGC Resources (RGCO) Director Frank Ellett Receives 243 Shares

What Happened
Frank Russell Ellett, a director of RGC Resources, acquired 243.524 shares on August 3, 2026 through a grant/award and dividend reinvestment. The shares were priced at $21.49 each, for a total value of about $5,233. This was recorded on a Form 4 filed August 5, 2026. Such grants and dividend reinvestments for outside directors are typically routine compensation rather than market-timing purchases.

Key Details

• Transaction date: 2026-08-03; Filing date: 2026-08-05. No late filing flag noted.
• Transaction type/code: A — Grant, award or other acquisition.
• Shares acquired: 243.524 at $21.49 per share; total value ≈ $5,233.
• Footnote F1: Shares issued pursuant to an election under the Restricted Stock Plan for Outside Directors.
• Footnote F2: Includes 16.361 restricted stock shares purchased via dividend reinvestment in the Restricted Stock Plan for Outside Directors and 75.494 shares purchased via dividend reinvestment in the company’s Dividend Reinvestment & Stock Purchase Plan.
• Shares owned after the transaction: not specified in the provided filing details.

Context
This transaction combines a director compensation award and dividend reinvestments — common mechanisms for outside directors to receive equity. Such awards are generally routine compensation and do not necessarily indicate a change in the director’s view on the company’s stock.