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Rollins (ROL) CAO granted 10,187 restricted shares; 2,393 withheld for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rollins Inc. Chief Administrative Officer Thomas D. Tesh received a grant of 10,187 shares of common stock at no cost under the company’s 2018 Stock Incentive Plan. These are restricted shares that will vest over three years starting on February 20, 2027, with one-third vesting then and the rest on each anniversary.

On the same date, 2,393 shares were disposed of at $61.35 per share to cover tax withholding obligations tied to restricted stock vesting, rather than an open-market sale. After these transactions, Tesh directly held 35,102 shares, and indirectly held 5,276 shares through a 401(k) account, including both restricted and unrestricted shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tesh Thomas D

(Last) (First) (Middle)
2170 PIEDMONT ROAD NE

(Street)
ATLANTA GA 30324

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ROLLINS INC [ ROL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Admin. Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 A 10,187(1) A $0(2) 37,495 D
Common Stock 02/20/2026 F 2,393(3) D $61.35 35,102(4) D
Common Stock 5,276 I By: 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted shares that will vest over a three-year period beginning on February 20, 2027, with one-third of the award vesting on that date and the remaining two-thirds vesting in equal portions on each subsequent anniversary of that date.
2. Shares issued pursuant to the Issuer's 2018 Stock Incentive Plan. The Reporting Person did not provide, and the Issuer did not receive, any consideration for the issuance of these shares.
3. The disposition reported on this cell represents shares withheld by the Company to cover tax withholding obligations in connection with the vesting of restricted stock.
4. The amount reported in this column includes restricted shares and unrestricted shares held by the reporting person as of the date of the report.
Remarks:
/s/ Elizabeth B. Chandler, Attorney-in-Fact 02/24/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Rollins (ROL) Chief Administrative Officer Thomas Tesh report in this Form 4?

Thomas D. Tesh reported receiving 10,187 restricted Rollins common shares and a disposition of 2,393 shares for tax withholding. The transactions were made under the 2018 Stock Incentive Plan and relate to equity compensation, not open-market buying or selling.

How many Rollins shares were granted to Thomas Tesh and on what terms?

Thomas Tesh was granted 10,187 restricted Rollins common shares at no cost under the 2018 Stock Incentive Plan. The award vests over three years starting February 20, 2027, with one-third vesting then and the remaining two-thirds vesting on each subsequent anniversary.

Why were 2,393 Rollins shares disposed of in Thomas Tesh’s Form 4 filing?

The 2,393 Rollins shares reported as a disposition were withheld by the company to cover tax withholding obligations from restricted stock vesting. This is a tax-withholding transaction, not an open-market sale initiated by Thomas Tesh for investment purposes.

What are Thomas Tesh’s Rollins share holdings after these transactions?

After the reported transactions, Thomas Tesh directly held 35,102 Rollins common shares and indirectly held 5,276 shares through a 401(k) account. The direct holdings figure includes both restricted and unrestricted shares as of the report date, according to the footnote disclosure.

When will Thomas Tesh’s new restricted Rollins shares vest?

The 10,187 restricted Rollins shares granted to Thomas Tesh will vest over three years beginning February 20, 2027. One-third vests on that date, with the remaining two-thirds vesting in equal portions on each of the next two anniversaries, subject to applicable plan conditions.
Rollins

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