Wilson John F 4
Research Summary
AI-generated summary
Rollins (ROL) Exec Chairman John F. Wilson Receives Award; Sells Shares
What Happened
- John F. Wilson, Executive Chairman and Director of Rollins, received 6,262 shares on Feb 10, 2026 as a performance-based award (code A). To cover taxes, 2,786 shares were withheld/disposed at $64.31 per share (code F), yielding proceeds of about $179,168. The award reflects vesting of the Fiscal 2023–2025 performance share award.
Key Details
- Transaction dates: Feb 10, 2026 (award vested and tax-withholding disposition).
- Award: 6,262 shares received at $0.00 per the filing (performance shares vested).
- Tax withholding/disposition: 2,786 shares disposed at $64.31 each; total ≈ $179,168.
- Footnotes: F1 — these were performance shares earned upon vesting, including dividends over the performance period; F2 — the filing’s ownership column includes both restricted and unrestricted shares held by the reporting person; F3 — indicates shares held via a Dividend Reinvestment Plan.
- Transaction codes: A = Award/Acquisition; F = Payment of exercise price or tax liability (tax withholding shares).
- Filing timeliness: Report filed Feb 12, 2026 for a Feb 10, 2026 transaction — appears timely (Form 4 is generally due within two business days).
Context
- The primary event was vesting of performance shares. The 2,786-share disposal was a tax-withholding action (common corporate practice) rather than an open-market sale indicating a change in investment view.
- For retail investors, award vesting signals compensation realization by an insider but does not, by itself, indicate a buy or sell opinion on the stock.