Welcome to our dedicated page for Rpc SEC filings (Ticker: RES), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
RPC, Inc. filings document the regulatory record for a Delaware oilfield services company with common stock listed on the New York Stock Exchange under RES. Its 8-K reports cover results of operations and financial condition, quarterly cash dividends, director appointments, committee assignments and other governance events.
Proxy materials describe annual meeting voting, board elections, auditor ratification, executive compensation, equity awards and amendments to the 2024 Stock Incentive Plan. The filing record also provides formal disclosure around capital returns, registered common stock, board committee structure and public-company governance matters.
RPC, Inc. entered into an Amended and Restated Credit Agreement that updates its existing revolving credit facility. The agreement keeps a revolving line of credit of up to $100 million, including a $35 million letter of credit sub-facility and a $35 million swingline sub-facility, all guaranteed by substantially all 100%-owned domestic subsidiaries.
The amended facility extends the termination date for revolving loans from June 22, 2027 to June 30, 2031 and removes the SOFR adjustment from pricing. Key financial covenants require, when trailing four-quarter Adjusted EBITDA is at least $50 million, a maximum consolidated leverage ratio of 2.50:1.00 and a minimum debt service coverage ratio of 2.00:1.00; otherwise, minimum tangible net worth must be at least $400 million. The facility also includes customary negative covenants and events of default.
RPC, Inc. announced that President and CEO Ben M. Palmer plans to retire and leave the Board by the end of 2026 after a 30-year career with the company. The Board has begun a formal search for his successor and expects it to conclude before the end of 2026.
Palmer will continue as President and CEO until a new leader is named or through December 31, 2026, then serve in an advisory role to support a smooth transition. The Board plans to engage an independent search firm and is targeting candidates with strong operational oilfield services experience, growth focus, and financial discipline.
Gunning Patrick J. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Patrick J. Gunning received a grant of 7,352 shares of Common Stock as equity compensation, which vest immediately. The shares were awarded at no cash cost per share, increasing his directly held position to 40,440 shares following this grant.
Kolstad Gary A reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Gary A. Kolstad received a grant of 7,352 shares of common stock as equity compensation. The award was granted at no cash cost to him and vests immediately, meaning the shares are fully his upon grant. Following this transaction, he directly owns 19,186 shares of RPC common stock. This filing reflects a compensation-related share award rather than an open-market purchase or sale.
Wilson John F reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director John F. Wilson received a grant of 7,352 shares of Common Stock as equity compensation. The shares vest immediately and were awarded at a stated price of $0.00 per share, indicating a compensation grant rather than an open-market purchase.
Following this award, Wilson directly holds a total of 34,440 shares of RPC Inc. common stock. This type of transaction is a routine stock-based compensation event and does not represent a discretionary market buy or sell.
Lewis Stephen E reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Stephen E. Lewis received a grant of 7,352 shares of common stock as equity compensation that vest immediately. The shares were awarded at no cash cost per share and increased his directly owned position to 17,234 shares following the grant.
Bell Susan R. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Susan R. Bell received a grant of 7,352 shares of common stock as equity compensation, which vest immediately. The shares were awarded at no cash cost per share and increase her directly held position to 38,940 shares of RPC common stock.
Slagle Wesley N. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Wesley N. Slagle received a grant of 7,352 shares of common stock as equity compensation. The shares have a stated price of $0.00 per share, indicating a non-cash award rather than an open-market purchase. According to the filing, these shares vest immediately, and Slagle now directly holds 7,352 shares of RPC Inc. common stock following this transaction.
Kreisler Amy Rollins reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director and 10% owner Amy Rollins Kreisler received 7,352 shares of common stock as equity compensation that vested immediately. The shares were granted at no cash cost per share and increased her direct holdings to 3,320,337 shares. This appears to be a routine stock-based compensation award rather than an open-market purchase or sale.
Rollins Timothy Curtis reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc director and 10% owner Timothy Curtis Rollins reported new share holdings in RPC Inc. He received a grant of 7,352 shares of common stock as equity compensation that vest immediately at a stated price of $0.0000 per share, increasing his direct ownership to 2,165,710 shares. He also reports indirect ownership of 1,530 shares held by his spouse. A portion of his direct holdings, 1,142,234 shares, reflects a prior pro rata distribution from RCTLOR, LLC made for no consideration on February 27, 2026. The filing notes that Rollins disclaims beneficial ownership of some securities except to the extent of his pecuniary interest.