Form 4: RPC Executive Chairman Sells Shares for Tax Obligations

Richard A. Hubbell, Executive Chairman of RPC Inc., disposed of 10,339 shares of common stock at $6.36 per share to satisfy tax withholding obligations.

Summary

• Richard A. Hubbell, Executive Chairman of the Board and a Director of RPC Inc. (RES), reported a transaction involving the company's common stock.
• On January 26, 2026, Mr. Hubbell disposed of 10,339 shares of RPC Inc. common stock.
• The shares were disposed of at a price of $6.36 per share.
• This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
• Following this transaction, Mr. Hubbell beneficially owns 3,172,773 shares of RPC Inc. common stock directly.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock disposition for tax withholding purposes, which is a neutral event. It does not indicate any positive or negative operational or financial developments for the company.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged sale not based on new material non-public information.

Negatives

• The disposition of shares by an insider, even for tax purposes, slightly reduces the direct ownership stake of a key executive.

Future Outlook

Not applicable. This Form 4 filing reports a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis within the oilfield services sector.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine tax-related disposition, not a discretionary sale indicating a change in confidence.
• Employees, Customers, Suppliers, Creditors: No direct impact from this filing.

Key Dates

Keywords

RPC Inc., RES, Form 4, Insider Transaction, Richard A. Hubbell, Stock Disposition, Executive Chairman, Tax Withholding, Common Stock, Rule 10b5-1