On September 3, 2026, RPC, Inc.'s Human Capital Management and Compensation Committee approved retroactive salary adjustments for President and CEO Ben M. Palmer and CFO Michael L. Schmit, effective May 16, 2026. Mr. Palmer's annual base salary increased from approximately $637,000 to $750,000. Mr. Schmit's annual base salary rose from approximately $361,000 to $530,000, and his target 2026 cash bonus opportunity was raised to 85% of his base salary. These changes do not alter other material terms of their compensation arrangements. RPC, Inc. provides oilfield services and equipment rental solutions.
