RPC Inc. (RES) CEO Ben Palmer awarded 192,500 restricted shares vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RPC Inc. reported an equity award to its chief executive. President and CEO Ben M. Palmer, who is also a director of RPC Inc., received 192,500 shares of common stock as restricted stock on January 27, 2026.
The restricted shares vest in three equal annual installments of 33 1/3% beginning in 2027, spreading the award over several years. Following this grant, Palmer directly beneficially owns a total of 1,240,235 shares of RPC Inc. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Palmer Ben M
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.10 Par Value | 192,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.10 Par Value — 1,240,235 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RPC Inc. (RES) disclose for Ben M. Palmer?
RPC Inc. disclosed that President and CEO Ben M. Palmer received 192,500 shares of restricted common stock on January 27, 2026. These shares were granted at no stated price per share and increase his directly held position in RPC common stock to 1,240,235 shares.
What is Ben M. Palmer’s role at RPC Inc. (RES) in this Form 4 filing?
In this filing, Ben M. Palmer is identified as both a director and the President and CEO of RPC Inc. This dual role underscores that the reported restricted stock grant is executive-level compensation tied to his leadership responsibilities at the company.
What type of security was granted to the RPC (RES) CEO in this transaction?
The transaction involved RPC Inc. common stock with a par value of $0.10 per share, issued as restricted stock. The Form 4 shows no cash exercise price, meaning the award functions as stock-based compensation subject to multi-year vesting conditions starting in 2027.