RGC Resources (RGCO) VP adds common shares through stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RGC Resources VP Miles Christen Brooke, Vice President of Human Resources, reported an open-market purchase of common stock. On April 1, 2026, Brooke bought 4.619 shares at $21.65 per share using an optional cash contribution under the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan, bringing direct holdings to 9,732.13 shares. The filing also lists employee stock options with a $16.62 exercise price expiring on October 18, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4.619 shares ($100)
Net Buy
2 txns
Insider
Miles Christen Brooke
Role
VP, Human Resources
Bought
4.619 shs ($100.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4.619 | $21.65 | $100.00 |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,732.13 shares (Direct);
Employee Stock Options — 0 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 4.619 shares
Purchase price: $21.65 per share
Direct holdings after trade: 9,732.13 shares
+2 more
5 metrics
Shares purchased
4.619 shares
Common stock bought on April 1, 2026
Purchase price
$21.65 per share
Open-market purchase under company plan
Direct holdings after trade
9,732.13 shares
Common stock directly owned post-transaction
Option exercise price
$16.62
Employee stock options referencing common stock
Option expiration
October 18, 2033
Employee stock options term
Key Terms
Dividend Reinvestment and Stock Purchase Plan, open-market purchase, Employee Stock Options
3 terms
Dividend Reinvestment and Stock Purchase Plan financial
"pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan"
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Employee Stock Options financial
""security_title": "Employee Stock Options""
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
FAQ
What insider transaction did RGC Resources (RGCO) report for Miles Christen Brooke?
RGC Resources reported that VP of Human Resources Miles Christen Brooke purchased 4.619 shares of common stock. The shares were bought at $21.65 each on April 1, 2026, through an optional cash contribution under the company’s Dividend Reinvestment and Stock Purchase Plan.
Was the RGCO insider purchase made through a dividend reinvestment or stock purchase plan?
Yes. The filing states the purchases were made with an optional cash contribution pursuant to the RGC Resources, Inc. Dividend Reinvestment and Stock Purchase Plan. This indicates the transaction occurred within a company-sponsored plan rather than a standalone brokerage purchase.
What employee stock options are listed for Miles Christen Brooke in this RGCO Form 4?
The Form 4 lists employee stock options referencing RGC Resources common stock with a $16.62 exercise price and an October 18, 2033 expiration date. The entry is shown as a holding record, without additional shares indicated in the underlying security shares field.