Last updated: 25 April 2024 at 4:25pm EST

Benjamin Palmer Net Worth




The estimated Net Worth of Ben M Palmer is at least $7.47 Million dollars as of 1 November 2021. Mr. Palmer owns over 14,407 units of RPC stock worth over $4,163,644 and over the last 21 years he sold RES stock worth over $2,239,280. In addition, he makes $1,062,620 as Vice President and Chief Financial Officer and Corporate Secretary at RPC.

Mr. Palmer RES stock SEC Form 4 insiders trading

Benjamin has made over 17 trades of the RPC stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 14,407 units of RES stock worth $78,662 on 1 November 2021.

The largest trade he's ever made was exercising 45,000 units of RPC stock on 19 January 2012 worth over $120,150. On average, Benjamin trades about 1,306 units every 20 days since 2004. As of 1 November 2021 he still owns at least 724,112 units of RPC stock.

You can see the complete history of Mr. Palmer stock trades at the bottom of the page.





Benjamin Palmer biography

Benjamin M. Palmer is Vice President, Chief Financial Officer and Corporate Secretary of the Company. Mr. Palmer has been the Vice President and Chief Financial Officer of RPC since 1996. He has also been the Vice President and Chief Financial Officer of Marine Products Corporation since it was spun off from RPC in 2001. He assumed the responsibilities as Corporate Secretary of RPC and Marine Products Corporation in July 2017.

What is the salary of Benjamin Palmer?

As the Vice President and Chief Financial Officer and Corporate Secretary of RPC, the total compensation of Benjamin Palmer at RPC is $1,062,620. There are 1 executives at RPC getting paid more, with Richard Hubbell having the highest compensation of $1,830,760.



How old is Benjamin Palmer?

Benjamin Palmer is 59, he's been the Vice President and Chief Financial Officer and Corporate Secretary of RPC since 2017. There are 8 older and 2 younger executives at RPC. The oldest executive at RPC, Inc. is Henry Tippie, 93, who is the Presiding Independent Director.

What's Benjamin Palmer's mailing address?

Ben's mailing address filed with the SEC is 2801 BUFORD HIGHWAY NE, SUITE 300, ATLANTA, GA, 30329.

Insiders trading at RPC

Over the last 21 years, insiders at RPC have traded over $270,510,738 worth of RPC stock and bought 3,332,400 units worth $40,375,247 . The most active insiders traders include Inc Lor, Gary W Rollins, and Henry B Tippie. On average, RPC executives and independent directors trade stock every 30 days with the average trade being worth of $1,617,412. The most recent stock trade was executed by Amy Rollins Kreisler on 11 November 2022, trading 53,751 units of RES stock currently worth $561,698.



What does RPC do?

rpc, inc. is a holding company traded on the new york stock exchange under the ticker symbol res. the company provides oilfield services and equipment to independent and major oilfield companies in exploration, production and development of oil and gas properties, domestically and in selected international markets. rpc offers a wide range of oil and gas services required throughout the life cycle of a well. the company has a history of acquisitions and transactions to increase shareholder value, while maintaining a conservative balance sheet. rpc plans to continue its growth through increasing market share, completing acquisitions, and expanding geographically. the company’s operating business units include cudd energy services, patterson services, and bronco oilfield services. rpc (nyse:res) is an international oil and gas services company that provides both technical and support services to exploration and production companies.



What does RPC's logo look like?

RPC, Inc. logo

Complete history of Mr. Palmer stock trades at Marine Products Corp and RPC

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Nov 2021 Ben M Palmer
President and CEO
Sale 14,407 $5.46 $78,662
1 Nov 2021
724,112
18 Oct 2021 Ben M Palmer
President and CEO
Sale 30,312 $5.70 $172,778
18 Oct 2021
738,519
9 Mar 2021 Ben M Palmer
President and CEO
Sale 10,000 $6.76 $67,600
9 Mar 2021
769,915
17 May 2018 Ben M Palmer
President and CEO
Sale 13,500 $20.03 $270,405
17 May 2018
631,632
10 May 2018 Ben M Palmer
President and CEO
Sale 3,500 $19.27 $67,445
10 May 2018
645,132
30 Nov 2016 Ben M Palmer
President and CEO
Sale 14,521 $20.30 $294,776
30 Nov 2016
619,583
15 Nov 2016 Ben M Palmer
President and CEO
Sale 35,479 $17.90 $635,074
15 Nov 2016
634,104
10 Mar 2021 Ben M Palmer
President and CEO
Sale 6,000 $18.48 $110,880
10 Mar 2021
372,070
25 May 2018 Ben M Palmer
President and CEO
Sale 3,487 $16.48 $57,466
25 May 2018
362,140
18 May 2018 Ben M Palmer
President and CEO
Sale 7,173 $16.35 $117,279
18 May 2018
365,627
16 May 2018 Ben M Palmer
President and CEO
Sale 1,740 $16.29 $28,345
16 May 2018
372,800
11 May 2018 Ben M Palmer
President and CEO
Sale 2,600 $15.95 $41,470
11 May 2018
374,540
12 Jun 2017 Ben M Palmer
President and CEO
Sale 5,000 $14.35 $71,750
12 Jun 2017
365,073
8 Jun 2017 Ben M Palmer
President and CEO
Sale 13,500 $14.05 $189,675
8 Jun 2017
370,073
2 Jun 2017 Ben M Palmer
President and CEO
Sale 2,500 $14.27 $35,675
2 Jun 2017
383,573
5 Nov 2012 Ben M Palmer
President and CEO
Option 22,500 $4.54 $102,150
5 Nov 2012
370,878
19 Jan 2012 Ben M Palmer
President and CEO
Option 45,000 $2.67 $120,150
19 Jan 2012
346,808


RPC executives and stock owners

RPC executives and other stock owners filed with the SEC include: