Gunning Patrick J. 4
Research Summary
AI-generated summary
RPC Inc (RES) Director Patrick Gunning Receives 7,352-Share Award
What Happened
- Patrick J. Gunning, a director of RPC Inc. (ticker: RES), was granted 7,352 shares as an equity award on May 8, 2026. The filing lists this transaction as an "A" (award/grant/acquisition). No purchase price or cash value is reported; the filing notes the shares were granted as equity compensation and vested immediately.
Key Details
- Transaction date: 2026-05-08; Form 4 filed: 2026-05-12.
- Transaction type/code: Award/Grant (A).
- Shares acquired: 7,352 common shares; price: N/A (equity award).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — these 7,352 shares were granted as equity compensation and vested immediately.
- Filing timeliness: filing date is shown; the Form 4 deadline status is not indicated in the provided details.
Context
- This was a compensation award (equity grant) rather than an open-market purchase or sale. Immediate vesting means the shares became the insider's property at grant; such awards reflect company compensation practices and do not necessarily signal a buying or selling decision by the insider. No proceeds, sale, or exercise activity was reported in this filing.