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    RPC Inc. filed SEC Form 8-K: Leadership Update

    2/20/25 4:25:36 PM ET
    $RES
    Oilfield Services/Equipment
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    Get the next $RES alert in real time by email
    res_8k.htm
    0000742278false00007422782025-02-182025-02-18iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     _________________________________

     

    FORM 8-K

    _________________________________

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(d) OF THE

    SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): 

    February 18, 2025

     

    RPC, INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware

     

    1-8726

     

    58-1550825

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

     File Number)

     

    (IRS Employer

    Identification No.)

     

    2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329

    (Address of principal executive office) (zip code)

     

    Registrant's telephone number, including area code: (404) 321-2140

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading Symbol(s)

     

    Name of each exchange on which registered

    Common Stock, $0.10 par value

     

    RES

     

    New York Stock Exchange

                                                                                 

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

    Item 5.02.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On February 18, 2025, each of Gary W. Rollins and Pamela R. Rollins informed the Board of Directors of RPC, Inc. (the “Company”) that, after long periods of service, they each intended to retire from the Board and would not stand for re-election at the Company’s 2025 Annual Meeting of Stockholders. They will each continue to serve as directors until the Company’s 2025 Annual Meeting of Stockholders is held, and their resignations will become effective at that time.  There was no disagreement between either of Mr. Rollins or Ms. Rollins and the Company with respect to any matter relating to the Company’s operations, policies or practices.

     

     

    2

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

           

     

    RPC, INC.

     

     

     

     

     

    Date: February 20, 2025

    By:

    /s/ Michael L. Schmit

     

     

     

    Michael L. Schmit

     

     

     

    Chief Financial Officer and Treasurer

     

     

     

    3

     

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