RGC Resources (RGCO) CEO Paul W. Nester Buys 500 Shares

What Happened

• Paul W. Nester, President & CEO and a director of RGC Resources, acquired 500 shares on 2026-09-10 in an open-market purchase at $21.30 per share, for a total cost of $10,650. This is a straight purchase (transaction code P), which insiders’ buys are often watched as a sign of confidence but do not by themselves prove future performance.

Key Details

• Transaction date: 2026-09-10; Filing date: 2026-09-11 (timely).
• Price and size: 500 shares at $21.30 each — $10,650 total.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote F1: the insider’s holdings include multiple prior dividend-reinvestment purchases — fractional shares bought 02/02/2026, 05/01/2026, and 08/03/2026 through the company’s Dividend Reinvestment and Restricted Stock plans (details and fractional amounts listed in filing).
• Transaction type: P = purchase (open-market or private purchase as reported).

Context

• This was a direct purchase, not an option exercise, gift, or tax withholding. Purchases by executives are often seen as more informative than sales, but remain just one data point — they do not guarantee company performance.
• Filing was submitted the next day, which meets standard SEC timeliness for Form 4 reporting.