RPC INC (RES) director receives 7,352-share equity grant, holds 17,234
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lewis Stephen E reported acquisition or exercise transactions in this Form 4 filing.
RPC Inc. director Stephen E. Lewis received a grant of 7,352 shares of common stock as equity compensation that vest immediately. The shares were awarded at no cash cost per share and increased his directly owned position to 17,234 shares following the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewis Stephen E
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 — 17,234 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 7,352 shares
Grant price per share: $0.0000 per share
Holdings after grant: 17,234 shares
3 metrics
Equity grant
7,352 shares
Common Stock, $.10 Par Value granted as equity compensation
Grant price per share
$0.0000 per share
Reported transaction price for the grant
Holdings after grant
17,234 shares
Total common shares beneficially owned following the 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
"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 Stephen E. Lewis?
RPC INC reported that director Stephen E. Lewis acquired 7,352 shares of common stock as an equity compensation grant. The award was reported on a Form 4 as a non-derivative acquisition, increasing his directly held position in the company.
Did RPC INC (RES) report any derivative transactions for Stephen E. Lewis in this Form 4?
No derivative transactions were reported in this Form 4. The filing only shows a single non-derivative acquisition of common stock as an equity award, and the derivative section is empty with no remaining option or warrant positions disclosed.