RPC (NYSE: RES) executive chairman awarded 115,500 restricted shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RPC, Inc. executive chairman Richard A. Hubbell reported a stock-based compensation grant in the form of restricted shares. On 01/27/2026, he was awarded 115,500 shares of RPC common stock at no cash purchase price. These restricted shares vest in equal 33 1/3% installments each year beginning in 2027, meaning the award becomes fully owned over three years if conditions are met. Following this grant, Hubbell beneficially owns 3,288,273 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUBBELL RICHARD A
Role
Executive Chairman of Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $.10 Par Value | 115,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock $.10 Par Value — 3,288,273 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RPC (RES) report for Richard A. Hubbell?
RPC reported a stock grant to Richard A. Hubbell. On January 27, 2026, the executive chairman received 115,500 shares of RPC common stock as restricted stock, with no cash purchase price and a multi-year vesting schedule beginning in 2027.
Is the RPC (RES) insider transaction a purchase or a compensation award?
The transaction is a stock-based compensation award. The Form 4 lists transaction code "A" and a price of $0.0000 per share, indicating 115,500 shares of restricted stock were granted to Richard A. Hubbell as part of his compensation, not bought in the market.
What roles does Richard A. Hubbell hold at RPC (RES) in this filing?
Hubbell is both a director and an executive officer at RPC. The filing identifies him as a director and as an officer with the title "Executive Chairman of Board," confirming his senior leadership and governance roles at the company.