Form 4: RPC CEO Ben Palmer Reports Routine Stock Disposition

RPC Inc.'s President and CEO, Ben M. Palmer, reported a disposition of 18,859 shares of common stock for tax purposes.

Summary

• Ben M. Palmer, President and CEO, and a Director of RPC Inc. (RES), reported a transaction involving the company's common stock.
• On January 23, 2026, Palmer disposed of 18,859 shares of Common Stock, $10 Par Value.
• The transaction was coded 'F', indicating a payment of tax liability by delivering or withholding securities incident to the vesting of a restricted stock award or the exercise of a stock option.
• The shares were disposed of at a price of $6.43 per share.
• Following this transaction, Palmer beneficially owns 1,057,010 shares of RPC Inc. Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in company fundamentals or management's confidence.

Positives

• The transaction is a routine disposition for tax purposes, not a discretionary sale, which typically does not signal a change in management's outlook.

Negatives

• A reduction in direct beneficial ownership by a key executive, even for tax purposes, decreases their overall stake in the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a standard insider transaction report (Form 4) and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine tax-related disposition and not a discretionary sale, which typically does not signal a change in management's view on the company's prospects.

Key Dates

Keywords

RPC Inc., RES, Ben M. Palmer, Insider Transaction, Form 4, Stock Disposition, CEO, Director, Common Stock