RPC CFO awarded 78,600 restricted shares
RPC Inc.'s CFO and Corporate Secretary, Michael Schmit, reported an equity award of 78,600 shares of common stock on January 27, 2026.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $.10 Par Value | 78,600 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents 78,600 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) report for Michael Schmit?
Was Michael Schmit’s RPC (RES) Form 4 transaction a purchase on the open market?
What role does Michael Schmit hold at RPC Inc. (RES) in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.