Companies RPC Inc
RPC (RES): executive pay, fiscal 2025
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CEO pay, last three years
- $2,391,450FY2023
- $1,854,830FY2024
- $3,192,075FY2025
CEO total pay was $3,192,075 in fiscal 2025, up from $1,854,830 in fiscal 2024.
FY2025: salary $618,000 · bonus $0 · stock awards $1,388,265 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Ben Palmer | $618,000 | $0 | $1,388,265 | $0 | $1,155,660 | $0 | $30,150 | $3,192,075 |
| President and Chief Executive Officer | ||||||||
| Richard Hubbell | 515,000 | 0 | 894,170 | 0 | 963,050 | 0 | 57,960 | 2,430,180 |
| Executive Chairman of the Board | ||||||||
| Michael Schmit | 350,200 | 0 | 625,919 | 0 | 458,412 | 0 | 30,150 | 1,464,681 |
| Vice President, Chief Financial Officer, Treasurer and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Ben Palmer | $3,192,075 | $1,854,830 | $2,391,450 | ↑ +1,337,245 |
| Richard Hubbell | 2,430,180 | 1,351,700 | 1,893,690 | ↑ +1,078,480 |
| Michael Schmit | 1,464,681 | 829,268 | 1,021,430 | ↑ +635,413 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Human Capital Management and Compensation Committee endorses the philosophy that executive compensation should reflect Company performance and the contribution of executive officers to that performance.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer, LLC |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Ben Palmer | RSU | 2025-01-28 | — | — | 159,000 | — | $1,023,960 |
| Michael Schmit | PSU | 2025-01-28 | 11,882 | 23,763 | — | 47,526 | 166,103 |
| Ben Palmer | PSU | 2025-01-28 | 26,059 | 52,118 | — | 104,236 | 364,305 |
| Richard Hubbell | PSU | 2025-01-28 | 16,974 | 33,947 | — | 67,894 | 237,290 |
| Michael Schmit | RSU | 2025-01-28 | — | — | 71,400 | — | 459,816 |
| Richard Hubbell | RSU | 2025-01-28 | — | — | 102,000 | — | 656,880 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Ben Palmer | $1,023,960 | $364,305 | $0 | 26.2% |
| Michael Schmit | 459,816 | 166,103 | 0 | 26.5% |
| Richard Hubbell | 656,880 | 237,290 | 0 | 26.5% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Michael Schmit | PSU | 29,388 | — | $159,871 |
| Richard Hubbell | PSU | 43,947 | — | 239,072 |
| Ben Palmer | PSU | 67,118 | — | 365,122 |
| Michael Schmit | RSU | 132,650 | — | 721,616 |
| Richard Hubbell | RSU | 273,459 | — | 1,487,617 |
| Ben Palmer | RSU | 354,200 | — | 1,926,848 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jerry W. NixIndependent · Audit · Human Capital Management and Compensation Committee (Chair) · Nominating and Corporate Governance Committee (Chair) · Not standing for re-election | $107,000 | $50,000 | $0 | — | $0 | $157,000 |
| Patrick J. GunningIndependent · Audit (Chair) · Human Capital Management and Compensation Committee · Nominating and Corporate Governance Committee | 100,000 | 50,000 | 0 | — | 0 | 150,000 |
| John F. WilsonIndependent · Audit · Human Capital Management and Compensation Committee · Nominating and Corporate Governance Committee | 86,000 | 50,000 | 0 | — | 0 | 136,000 |
| Susan R. BellIndependent · Audit | 81,000 | 50,000 | 0 | — | 0 | 131,000 |
| Timothy C. RollinsIndependent · Nominating and Corporate Governance Committee | 77,000 | 50,000 | 0 | — | 0 | 127,000 |
| Amy R. KreislerIndependent · Nominating and Corporate Governance Committee | 77,000 | 50,000 | 0 | — | 0 | 127,000 |
| Stephen E. LewisIndependent · Audit (effective immediately following the 2026 Annual Meeting) · Newly elected | 51,923 | 50,000 | 0 | — | 0 | 101,923 |
| Gary KolstadIndependent · Audit (effective immediately following the 2026 Annual Meeting) · Newly elected | 34,851 | 39,400 | 0 | — | 0 | 74,251 |
| Pamela R. RollinsIndependent · Not standing for re-election · Departed during FY | 23,283 | 0 | 0 | — | 0 | 23,283 |
| Gary W. RollinsIndependent · Not standing for re-election · Departed during FY | 23,283 | 0 | 0 | — | 0 | 23,283 |
| Ben M. PalmerEmployee director · Executive Committee | 0 | 0 | 0 | — | 0 | 0 |
| Richard A. HubbellEmployee director · Board Chair · Executive Committee (Chair) | 0 | 0 | 0 | — | 0 | 0 |
| Wesley N. SlagleNot independent · Newly elected | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 10,000 / 6,000 |
