Wilson John F 4
Research Summary
AI-generated summary
Rollins (ROL) Executive Chairman John F. Wilson Receives Restricted Shares
What Happened
- John F. Wilson, Executive Chairman and Director of Rollins, was granted 12,225 restricted shares (code A) on February 20, 2026 (issued at $0). On the same date, 3,188 shares were withheld by the company to satisfy tax withholding obligations (code F) at $61.35 per share, totaling $195,584. The grant is an award of restricted stock rather than a market purchase or sale.
Key Details
- Transaction date: February 20, 2026; Form filed February 24, 2026.
- Grant: 12,225 restricted shares issued at $0 (no cash consideration) under the Issuer’s 2018 Stock Incentive Plan (footnote F2).
- Tax withholding: 3,188 shares withheld at $61.35 each = $195,584 (footnote F3).
- Vesting: Restricted shares vest over three years beginning February 20, 2027 — one-third vests on that date, then the remaining two-thirds vest in equal portions on each subsequent anniversary (footnote F1).
- Holdings: Filing notes amounts reported include restricted and unrestricted shares (footnote F4); some holdings may be part of a Dividend Reinvestment Plan (footnote F5). The filing does not specify the exact total shares owned after these transactions.
- Filing timeliness: The filing date is 2026-02-24 for the 2026-02-20 transactions; no late-filing flag is indicated in the filing.
Context
- This was a stock award (restricted stock) with routine tax-withholding via share retention — a common way companies satisfy tax obligations when restricted shares vest. This is not an open-market purchase or sale and does not necessarily indicate a change in the insider’s view of the company.