RPC Inc. to declassify board and adopt amended bylaws; six directors resign to seek one-year terms
RPC's board adopted amended and restated bylaws effective January 28, 2025, which move the company to annual director elections starting at the 2025 Annual Meeting. Six directors resigned their current terms so they can be nominated for one-year terms, and the bylaws also add stockholder nomination and disclosure requirements that shareholders proposing directors or business will need to meet.
Key points
- Board approved and adopted amended and restated bylaws on January 28, 2025, effective the same day
- Six directors (Gary W. Rollins, Richard A. Hubbell, John F. Wilson, Jerry W. Nix, Patrick J. Gunning, Ben M. Palmer) tendered resignations effective immediately before the 2025 Annual Meeting election
- After the 2025 Annual Meeting, directors can be removed with or without cause by holders of a majority of shares entitled to vote in director elections
- Bylaws add stockholder nomination requirements, including Rule 14a-19 compliance and a rule that proxy cards used for soliciting be a color other than white
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.