Rollins CLO granted restricted stock, shares withheld for tax
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,225 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,115 | $61.35 | $252K |
Footnotes (4)
- 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.
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