Director Donahue receives $150K stock grant at Rollins (NYSE: ROL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donahue Paul D reported acquisition or exercise transactions in this Form 4 filing.
Rollins Inc. granted director Paul D. Donahue an award of 2,692 shares of common stock on the company's stock incentive plan. The filing shows this was a restricted stock grant with a grant date value of $150,000 and an immediate vesting schedule.
After this award, Donahue directly owns 5,387 common shares. Because the shares were granted at no cash cost to him and vest immediately, this filing mainly reflects equity-based director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donahue Paul D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,692 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,387 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 2,692 shares
Grant date value: $150,000
Shares after transaction: 5,387 shares
+1 more
4 metrics
Restricted stock granted
2,692 shares
Award of common stock to director Paul D. Donahue
Grant date value
$150,000
Value used to determine restricted stock award size
Shares after transaction
5,387 shares
Donahue’s direct Rollins common stock holdings following award
Transaction price per share
$0.00 per share
Indicates no cash paid by Donahue for granted shares
Key Terms
restricted stock, 2018 Stock Incentive Plan, grant date value, vests immediately
4 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
"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"
FAQ
What did Rollins (ROL) director Paul D. Donahue report in this Form 4?
Paul D. Donahue reported receiving a grant of 2,692 shares of Rollins common stock. The award is restricted stock issued as equity compensation and is not an open-market stock purchase or sale, reflecting part of his overall director compensation package.
How large is the restricted stock award reported by Rollins (ROL)?
The restricted stock award totals 2,692 shares of Rollins common stock. According to the footnote, it is based on a grant date value of $150,000, giving investors a clear sense of the compensation’s approximate dollar scale and structure.
What is the vesting schedule of Paul D. Donahue’s Rollins (ROL) stock grant?
The restricted stock grant to Paul D. Donahue vests immediately. This means all 2,692 awarded shares become fully owned and no longer subject to time-based vesting conditions as of the grant date, simplifying his equity position and eliminating future vesting milestones for this award.
Did Paul D. Donahue buy or sell Rollins (ROL) stock on the market in this filing?
No, the filing shows an equity award, not a market trade. The transaction is coded as a grant or award acquisition, with 2,692 restricted shares received at a price of $0.00 per share under the company’s stock incentive plan.