secwatch.observer — SEC 8-K summary
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Issuer:     RPC INC (RES)
CIK:        0000742278
Form:       8-K
Filed at:   2026-09-08T20:38:29+00:00
Accession:  0001104659-26-105928
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

RPC raises CEO salary to $750K, CFO to $530K, CFO bonus target 85%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/742278/000110465926105928/0001104659-26-105928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/742278/000110465926105928/res-20260903x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-105928

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer