Form 4: RPC Inc. CFO Sells Shares Under 10b5-1 Plan

RPC Inc.'s CFO and Corporate Secretary, Michael Schmit, reported the sale of 8,229 shares of common stock at $6.43 per share on January 23, 2026, under a Rule 10b5-1 plan.

Summary

• Michael Schmit, the Chief Financial Officer and Corporate Secretary of RPC Inc. (RES), reported a transaction involving the company's common stock.
• On January 23, 2026, Schmit disposed of 8,229 shares of RPC Inc. common stock.
• The shares were sold at a price of $6.43 per share.
• This 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).
• Following this transaction, Michael Schmit beneficially owns 159,370 shares of RPC Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine insider sale, likely for tax purposes or personal financial planning, executed under a pre-arranged Rule 10b5-1 plan. This type of transaction is generally considered neutral and does not typically indicate a change in management's sentiment towards the company's prospects.

Future Outlook

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

Industry Context

This insider transaction is a routine disclosure for a corporate officer and does not inherently reflect broader industry trends or competitive positioning. Sales under a Rule 10b5-1 plan are pre-scheduled and often for personal financial planning or tax purposes.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan is unlikely to have a significant impact on shareholder perception or the stock price, as it is a pre-scheduled event rather than a discretionary sale based on new information.

Key Dates

Keywords

RPC Inc., RES, Form 4, Insider Transaction, Stock Sale, Michael Schmit, CFO, Corporate Secretary, Rule 10b5-1