Rollins (ROL) CLO granted 12,225 restricted shares as 4,115 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rollins Inc. chief legal officer Elizabeth B. Chandler received a grant of 12,225 shares of common stock on February 20, 2026 as a restricted stock award. The shares were issued at no cost under the company’s 2018 Stock Incentive Plan and will vest over three years starting on February 20, 2027, with one-third vesting on that date and the remainder in equal portions on each anniversary.
On the same date, 4,115 shares of common stock were disposed of at $61.35 per share to satisfy tax withholding obligations related to vesting restricted stock. After these transactions, Chandler directly held a total of 70,178 shares, including both restricted and unrestricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chandler Elizabeth B
Role
CLO, GC, CORPORATE SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,225 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,115 | $61.35 | $252K |
Holdings After Transaction:
Common Stock — 74,293 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.
FAQ
What stock award did Rollins (ROL) CLO Elizabeth Chandler receive?
Elizabeth Chandler received a grant of 12,225 shares of Rollins common stock as restricted shares. The award was issued under the 2018 Stock Incentive Plan at no cost to her and vests over three years starting February 20, 2027.