RGC Resources (RGCO) Director Boxley Abney Receives 313-Share Award

What Happened
Boxley Abney S III, a director of RGC Resources, received a grant of 312.935 restricted shares on 2026-09-01. The award was issued at a per-share value of $21.57, with a total reported value of $6,750. This was an award under the company’s Restricted Stock Plan for Outside Directors (not an open-market purchase or sale).

Key Details

• Transaction type: Award/Grant (Form 4 code A) issued 2026-09-01; filing date 2026-09-02 (timely within SEC rules).
• Shares granted: 312.935 shares at $21.57 per share; total value reported $6,750.
• Beneficial ownership noted: footnote indicates the reporting person beneficially owns 70,759.548 shares directly and 375.000 shares indirectly through a UTMA account for the reporting person’s child.
• Footnote: Shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• No indication this was an option exercise, 10b5-1 sale plan, or tax-withholding share surrender.

Context
Restricted stock awards to outside directors are routine compensation and do not necessarily signal a buy or sell decision by the director. This grant increases Abney’s share holdings modestly and is part of director pay rather than an open-market investment.