Form 4: RPC CEO Ben Palmer Sells Shares for Tax Obligations

RPC Inc. President and CEO Ben M. Palmer reported the disposition of 19,706 shares of common stock to cover tax withholding obligations.

Summary

• Ben M. Palmer, who serves as a Director, President, and CEO of RPC Inc., disposed of 19,706 shares of the company's common stock.
• The transaction occurred on January 28, 2026, with the shares valued at $6.35 per share.
• This disposition was made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following this transaction, Ben M. Palmer beneficially owns 1,220,529 shares of RPC Inc. common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares is a routine transaction for tax withholding purposes and does not indicate a change in the company's operational performance or an executive's investment sentiment.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding, are common and generally do not reflect a change in an executive's confidence in the company's long-term prospects. Such dispositions are a routine part of equity compensation plans.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary sale for tax purposes, not a strategic divestment.

Key Dates

Keywords

RPC Inc., RES, Ben M. Palmer, Insider Transaction, Form 4, Stock Sale, Tax Withholding, CEO, Director