RPC CEO granted 192,500 restricted shares
RPC Inc. reported an equity award to its chief executive.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.10 Par Value | 192,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents 192,500 shares of restricted stock that vest annually in 33 1/3 percent increments beginning in 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RPC Inc. (RES) disclose for Ben M. Palmer?
What is Ben M. Palmer’s role at RPC Inc. (RES) in this Form 4 filing?
What type of security was granted to the RPC (RES) CEO in this transaction?
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