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RGC Resources CEO Paul Nester buys $6,323 in company stock

RGC Resources CEO Paul Nester buys $6,323 in company stock

In a recent transaction, RGC Resources Inc. CEO Paul Nester acquired 300 shares of the company's common stock, amounting to $6,323, on September 23, 2026. This move comes as the stock trades near its 52-week low of $20.55, currently priced at $20.93, and offers a dividend yield of 4.19%. The purchase was reported in a Form 4 filing with the Securities and Exchange Commission on September 25, 2026.

Despite recent financial challenges, including a revenue shortfall in the third quarter of fiscal 2026 and concerns over potential declines in margins and net income, Nester's stock purchase indicates confidence in the company's long-term prospects. RGC Resources continues to navigate operational hurdles, such as damage to its LNG facility, and is working on long-term supply and storage strategies.

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