Paul W. Nester - 02 Jan 2024 Form 4 Insider Report for RGC RESOURCES INC (RGCO)

Signature
/s/ Paul W. Nester
Issuer symbol
RGCO
Transactions as of
02 Jan 2024
Transactions value $
$420,699
Form type
4
Filing time
04 Jan 2024, 16:11:13 UTC
Previous filing
25 Aug 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RGCO Common Stock Award $421K +20.8K +25.86% $20.19 101K 02 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued on 01/02/2024 to reporting person pursuant to an award under the Restricted Stock Plan to be vested over a three-year period with 6,945.667 shares vesting on 01/02/2024, 6,945.667 shares vesting on 01/02/2025, and 6,945.666 shares vesting on 01/02/2026.
F2 Total includes 13,891.333 shares of unvested restricted stock from current and prior grants and also includes 84.348 shares purchased 11/01/2023 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchase Plan and 62.492 restricted shares purchased 11/01/2023 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.