RPC Inc. (RES) director receives immediate vesting grant of 7,352 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slagle Wesley N. reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Wesley N. Slagle received a grant of 7,352 shares of common stock as equity compensation. The shares have a stated price of $0.00 per share, indicating a non-cash award rather than an open-market purchase. According to the filing, these shares vest immediately, and Slagle now directly holds 7,352 shares of RPC Inc. common stock following this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Slagle Wesley N.
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 — 7,352 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 7,352 shares
Price per share: $0.00 per share
Holdings after grant: 7,352 shares
3 metrics
Shares granted
7,352 shares
Equity compensation grant, vests immediately
Price per share
$0.00 per share
Stated grant price for awarded shares
Holdings after grant
7,352 shares
Total common shares held directly by Wesley N. Slagle after transaction
Key Terms
equity compensation, vest immediately, Form 4, common stock
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."
Form 4 regulatory
"The Form 4 does not show any stock sales by Wesley N. Slagle."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
common stock financial
"Common Stock, $.10 Par Value"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did RPC Inc. (RES) report for Wesley N. Slagle?
RPC Inc. reported that director Wesley N. Slagle received a grant of 7,352 shares of common stock. The shares were awarded as equity compensation with no cash paid and vested immediately, increasing his direct holdings to 7,352 shares.
Was the RES insider transaction a stock purchase or a grant?
The RES insider transaction was a share grant, not an open-market purchase. Wesley N. Slagle received 7,352 common shares as equity compensation at a stated price of $0.00 per share, with the award vesting immediately upon grant.
Does RPC Inc. (RES) Form 4 show any stock sales by Wesley N. Slagle?
The Form 4 does not show any stock sales by Wesley N. Slagle. It reports only an acquisition of 7,352 RES common shares through an equity compensation grant that vested immediately, with no indicated disposals or derivative exercises.