VP at RGC Resources Acquires Company Stock Options Worth 5,000 Shares


Christen Brooke Miles, VP at RGC Resources (NASDAQ:RGCO), reported a large acquisition of company stock options on October 23, according to a new SEC filing.

What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Miles, VP at RGC Resources, a company in the Utilities sector, was just awarded stock options worth 5,000 shares of RGCO. The options give Miles the right to buy the company's stock at $16.62 per share.

RGC Resources shares are trading down 0.0% at $16.12 at the time of this writing on Tuesday morning. Since the current price is $16.12, this makes Miles's 5,000 shares worth $80,600.

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Full story available on Benzinga.com


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