RPC Inc. (RES) director Patrick Gunning receives 7,352-share equity grant, holding 40,440
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gunning Patrick J. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Patrick J. Gunning received a grant of 7,352 shares of Common Stock as equity compensation, which vest immediately. The shares were awarded at no cash cost per share, increasing his directly held position to 40,440 shares following this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gunning Patrick J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.10 Par Value | 7,352 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.10 Par Value — 40,440 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 7,352 shares
Grant price: $0.0000 per share
Holdings after grant: 40,440 shares
3 metrics
Equity grant
7,352 shares
Common Stock granted as equity compensation
Grant price
$0.0000 per share
Recorded transaction price for granted shares
Holdings after grant
40,440 shares
Total direct Common Stock owned after transaction
Key Terms
equity compensation, vest immediately, Common Stock, $.10 Par Value, Grant, award, or other acquisition
4 terms
equity compensation financial
"Represents 7,352 shares granted as equity compensation that vest immediately."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
vest immediately financial
"Represents 7,352 shares granted as equity compensation that vest immediately."
Common Stock, $.10 Par Value financial
"security_title: Common Stock, $.10 Par Value"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did RPC INC (RES) report for Patrick J. Gunning?
RPC INC reported that director Patrick J. Gunning received a grant of 7,352 shares of Common Stock as equity compensation. The grant was recorded at no cash price per share and increased his direct share ownership in the company.
What is Patrick J. Gunning’s RPC INC (RES) ownership after this grant?
After the 7,352-share equity grant, Patrick J. Gunning directly holds 40,440 shares of RPC INC Common Stock. This total reflects his updated direct ownership position immediately following the reported compensation-related share award.