C. James Shockley Jr. - 02 Jan 2024 Form 4 Insider Report for RGC RESOURCES INC (RGCO)

Role: VP & COO
Signature: /s/ C. James Shockley, Jr.
Issuer symbol: RGCO
Transactions as of: 02 Jan 2024
Net transactions value: +$160,087
Form type: 4
Filing time: 04 Jan 2024, 16:07:08 UTC
Previous filing: 02 Nov 2023
Next filing: 05 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGCO	Common Stock	Award	$160,087	+7,929	+34%	$20.19	31,454	02 Jan 2024	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	RGCO	Employee Stock Options						4,500	02 Jan 2024	Common Stock	0	$14.15	Direct
holding	RGCO	Employee Stock Options						4,500	02 Jan 2024	Common Stock	0	$16.37	Direct

* 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 2,643.000 shares vesting on 01/02/2024, 2,643.000 shares vesting on 01/02/2025, and 2,643.000 shares vesting on 01/02/2026.
F2	Total includes 5,286.000 shares of unvested restricted stock from current and prior grants and also includes 149.779 shares purchased 11/01/2023 through dividends reinvested in the RGC Resources, Inc. Dividend Reinvestment Stock Purchase Plan and 142.486 restricted shares purchased 11/01/2023 through dividends reinvested in the RGC Resources, Inc. Restricted Stock Plan.