Business Context and Reporting Period
This Form 8-K is a current report filed by RPC, Inc. (NYSE: RES) on January 28, 2026. The filing discloses corporate governance changes regarding the Board of Directors and the declaration of a regular quarterly cash dividend.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed is the declaration of a quarterly cash dividend of $0.04 per share.
Material Changes
- Board Composition: Director Jerry W. Nix will not stand for reelection at the 2026 Annual Meeting of Stockholders. He will continue to serve in his current roles, including Lead Independent Director, until the meeting.
- Dividend Declaration: The Board declared a regular quarterly cash dividend of $0.04 per share.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on operations, or discussion of risks and contingencies. Regarding the director's departure, the Company explicitly stated that Mr. Nix's decision was not due to any disagreement with the Company regarding operations, policies, or practices.
Investor Verification Checklist
- Verify the record date for the dividend (February 10, 2026) and payment date (March 10, 2026).
- Confirm the timeline for the 2026 Annual Meeting of Stockholders to understand when Mr. Nix's term concludes.
- Review the Company's proxy statement for the 2026 Annual Meeting to identify the slate of nominees replacing Mr. Nix.