The charts on this page feature a breakdown of the total annual pay for the top executives at RGC RESOURCES INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. RGC RESOURCES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. RGC RESOURCES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Robert L. Wells II
Total Cash $284,795 Equity $91,800 Other $57,251 Total Compensation $433,846
Paul W. Nester
President & CEO
Total Cash $605,713 Equity $285,600 Other $57,510 Total Compensation $948,823
Carl J. Shockley Jr.
VP & COO Roanoke Gas Co.
Total Cash $324,731 Equity $116,280 Other $46,658 Total Compensation $487,669
For its 2021 fiscal year, RGC RESOURCES INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Paul W. Nester CEO Pay $977,349 Median Employee Pay $93,531 CEO Pay Ratio 10:1
For its 2021 fiscal year, RGC RESOURCES INC, listed the following board members on its annual proxy statement to the SEC.
Abney S. Boxley, III Total Cash $70,000
J. Allen Layman Total Cash $52,000
Jacqueline L. Archer Total Cash $56,000
John B. Williamson, III Total Cash $68,000
Maryellen F. Goodlatte Total Cash $57,000
Nancy Howell Agee Total Cash $52,000
S. Frank Smith Total Cash $65,000
T. Joe Crawford Total Cash $58,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.