STOCK TITAN

RPC (NYSE: RES) CFO receives 78,600 restricted shares with 2027 vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RPC Inc.'s CFO and Corporate Secretary, Michael Schmit, reported an equity award of 78,600 shares of common stock on January 27, 2026. These shares are restricted stock that vest in three equal annual installments of 33 1/3 percent beginning in 2027.

After this award, Schmit beneficially owns 235,776 shares of RPC common stock in direct form. The transaction is coded as an acquisition and reflects routine stock-based compensation rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Schmit Michael

(Last) (First) (Middle)
2801 BUFORD HIGHWAY
SUITE 300

(Street)
ATLANTA GA 30329

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RPC INC [ RES ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO and Corporate Secretary
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock $.10 Par Value 01/27/2026 A 78,600 A (1) 235,776 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents 78,600 shares of restricted stock that vest annually in 33 1/3 percent increments beginning in 2027.
/s/ Michael Schmit 01/29/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did RPC Inc. (RES) report for Michael Schmit?

RPC Inc. reported that CFO and Corporate Secretary Michael Schmit acquired 78,600 shares of restricted common stock. The award was recorded on January 27, 2026, and is classified as an acquisition transaction on a Form 4 insider trading report.

How many RPC (RES) shares does CFO Michael Schmit own after this Form 4?

After the reported transaction, Michael Schmit beneficially owns 235,776 shares of RPC common stock. This figure reflects his direct holdings following the 78,600-share restricted stock award disclosed in the January 27, 2026 transaction.

What are the vesting terms of Michael Schmit’s 78,600 restricted RPC (RES) shares?

The 78,600 restricted shares awarded to Michael Schmit vest annually in 33 1/3 percent increments, beginning in 2027. This structure spreads vesting evenly over three years, aligning the award with continued service and long-term company performance.

Was Michael Schmit’s RPC (RES) Form 4 transaction a purchase on the open market?

No, the Form 4 shows an acquisition of 78,600 restricted shares as stock-based compensation, not an open-market purchase. The transaction code is “A,” and a footnote clarifies these are restricted shares subject to multi-year vesting beginning in 2027.

What role does Michael Schmit hold at RPC Inc. (RES) in this Form 4 filing?

In this Form 4, Michael Schmit is identified as an officer of RPC Inc., serving as CFO and Corporate Secretary. The filing confirms his status as an executive but not a director or 10% owner in relation to the reported equity award.
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