Schmit Michael 4

What Happened
Michael Schmit, CFO and Corporate Secretary of RPC Inc. (ticker: RES), was granted 78,600 shares of restricted stock on January 27, 2026. The grant has no purchase price reported (award, not an open-market trade) and represents a compensation/retention award rather than a buy or sell transaction.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (appears timely).
• Securities: 78,600 shares of restricted common stock; price reported as N/A (award).
• Vesting: Footnote indicates shares vest annually in 33 1/3% increments beginning in 2027.
• Shares owned after transaction: not specified in the provided filing details.
• No indication of a 10b5-1 plan, tax-withholding sale, or cashless exercise in the noted filing.

Context
Restricted stock awards are commonly used to retain executives and tie compensation to future performance/tenure; they are not an immediate sale and do not necessarily signal immediate bullish or bearish insider sentiment. The staggered vesting means Schmit will realize portions of the grant over the next three years if he remains with the company.