| Stock ownership guideline | $300,000 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $661,340 |
| Equity awards (grant-date value) | $389,400 |
| All other compensation | $0 |
| Total cost of the board | $1,050,740 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names RPC as a peer
Companies that benchmark against RES
15 companies name RES as a compensation peer
The list of companies that name RES as a peer is temporarily unavailable — recheck shortly.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | RPC Inc | 2025 | Ben Palmer | $618,000 | $1,388,265 | $0 | $1,155,660 | $3,192,075 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-28 | 190,731,370 | 7,647,225 | 212,420 | 96.04% | Passed |
| 2023 | 2023-04-25 | 193,152,683 | 2,717,845 | 149,952 | 98.54% | Passed |
| 2020 | 2020-04-28 | 198,398,310 | 1,011,106 | 169,841 | 99.49% | Passed |
| 2016 | 2016-04-26 | 200,612,930 | 938,594 | 141,086 | 99.46% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-04-28 | 96.04%a |
| 2023 | 2023-04-25 | 98.54%b |
| 2020 | 2020-04-28 | 99.49%c |
a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote against this proposal.”.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 30.6 : 1 |
|---|---|
| CEO total compensation | $3,192,075 |
| Median employee compensation | $104,276 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (30 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Ben Palmer. DEF 14A, filed 2026-03-18. Section “SUMMARY COMPENSATION TABLE”. As printed: 3,192,075. View filing ↗
- Section 01, Richard Hubbell. DEF 14A, filed 2026-03-18. Section “SUMMARY COMPENSATION TABLE”. As printed: 2,430,180. View filing ↗
- Section 01, Michael Schmit. DEF 14A, filed 2026-03-18. Section “SUMMARY COMPENSATION TABLE”. As printed: 1,464,681. View filing ↗
- Section 03, Ben Palmer RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Schmit PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Ben Palmer PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Richard Hubbell PSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Schmit RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Richard Hubbell RSU. DEF 14A, filed 2026-03-18. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-18. Section “CEO Pay Ratio”. As printed: 30.6 : 1. View filing ↗
- Section 08, Jerry W. Nix. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 157,000. View filing ↗
- Section 08, Patrick J. Gunning. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 150,000. View filing ↗
- Section 08, John F. Wilson. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 136,000. View filing ↗
- Section 08, Susan R. Bell. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 131,000. View filing ↗
- Section 08, Timothy C. Rollins. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 127,000. View filing ↗
- Section 08, Amy R. Kreisler. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 127,000. View filing ↗
- Section 08, Stephen E. Lewis. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 101,923. View filing ↗
- Section 08, Gary Kolstad. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 74,251. View filing ↗
- Section 08, Pamela R. Rollins. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 23,283. View filing ↗
- Section 08, Gary W. Rollins. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 23,283. View filing ↗
- Section 08, Ben M. Palmer. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Richard A. Hubbell. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Wesley N. Slagle. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-04-30. Item 5.07 · say-on-pay result. As reported: 96.04% (votes for as printed: 190,731,370). View filing ↗
- Section 06, 2023 vote. Form 8-K, filed 2023-04-27. Item 5.07 · say-on-pay result. As reported: 98.54% (votes for as printed: 193,152,683). View filing ↗
- Section 06, 2020 vote. Form 8-K, filed 2020-04-29. Item 5.07 · say-on-pay result. As reported: 99.49%. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 661,340 + equity 389,400 + all other 0 = 1,050,740, summed across the director compensation table rows.
- RPC Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in RPC Inc's own proxy. As printed: 3,192,075. View filing ↗