RGC Resources (RGCO) Director Robert B. Johnston Buys 420 Shares

What Happened
Robert B. Johnston, a director of RGC Resources, acquired 420 shares on September 14, 2026. The filing shows a purchase (transaction code P) at $21.06 per share for a total reported value of $8,845. This was a direct purchase (open-market or private purchase as reported), not an option exercise or award.

Key Details

• Transaction date and price: 2026-09-14 at $21.06 per share.
• Shares purchased: 420; total value: $8,845.
• Transaction code: P = Purchase (open-market or private purchase).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes/plan info: none disclosed in the excerpt (no 10b5-1 plan or tax-withholding noted).
• Filing timeliness: Form 4 filed 2026-09-15 — within the SEC’s typical 2-business-day reporting window (not late).

Context
Insider purchases can be interpreted as a positive signal because they cost the insider personal funds, but a single small purchase like this ($8.8k) may have limited informational weight. Retail investors should view this as a factual data point and consider it alongside other filings, company fundamentals, and news.