Ben M. Palmer
Net Worth

Last updated:

What is Ben M. Palmer net worth?

The estimated net worth of Mr. Ben M. Palmer is at least $28,161,493 as of 1 Nov 2021. He owns shares worth $6,448,746 as insider, has earned $731,747 from insider trading and has received compensation worth at least $20,981,000 in RPC, Inc. and Marine Products Corporation.

What is the salary of Ben M. Palmer?

Mr. Ben M. Palmer salary is $620,000 per year as Vice President, Chief Financial Officer, Treasurer & Corporation Sec. in Marine Products Corporation. He also receives $398,050 as Vice President, Chief Financial Officer & Corporation Sec. in RPC, Inc..

How old is Ben M. Palmer?

Mr. Ben M. Palmer is 65 years old, born in 1960.

What stocks does Ben M. Palmer currently own?

As insider, Mr. Ben M. Palmer owns shares in 2 companies:

Company Title Shares Price per share Total value
RPC, Inc. (RES) Vice President, Chief Financial Officer & Corporation Sec. 724,112 $4.42 $3,200,575
Marine Products Corporation (MPX) Vice President, Chief Financial Officer, Treasurer & Corporation Sec. 372,070 $8.73 $3,248,171

What does RPC, Inc. do?

RPC, Inc., through its subsidiaries, provides a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services segment offers pressure pumping, fracturing, acidizing, cementing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells. The Support Services segment provides a range of rental tools for onshore and offshore oil and gas well drilling, completion, and workover activities. This segment also offers oilfield pipe inspection, and pipe management and storage services, as well as well control training and consulting services. The company operates in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.

RES logo
RES
RPC, Inc.
$4.42

What does Marine Products Corporation do?

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats, and SSi and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

MPX logo
MPX
Marine Products Corporation
$8.73

Ben M. Palmer insider trading

RPC, Inc.

Mr. Ben M. Palmer has made 17 insider trades between 2005-2021, according to the Form 4 filled with the SEC. Most recently he sold 14,407 units of RES stock worth $78,662 on 1 Nov 2021.

The largest trade he's ever made was exercising 83,625 units of RES stock on 2 May 2007. As of 1 Nov 2021 he still owns at least 724,112 units of RES stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock, $.10 Par Value 14,407 $5.46 $78,662
Sale
Common Stock, $.10 Par Value 30,312 $5.7 $172,778
Sale
Common Stock, $.10 Par Value 10,000 $6.76 $67,630
Sale
Common Stock, $.10 Par Value 13,500 N/A N/A
Sale
Common Stock, $.10 Par Value 3,500 N/A N/A
Sale
Common Stock, $.10 Par Value 4,521 N/A N/A
Sale
Common Stock, $.10 Par Value 10,000 N/A N/A
Sale
Common Stock, $.10 Par Value 12,479 N/A N/A
Sale
Common Stock, $.10 Par Value 23,000 N/A N/A
Sale
Common Stock, $.10 Par Value 12,000 N/A N/A
Sale
Common Stock, $.10 Par Value 6,200 N/A N/A
Sale
Common Stock 6,800 N/A N/A
Sale
Common Stock 25,000 N/A N/A
Sale
Common Stock 20,000 N/A N/A
Option
Common Stock 10,125 N/A N/A
Option
Incentive Stock Option 10,125 N/A N/A
Option
Incentive Stock Option 83,625 N/A N/A
Option
Common Stock 83,625 N/A N/A
Sale
Common Stock 10,000 N/A N/A
Sale
Common Stock 22,000 N/A N/A
Sale
Common Stock 13,000 N/A N/A
Option
Incentive Stock Option 22,028 N/A N/A
Option
Common Stock, $.10 Par Value 25,028 N/A N/A
Option
Common Stock 24,109 N/A N/A
Option
Incentive Stock Option 24,109 N/A N/A

Marine Products Corporation

Mr. Ben M. Palmer has made 14 insider trades between 2004-2021, according to the Form 4 filled with the SEC. Most recently he sold 3,582 units of MPX stock on 11 Mar 2021.

The largest trade he's ever made was exercising 109,820 units of MPX stock on 24 Jan 2007. As of 1 Nov 2021 he still owns at least 372,070 units of MPX stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock, $.10 Par Value 3,582 N/A N/A
Sale
Common Stock, $.10 Par Value 2,418 N/A N/A
Sale
Common Stock $.10 Par Value 1,687 N/A N/A
Sale
Common Stock $.10 Par Value 1,800 N/A N/A
Sale
Common Stock $.10 Par Value 513 $16.4 $8,414
Sale
Common Stock $.10 Par Value 6,660 $16.35 $108,864
Sale
Common Stock $.10 Par Value 800 $16.31 $13,044
Sale
Common Stock $.10 Par Value 940 $16.27 $15,297
Sale
Common Stock $.10 Par Value 1,300 $16.03 $20,843
Sale
Common Stock $.10 Par Value 1,300 $16.03 $20,843
Sale
Common Stock $.10 Par Value 5,000 N/A N/A
Sale
Common Stock $.10 Par Value 8,500 $14.07 $119,561
Sale
Common Stock $.10 Par Value 5,000 $14.03 $70,135
Sale
Common Stock $.10 Par Value 2,500 $14.27 $35,675
Option
Incentive Stock Option 22,500 $4.54 $102,150
Option
Common Stock $.10 Par Value 22,500 $4.54 $102,150
Option
Incentive Stock Option 45,000 $2.67 $120,150
Option
Common Stock 45,000 $2.67 $120,150
Purchase
Common Stock 25,000 $3.45 $86,250
Option
Incentive Stock Option 37,965 $1.12 $42,521
Option
Common Stock 109,820 $1.15 $125,964
Option
Incentive Stock Options 16,873 $1.48 $24,972
Option
Common Stock 16,873 $1.48 $24,972

RPC key executives

RPC, Inc. executives and other stock owners filed with the SEC: