ROLLINS GARY W 4

What Happened

• Gary W. Rollins, a 10% owner of Rollins, Inc. (ROL), had 5,010 shares withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $60.08 each, totaling $301,001. This was a withholding to cover taxes, not an open-market sale.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-19 (appears filed within the typical two-business-day Form 4 window).
• Transaction type/code: F — shares withheld to cover tax withholding on vesting of restricted stock.
• Shares withheld: 5,010 at $60.08 per share; total value reported $301,001.
• Shares owned after transaction: not specified in the provided filing details.
• Relevant footnotes from the filing:
  • F1: Shares were withheld by the company to cover tax withholding obligations in connection with restricted stock vesting.
  • F2: Share totals reported include both restricted and unrestricted shares held by the reporting person as of the report date.
  • F3: Some shares may be held as part of a Dividend Reinvestment Plan.
• No indication this was part of a 10b5-1 plan or a gift.

Context

• This was a routine tax-withholding disposition tied to restricted stock vesting (often reported as “F”); it is not an open-market sale and generally should not be read as a bearish signal.
• For retail investors tracking insider activity, tax-withholding withholdings are common when restricted shares vest and differ from discretionary sales or purchases that may signal insider sentiment.