4Filed Aug 4, 8:00 PM ET

RGC Resources (RGCO) Senior VP Oliver Lawrence T. Buys Shares

$RGCO · RGC RESOURCES INC

Research Summary

AI-generated summary of this SEC filing

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RGC Resources (RGCO) Senior VP Oliver Lawrence T. Buys Shares

What Happened

  • Oliver Lawrence T., Senior Vice President and Secretary of RGC Resources, purchased 9.307 shares of RGCO on 2026-08-03 at $21.49 per share for a total of about $200. This was a purchase (a net buy), executed through company plans rather than an open-market sale — a routine insider buy signal, often viewed as a minor bullish indicator.

Key Details

  • Transaction date and price: 2026-08-03 — 9.307 shares at $21.49 each (total ≈ $200).
  • Method: Purchase under the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan (footnote F1).
  • Additional reported activity (footnote F2): the filing notes 21.194 shares purchased 08/03/2026 through dividend reinvestment in the Dividend Reinvestment and Stock Purchase Plan and 61.877 restricted shares purchased 08/03/2026 through dividend reinvestment in the Restricted Stock Plan.
  • Shares owned after the transaction: not specified in the provided excerpt of the filing.
  • Filing timeliness: Transaction reported on Form 4 filed 2026-08-05 for a 2026-08-03 trade — appears timely (Form 4 is generally due within two business days).

Context

  • These purchases were made via dividend reinvestment and plan contributions (not a 10b5-1 sale/exercise or a gift), which are often automatic or modest periodic purchases rather than large discretionary buys. While purchases can be a positive signal, small DRIP contributions like this are routine and should be weighed accordingly by retail investors.