Director Rollins (NYSE: ROL) awarded $150K restricted stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rollins Timothy Curtis reported acquisition or exercise transactions in this Form 4 filing.
ROLLINS INC director Timothy Curtis Rollins received an equity award of restricted stock. He was granted 2,692 shares of Common Stock under the company’s 2018 Stock Incentive Plan, based on a grant date value of $150,000, and the award vests immediately.
After this grant, he holds 385,502 shares directly, 94,053 shares indirectly through the 2002 Timothy C. Rollins Trust, and 124,214 shares indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rollins Timothy Curtis
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,692 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 385,502 shares (Direct, null);
Common Stock — 124,214 shares (Indirect, By: Spouse)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 2,692 shares
Grant date value: $150,000
Direct holdings after award: 385,502 shares
+2 more
5 metrics
Restricted stock granted
2,692 shares
Award of Common Stock under 2018 Stock Incentive Plan
Grant date value
$150,000
Value of restricted stock award to Timothy Curtis Rollins
Direct holdings after award
385,502 shares
Common Stock held directly following the grant
Trust indirect holdings
94,053 shares
Held indirectly through the 2002 Timothy C. Rollins Trust
Spouse indirect holdings
124,214 shares
Common Stock held indirectly by spouse
Key Terms
restricted stock, 2018 Stock Incentive Plan, grant date value, indirectly through the 2002 Timothy C. Rollins Trust, +1 more
5 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"
indirectly through the 2002 Timothy C. Rollins Trust financial
"Held indirectly through the 2002 Timothy C. Rollins Trust."
By: Spouse financial
"nature_of_ownership": "By: Spouse""
FAQ
What insider transaction did Rollins (ROL) report for Timothy Curtis Rollins?
Rollins reported an equity award to director Timothy Curtis Rollins. He received 2,692 shares of restricted Common Stock under the 2018 Stock Incentive Plan, with a grant date value of $150,000, and the restricted stock award vests immediately.
What is the value of the restricted stock award reported for Rollins (ROL)?
The restricted stock award is based on a grant value of $150,000. This value applies to the 2,692 restricted shares granted to director Timothy Curtis Rollins and is specified as the grant date value under the company’s 2018 Stock Incentive Plan.
When does the new restricted stock granted to Timothy Curtis Rollins vest?
The restricted stock granted to Timothy Curtis Rollins vests immediately. The footnote explains that the award of 2,692 restricted shares, based on a $150,000 grant value, was fully vested upon grant under Rollins Inc.’s 2018 Stock Incentive Plan.
Are the reported Rollins (ROL) holdings for Timothy Curtis Rollins direct or indirect?
He has both direct and indirect holdings in Rollins Inc. The filing lists 385,502 shares owned directly, 94,053 shares held indirectly via the 2002 Timothy C. Rollins Trust, and 124,214 shares held indirectly through his spouse.