HUBBELL RICHARD A 4

What Happened
Richard A. Hubbell, RPC Inc. (RES) Executive Chairman and Director, disposed of 10,339 shares on 2026-01-26 to satisfy a tax or exercise-related obligation. The shares were recorded at $6.36 each, for a total value of approximately $65,756. This was a tax-withholding/cashless-type disposition rather than an open-market sale or purchase.

Key Details

• Transaction date: 2026-01-26; filing date (Form 4): 2026-01-28 (accession 0001654954-26-000679).
• Price per share: $6.36; total value of shares surrendered: ~$65,756.
• Transaction code: F (payment of exercise price or tax liability).
• Shares owned after transaction: not specified in the provided filing.
• Disposition type: shares withheld/surrendered to cover taxes — a routine administrative transaction, not a directional purchase.

Context
When insiders surrender shares to cover taxes (or to pay an exercise price), it typically indicates an administrative settlement of an equity award or option exercise rather than a voluntary market sale. Such withholding transactions are common and should not be read on their own as a strong signal of the insider’s view of the company.