{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-063482","form_type":"8-K","ticker":"RES","cik":"0000742278","company_name":"RPC INC","filed_at":"2022-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.547575+00:00","generated_at":"2026-06-25T08:53:36.077071+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"RPC announces leadership transition: Hubbell to Executive Chairman, Palmer named CEO","bullets":["Richard A. Hubbell moves from CEO to Executive Chairman of Board for one-year term; Gary W. Rollins resigns as Non-Executive Chairman but remains director.","Ben M. Palmer promoted to President and CEO, elected Class I director; also appointed CEO of Marine Products Corporation.","Michael L. Schmit appointed VP, CFO and Corporate Secretary; annual base salary $300,000 and 35,000 restricted stock award.","Hubbell base salary $500,000, eligible for cash incentive up to 150% target on ROIC; 75,000 restricted stock award.","Palmer base salary $600,000, eligible for cash incentive up to 150% target on ROIC; 90,000 restricted stock award."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-063482","json":"https://secwatch.observer/filing/0001104659-22-063482.json","markdown":"https://secwatch.observer/filing/0001104659-22-063482.md","text":"https://secwatch.observer/filing/0001104659-22-063482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/742278/000110465922063482/0001104659-22-063482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/742278/000110465922063482/tm2216222d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T08:53:36.077071+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"66453456a2","claim":"Gary W. Rollins resigned as Non-Executive Chairman at RPC INC.","evidence_excerpt":"Gary W. Rollins, who served as Non-Executive Chairman following the passing of Mr. R. Randall Rollins, resigned from that position on the Effective Date, but remains on the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/742278/000110465922063482/0001104659-22-063482-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Non-Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"6e522d6254","claim":"Richard A. Hubbell was appointed as Executive Chairman of the Board at RPC INC.","evidence_excerpt":"Richard A. Hubbell was appointed to serve as Executive Chairman of the Board for a period of one year or until his successor is appointed, effective upon the resignation of Gary W. Rollins as Non-Executive Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/742278/000110465922063482/0001104659-22-063482-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"c279a68d8c","claim":"Ben M. Palmer changed role as President and Chief Executive Officer at RPC INC.","evidence_excerpt":"Ben M. Palmer was appointed to serve as President and Chief Executive Officer of the Company for a period of one year or until his successor is appointed, effective upon the resignation of Mr. Hubbell from that position, which occurred on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/742278/000110465922063482/0001104659-22-063482-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}