Palmer Ben M 4

What Happened

Ben M. Palmer, President, CEO and a director of RPC Inc. (RES), disposed of 9,275 shares on 2026-01-26 as payment to cover taxes (Form 4 transaction code F). The shares were recorded at $6.36 each, for a total value of approximately $58,989. This was a tax-withholding disposition tied to an exercise/award—not an open-market sale for cash proceeds.

Key Details

• Transaction date: 2026-01-26
• Price per share: $6.36; Shares disposed: 9,275; Total value: ~$58,989
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered)
• Filing date: 2026-01-28 (filed within the normal Form 4 reporting window)
• Shares owned after transaction: not specified in the information provided

Context

Share withholding to satisfy tax obligations is common after option exercises or equity vesting and is generally considered administrative rather than a directional bet on the stock. Because this was a tax-withholding disposition (not an open-market sale), it provides limited insight into the insider's view of the company's prospects.