Rollins (ROL) Executive Chairman receives stock grant and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROLLINS INC Executive Chairman John F. Wilson reported a mix of equity compensation and related tax withholding in company stock. He received a grant of 12,225 restricted shares of common stock at $0 per share under the 2018 Stock Incentive Plan. These restricted shares will vest over three years starting on February 20, 2027, with one-third vesting then and the rest on each of the next two anniversaries. To cover tax obligations from vesting of earlier awards, 3,188 shares were withheld by the company at $61.35 per share. After these transactions, he directly holds over six hundred thousand shares, including both restricted and unrestricted stock, plus a small balance in a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wilson John F
Role
EXECUTIVE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,225 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,188 | $61.35 | $196K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 609,488 shares (Direct)
Footnotes (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. 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. 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. The amount reported in this column includes restricted shares and unrestricted shares held by the reporting person as of the date of the report. Represents shares held as part of a Dividend Reinvestment Plan.
FAQ
What did Rollins (ROL) Executive Chairman John F. Wilson report in this Form 4?
John F. Wilson reported a stock grant and related tax withholding. He received 12,225 restricted shares and had 3,188 shares withheld to cover tax liabilities from vesting of restricted stock previously awarded under the company’s 2018 Stock Incentive Plan.