|4Jan 27, 4:49 PM ET

HUBBELL RICHARD A 4

Research Summary

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Updated

RPC INC (RES) Richard A. Hubbell Pays Tax Withholding — 13,350 Shares

What Happened

  • Richard A. Hubbell, Executive Chairman of the Board and director of RPC INC (RES), had 13,350 shares disposed/withheld on Jan 23, 2026 to pay tax liabilities related to an option exercise. The shares were recorded at $6.43 each, for a total value of $85,841. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-01-23
  • Price per share: $6.43; Shares withheld/disposed: 13,350; Total value: $85,841
  • Transaction code: F (payment of exercise price or tax liability — shares withheld)
  • Shares owned after transaction: Not specified in the provided filing details
  • Filing date: 2026-01-27 — appears to be filed within the required two business days (timely)

Context

  • This was a routine tax-withholding transaction following an option exercise (shares surrendered/withheld to cover taxes), not an open-market sale. Such withholding transactions are common and generally reflect administrative settlement of tax obligations rather than a directional bet on the stock.