4Filed Sep 1, 8:00 PM ET
RGC Resources (RGCO) Director Jacqueline L. Archer Receives 262-Share Award
$RGCO · RGC RESOURCES INCResearch Summary
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RGC Resources (RGCO) Director Jacqueline L. Archer Receives 262-Share Award
What Happened
- Jacqueline L. Archer, a director of RGC Resources, Inc. (RGCO), was granted 261.938 shares on 2026-09-01. The shares were valued at $21.57 each for a total value of about $5,650. The transaction is reported as an award/grant (transaction code A), meaning the shares were issued to her rather than purchased on the open market.
Key Details
- Transaction date and price: 2026-09-01 at $21.57 per share.
- Shares received: 261.938 restricted shares (total value ≈ $5,650).
- Shares owned after transaction: not specified in the provided filing data.
- Footnote: F1 — Shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
- Filing timeliness: Form filed 2026-09-02 (one day after the transaction), which appears to be timely under Form 4 reporting rules.
Context
- This was a compensation-related grant to an outside director (not an open-market purchase or sale). Such awards are routine for director compensation and do not, by themselves, indicate the insider’s personal trading decision or a company outlook. The award appears to reflect an election under the company’s restricted stock plan for outside directors.