ROL Form 4: John F. Wilson Reports 19,000-Share Gift, Holds 609,107 Shares
Rhea-AI Filing Summary
John F. Wilson, Executive Chairman and director of Rollins, Inc. (ROL), reported multiple gift transactions dated 08/22/2025 that reduced his direct holdings. The filings show a series of code G transactions (gifts) that in aggregate disposed of 19,000 shares at no cash consideration, with the reported amount of shares beneficially owned following the transactions equal to 609,107 shares. The filing notes that the post-transaction total includes both restricted and unrestricted shares. The report was signed by an attorney-in-fact on behalf of Mr. Wilson and includes the standard explanatory note that the listed transactions were gifts and that the ownership total includes restricted shares.
Positive
- Maintains substantial ownership with 609,107 shares reported after the transactions, indicating continued significant stake
- Transactions were gifts, not sales, so no immediate shares were offered to the market for cash
Negative
- Disposed of 19,000 shares via gifts on 08/22/2025, reducing direct beneficial ownership
- Recipients not disclosed in the form, so purpose of transfers (estate planning, family transfer, etc.) is not specified
Insights
TL;DR: Insider gift of 19,000 shares; routine but reduces a director's beneficial stake.
The Form 4 discloses that John F. Wilson, serving as Executive Chairman and director, executed multiple code G transactions on 08/22/2025 resulting in a net reported disposal of 19,000 shares by gift. The filing explicitly states the transfers were gifts for no consideration and that the remaining 609,107 shares include restricted and unrestricted shares. From a governance perspective, gifts by senior insiders are common for estate planning or family transfers; the filing does not disclose recipients or any planned trading program. There is no explicit indication of change in control, pledging, or derivative activity.
TL;DR: Transactions are non-cash gifts; impact on outstanding float is likely immaterial given the remaining holdings.
The Form 4 shows multiple entries labeled with transaction code G and a total of 19,000 shares disposed of by gift on 08/22/2025, with price reported as $0. Post-transaction beneficial ownership is reported at 609,107 shares, which the filer clarifies includes restricted shares. There are no sales or exercise events reported and no derivative positions shown. Based solely on the disclosed figures, these are non-cash transfers and do not reflect a sale that would add shares to the market; therefore, immediate market liquidity impact appears limited.