RPC, Inc. Reports Director Departures and Officer Appointments
Ticker: RES · Form: 8-K · Filed: Apr 24, 2024 · CIK: 742278
| Field | Detail |
|---|---|
| Company | Rpc Inc (RES) |
| Form Type | 8-K |
| Filed Date | Apr 24, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-election
Related Tickers: RES
TL;DR
RPC Inc. board shakeup and officer changes filed today.
AI Summary
RPC, Inc. filed an 8-K on April 24, 2024, reporting on the departure of a director, election of new directors, and appointment of officers. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. The report details changes in the company's board and executive team, alongside shareholder voting matters.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directorship and officers can indicate internal shifts or strategic realignments that may carry inherent risks.
Key Players & Entities
- RPC, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- April 23, 2024 (date) — Date of earliest event reported
- April 24, 2024 (date) — Date of Report
FAQ
What specific items are covered in this 8-K filing by RPC, Inc.?
This 8-K filing covers the departure of directors, election of directors, appointment of certain officers, submission of matters to a vote of security holders, and includes financial statements and exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on April 23, 2024.
What is the Commission File Number for RPC, Inc.?
The Commission File Number for RPC, Inc. is 1-8726.
What is the IRS Employer Identification Number for RPC, Inc.?
The IRS Employer Identification Number for RPC, Inc. is 58-1550825.
Where is the principal executive office of RPC, Inc. located?
The principal executive office of RPC, Inc. is located at 2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329.
Filing Stats: 742 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-04-24 16:13:34
Key Financial Figures
- $0.10 — nge on which registered Common Stock, $0.10 par value RES New York Stock Exchan
Filing Documents
- res-20240423x8k.htm (8-K) — 60KB
- 0001558370-24-005595.txt ( ) — 179KB
- res-20240423.xsd (EX-101.SCH) — 3KB
- res-20240423_lab.xml (EX-101.LAB) — 16KB
- res-20240423_pre.xml (EX-101.PRE) — 10KB
- res-20240423x8k_htm.xml (XML) — 5KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Stockholders of the Company was held on April 23, 2024. At the Annual Meeting the stockholders of the Company (i) elected three Class II Nominees to the Board of Directors; (ii) ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; and (iii) voted to approve the 2024 Stock Incentive Plan. The voting results for each proposal are as follows: 1. To elect the three Class II Nominees to the Board of Directors: For Withheld Broker Non-Vote Class II Nominees: Gary W. Rollins 180,259,324 16,397,836 8,124,054 Richard A. Hubbell 180,283,575 16,373,585 8,124,054 John F. Wilson 158,886,849 37,770,311 8,124,054 2. To ratify the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. There were no broker non-votes with respect to this proposal: For Against Abstain 203,457,247 986,058 337,909 3. To approve the 2024 Stock Incentive Plan: For Against Abstain Broker Non-Vote 141,762,518 53,418,345 1,476,295 8,124,056 -2-
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 2024 Stock Incentive Plan (incorporated by reference to Appendix A to the Registrant's definitive Proxy Statement filed with the Securities and Exchange Commission on March 14, 2024). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RPC, Inc. Date: April 24, 2024 /s/ Michael L. Schmit Michael L. Schmit Vice President, Chief Financial Officer and Treasurer -3-