SEC Filing Summary: RPC INC (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by RPC, INC. on April 22, 2025, regarding the 2025 Annual Meeting of Stockholders held on the same date. The company is incorporated in Delaware and its common stock trades on the New York Stock Exchange under the symbol "RES".
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results rather than financial performance.
Material Changes and Voting Results
Stockholders voted on two primary proposals at the Annual Meeting:
- Election of Directors: Nine nominees were elected to the Board of Directors. Voting results varied by nominee, with "For" votes ranging from approximately 175.6 million to 193.3 million. Notably, nominees Amy R. Kreisler and Timothy C. Rollins received the highest number of "Withheld" votes (approximately 19.7 million each) compared to other directors.
- Ratification of Auditors: Stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. The vote was 199,627,205 "For", 1,837,463 "Against", and 853,696 "Abstain". There were no broker non-votes for this proposal.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the specific reasons for the higher "Withheld" vote percentages for directors Amy R. Kreisler and Timothy C. Rollins compared to their peers.
- Confirm the total number of shares outstanding to calculate the exact percentage of support for each director and the auditor ratification.
- Review the company's most recent 10-K or 10-Q for financial performance data, as this 8-K contains no financial metrics.
- Monitor future filings for any changes in board composition resulting from the election of the nine new directors.