Rollins (ROL) Gary W. Rollins Voting Trust Disposes 160.2M Shares

What Happened
The reporting person is the Gary W. Rollins Voting Trust (a 10% owner). On 2026-09-17 the trust recorded five "other acquisition or disposition (J)" transactions that disposed of 145,284,066; 3,945,035; 744,963; 2,235,811; and 8,028,982 shares — a total of 160,238,857 ROLL shares. No prices or total dollar values are reported on the Form 4 (N/A), and the transactions are described as a distribution of voting securities rather than open‑market sales.

Key Details

• Transaction date: 2026-09-17; Form 4 filed 2026-09-21.
• Shares disposed (by line): 145,284,066; 3,945,035; 744,963; 2,235,811; 8,028,982 — total 160,238,857 shares.
• Price/value: Not disclosed (N/A) on the filing.
• Shares owned after transaction: The filing states the reporting person is no longer the beneficial owner of the shares held indirectly through LOR, Rollins Holding Co., RFA Management, RCTLOR, or RFT Investment Co. (see footnote F1).
• Footnotes:
  • F1 — The dispositions reflect a distribution of certain voting securities to the beneficiary on Sept 17, 2026; as a result, the reporting person is no longer the indirect beneficial owner of those shares.
  • F2 — The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: The Form 4 was filed four days after the reported transactions (filed 2026-09-21 for transactions dated 2026-09-17).

Context

• Transaction code J denotes "other acquisition or disposition"; here it appears to be an internal distribution of voting securities to a beneficiary, not a public sale. Such distributions do not necessarily reflect a trading view of the company’s stock price.
• As a 10% holder (a large, non-executive ownership position), these transfers are institutional/ownership-structure actions rather than routine insider buy/sell signals.