Layman J. Allen has filed a Form 5 with the SEC, detailing several stock transactions involving RGC Resources Inc. This filing is significant as it showcases Allen's continued investment in the natural gas sector, particularly through a restricted stock plan for outside directors.

RGC Resources Inc., based in Roanoke, Virginia, operates in the natural gas transmission and distribution industry. The company is identified by the Central Index Key (CIK) 0001069533 and trades under the symbol RGCO. Allen's recent filings indicate a pattern of stock acquisitions that may reflect his ongoing commitment to the company.

According to the filing dated November 4, 2026, Allen reported multiple transactions involving common stock of RGC Resources. Notably, he acquired shares through dividends reinvested in the company's Restricted Stock Plan. The transactions include:

"Shares purchased 11/03/2025 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."

"Shares purchased 02/02/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."

"Shares purchased 05/01/2026 through dividends reinvested in the Restricted Stock Plan for Outside Directors of RGC Resources, Inc."

Allen's stock purchases reflect a total of 1,384.811 shares acquired over the specified periods, with the most recent transaction occurring on May 1, 2026. Following these transactions, Allen holds a total of 74,891.741 shares in RGC Resources.

The filing also notes that Allen ceased to be a director of RGC Resources upon his retirement from the board on January 26, 2026. This change may affect future governance decisions within the company, as Allen is no longer subject to Section 16 of the Securities Exchange Act of 1934.

As the natural gas industry continues to evolve, Allen's ongoing investments may influence perceptions of RGC Resources' stability and growth potential. The filing does not specify what happens next regarding Allen's involvement with the company or any further transactions.