Rollins (ROL) director Gregory B. Morrison receives $150,000 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morrison Gregory B reported acquisition or exercise transactions in this Form 4 filing.
Rollins Inc. director Gregory B. Morrison received a grant of restricted stock as equity compensation. He was awarded 2,692 shares of Rollins common stock, based on a grant date value of $150,000, under the company’s 2018 Stock Incentive Plan. The restricted stock vests immediately, meaning he gains full ownership right away. Following this award, Morrison directly holds 11,324 shares of Rollins common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morrison Gregory B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,692 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,324 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock award: 2,692 shares
Grant date value: $150,000
Shares held after grant: 11,324 shares
3 metrics
Restricted stock award
2,692 shares
Common stock grant to Gregory B. Morrison
Grant date value
$150,000
Value of restricted stock award under 2018 Stock Incentive Plan
Shares held after grant
11,324 shares
Morrison’s direct Rollins common stock holdings post-transaction
Key Terms
restricted stock, 2018 Stock Incentive Plan, grant date value, vests immediately, +1 more
5 terms
restricted stock financial
"The reported item represents an award of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2018 Stock Incentive Plan financial
"award of restricted stock granted to the Reporting Person under the Issuer's 2018 Stock Incentive Plan"
grant date value financial
"The restricted stock award is based on a grant date value of $150,000"
vests immediately financial
"The restricted stock award is based on a grant date value of $150,000 and vests immediately"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Rollins (ROL) director Gregory B. Morrison report?
Gregory B. Morrison reported receiving 2,692 shares of Rollins common stock as a restricted stock award. The shares were granted under the 2018 Stock Incentive Plan and vest immediately, representing equity compensation rather than an open-market purchase.
How large is Gregory B. Morrison’s new restricted stock award in Rollins (ROL)?
The restricted stock award to Gregory B. Morrison totals 2,692 Rollins shares, with a grant date value of $150,000. This equity grant increases his direct holdings and reflects compensation approved under the company’s 2018 Stock Incentive Plan.
Does the Rollins (ROL) Form 4 show an open-market buy or sell by Gregory B. Morrison?
No open-market buy or sell is reported. The Form 4 shows a grant of 2,692 restricted shares to Gregory B. Morrison as compensation, with a transaction code indicating a grant or award rather than a market purchase or sale.
Under which plan was Gregory B. Morrison’s Rollins (ROL) restricted stock granted?
The restricted stock award was granted under Rollins’ 2018 Stock Incentive Plan. This plan allows the company to issue equity-based compensation, and in this case provided Morrison 2,692 shares with a grant date value of $150,000 that vest immediately.