Rollins CEO receives 74,980-share stock award
ROLLINS INC President & CEO Jerry Gahlhoff Jr. reported equity compensation and related tax withholding transactions in company common stock.
Rhea-AI Filing Summary
ROLLINS INC President & CEO Jerry Gahlhoff Jr. reported equity compensation and related tax withholding transactions in company common stock. He received a grant of 74,980 restricted shares at $0.00 per share, which will vest over three years starting on February 20, 2027. One-third of this award vests on that date, with the remaining two-thirds vesting in equal portions on each of the next two anniversaries. The filing also shows a disposition of 27,846 shares at $61.35 per share, representing shares withheld by the company to cover tax withholding obligations upon the vesting of restricted stock. After these transactions, Gahlhoff directly holds 396,676 shares, and indirectly holds 1,618 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 74,980 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 27,846 | $61.35 | $1.71M |
| holding | Common Stock | -- | -- | -- |
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.
FAQ
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What insider transactions did ROLLINS INC (ROL) report for CEO Jerry Gahlhoff Jr.?
What stock plan was used for Jerry Gahlhoff Jr.’s new ROLLINS INC (ROL) award?
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