Director Frank Russell Ellett filed a Form 4 with the SEC on November 4, 2026, disclosing the acquisition of common stock in RGC Resources Inc. (NASDAQ:RGCO) on November 2, 2026.

Key Highlights

  • Shares acquired: 227.141 shares of common stock were acquired on November 2, 2026, at a price of $23.04 per share.
  • Plan issuance: The shares were issued pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
  • Post-transaction ownership: Following the transaction, Ellett beneficially owned 15,913.69 shares directly.
  • Dividend reinvestment included: The post-transaction total includes 22.293 restricted stock shares and 71.128 shares purchased on November 2, 2026, through dividends reinvested in separate plans.
  • Filing role: Ellett is identified as a Director of RGC Resources Inc.

RGC Resources Director Ellett Receives Shares Under Restricted Stock Plan

According to the Form 4 filed on November 4, 2026, Frank Russell Ellett, a Director of RGC Resources Inc., acquired 227.141 shares of common stock on November 2, 2026. The filing identifies the transaction code as "A" (acquired) and states the price per share as $23.04. The shares were issued to Ellett "pursuant to an election under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.," as explained in the filing's footnotes.

The filing reports that following this transaction, Ellett held 15,913.69 shares of common stock directly. The filing further explains that this total includes 22.293 restricted stock shares purchased on November 2, 2026, through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc., and 71.128 shares purchased on November 2, 2026, through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan.

The form was signed by Timothy J. Mulvaney as power of attorney for Frank Russell Ellett, under a power of attorney dated March 4, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Director Frank Russell Ellett reported the acquisition of 227.141 shares of RGC Resources Inc. common stock at $23.04 per share on November 2, 2026, under the company's Restricted Stock Plan for Outside Directors, bringing his direct beneficial ownership to 15,913.69 shares.