Rollins CFO granted 29,340 shares, withholds for tax
ROLLINS INC executive Kenneth D. Krause reported routine equity compensation and related tax withholding transactions.
Rhea-AI Filing Summary
ROLLINS INC executive Kenneth D. Krause reported routine equity compensation and related tax withholding transactions. He acquired 29,340 shares of common stock as a grant that will vest over three years beginning on February 20, 2027. The filing notes these shares were issued under the 2018 Stock Incentive Plan with no cash consideration paid by him or received by the company.
The report also shows a disposition of 10,307 shares at $61.35 per share, representing shares withheld by the company to cover tax obligations tied to vesting restricted stock, rather than an open-market sale. After these transactions, he held 138,993 shares directly, plus 832 shares held through a Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,340 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,307 | $61.35 | $632K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. The amount reported in this column includes restricted shares and unrestricted shares held by the reporting person as of the date of the report.
- F5. Represents shares held as part of a Dividend Reinvestment Plan.
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