RCTLOR, LLC 4

What Happened

• RCTLOR, LLC (identified as a 10% owner of RPC Inc., ticker RES) reported a disposition of 15,677,032 shares on Feb 27, 2026. The transaction is coded as an "other disposition" (Code J) and shows a price of $0.00, meaning the shares were distributed for no cash consideration.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-03 (filed after the transaction date).
• Shares disposed: 15,677,032; reported transaction price: $0.00; reported total value: $0.
• Footnote: These shares "were distributed to the equity holders of RCTLOR, LLC on a pro rata basis, for no consideration." (F1)
• Shares owned after the transaction: not specified in the information provided in this summary.
• Transaction type: Code J — other acquisition/disposition (distribution), not an open-market sale (Code S) or purchase (Code P).

Context

• This was a distribution from a 10% owner to its equity holders, not a market sale by the company or an insider selling into the market. Distributions or gifts of shares for no consideration do not necessarily indicate management or market sentiment. Note the Form 4 was filed several days after the reported transaction date, which is later than the typical 2-business-day reporting window for insiders.