RGC Resources Inc (RGCO): director Ellett Frank Russell received 242.396 shares

What happened Ellett Frank Russell, a director of RGC Resources Inc, received 242.396 shares as an award at $21.59 per share, totaling $5,233. The Form 4 reports the transaction as an acquisition (code A).

Key details

• Transaction date: Oct 1, 2026; filing date: Oct 2, 2026. Price reported: $21.59 per share.
• Transaction type/code: Award/grant (A).
• Shares owned following the transaction: not stated in this filing.
• Footnote F1: "Shares issued to reporting person pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."

Why it may matter

• This was an award of restricted stock under the outside directors' plan, meaning the shares were issued to the director rather than bought on the open market.
• A Form 4 filing does not show why the insider traded or why the company acted.