other material
confidence high
sentiment neutral
materiality 0.40
RPC raises CEO salary to $750K, CFO to $530K, CFO bonus target 85%
RPC INC
- CEO Ben Palmer's base salary increased from ~$637K to $750K, retroactive to May 16, 2026.
- CFO Michael Schmit's base salary increased from ~$361K to $530K, retroactive to May 16, 2026.
- Schmit's 2026 target cash bonus opportunity raised to 85% of annual base salary.
- Other material terms of both executives' compensation arrangements remain unchanged.