Rollins (NYSE: ROL) officer gets 6,112 restricted shares, tax withheld
Rhea-AI Filing Summary
Rollins Inc. principal accounting officer William Wayne Harkins II reported compensation-related stock activity. On February 20, 2026, he received a grant of 6,112 restricted shares of common stock under the 2018 Stock Incentive Plan at $0.00 per share, which will vest over three years beginning on February 20, 2027, with one-third vesting then and the rest in equal portions on each anniversary. The filing notes that his reported direct holdings after this grant were 20,368 shares, including both restricted and unrestricted shares, and that he also held 216 shares indirectly through a 401(k) plan as of that date. On April 1, 2026, 357 shares were disposed of at $53.49 per share as shares withheld by the company to cover tax withholding obligations tied to restricted stock vesting, a non-market transaction, leaving him with 20,011 directly held shares. The company notes that both the grant and the tax-withholding reporting were filed late due to administrative error, not due to any error by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 357 | $53.49 | $19K |
| Grant/Award | Common Stock | 6,112 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted shares issued pursuant to the Issuer's 2018 Stock Incentive Plan 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. This filing is late due to an administrative error and not any error of the reporting person. The amount reported in this column includes restricted shares and unrestricted shares held by the reporting person as of the date of the report. The disposition reported on this Form 4 represents shares withheld by the Company to cover tax withholding obligations in connection with the vesting of restricted stock. This filing is late due to an administrative error and not any error of the reporting person.