LOR INC restructures RPC Inc (NYSE: RES) stake via internal share moves

Rhea-AI Filing Summary

LOR INC, a more than 10% owner of RPC Inc, reported several ownership changes in RPC common stock on February 27, 2026, all coded as “other acquisition or disposition” at no stated price. One transaction adjusted direct holdings by 180565 shares, resulting in 78981820 shares held directly afterward. Another involved 15677032 shares previously held indirectly through RCTLOR, LLC, with a footnote stating these shares were distributed to the equity holders of RCTLOR, LLC on a pro rata basis for no consideration. A further 2982541-share change affected an indirect position held through RFT Investment Company, LLC, leaving 6143360 shares held indirectly through that entity after the transaction. LOR INC also disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest.

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

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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^*

LOR INC

(Last) (First) (Middle)

C/O RFA MANAGEMENT COMPANY, LLC

1908 CLIFF VALLEY WAY NE

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		J(1)		180,565	A	$0	78,981,820	D
Common Stock, $.10 Par Value	02/27/2026		J(1)		15,677,032	D	$0	0	I	Held indirectly through RCTLOR, LLC
Common Stock, $.10 Par Value	02/27/2026		J(1)		2,982,541	A	$0	6,143,360(2)	I	Held indirectly through RFT Investment Company, LLC

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. These shares were distributed to the equity holders of RCTLOR, LLC on a pro rata basis, for no consideration.

2. The reporting person disclaims for the purpose of Section 16 of the Securities and Exchange Act of 1934 the beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission of such beneficial ownership.

	/s/ LOR, Inc. By: W. Keith Wilkes, Jr., Assistant Vice President	03/03/2026
	** 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).
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FAQ

What did LOR INC report in this Form 4 for RPC Inc (RES)?

LOR INC reported several “other” ownership changes in RPC Inc common stock on February 27, 2026. These included adjustments to direct and indirect holdings, all at zero stated price, reflecting internal reallocations rather than open-market buying or selling.

How many RPC Inc shares does LOR INC hold directly after the transactions?

After the reported transactions, LOR INC directly holds 78981820 RPC Inc common shares. This figure reflects a 180565-share adjustment classified as an “other acquisition or disposition,” rather than a conventional market purchase or sale.

What happened to RPC Inc shares held through RCTLOR, LLC for LOR INC?

The filing shows 15677032 RPC Inc shares previously held indirectly through RCTLOR, LLC changed status. A footnote explains these shares were distributed to RCTLOR, LLC equity holders on a pro rata basis for no consideration, effectively moving them out of that indirect holding.

How were RPC Inc shares held via RFT Investment Company, LLC affected?

An indirect holding through RFT Investment Company, LLC changed by 2982541 RPC Inc shares. After this “other acquisition or disposition” transaction, 6143360 shares remained held indirectly through RFT Investment Company, LLC, indicating a reallocation within affiliated entities.

Did LOR INC buy or sell RPC Inc shares on the open market?

The transactions are all coded as “other acquisition or disposition” with a price of 0.0000 per share. Combined with the pro rata distribution footnote, this indicates internal ownership reclassifications rather than straightforward open-market purchases or sales.

Does LOR INC claim full beneficial ownership of all reported RPC Inc shares?

LOR INC disclaims beneficial ownership of the reported RPC Inc securities except to the extent of its pecuniary interest. The Form 4 states this disclaimer explicitly and notes the report should not be deemed an admission of full beneficial ownership.