Krause Kenneth D. 4

What Happened Kenneth D. Krause, Executive Vice President and Chief Financial Officer of Rollins, reported that 22,090 performance shares vested and were issued to him on Feb 10, 2026 (reported as an acquisition/award). To satisfy tax withholding on the vesting, 7,579 shares were surrendered/treated as disposed at $64.31 per share, totaling approximately $487,405. The award is shown on the Form 4 as an "A" (award/acquisition) and the withholding as "F" (tax withholding).

Key Details

• Transaction dates: Feb 10, 2026 (vesting/award and tax withholding).
• Award: 22,090 performance shares reported at $0.00 on the Form 4 (A).
• Tax withholding: 7,579 shares disposed at $64.31 each = $487,405 (F).
• Footnotes:
  • F1: These were performance shares earned for Fiscal 2023–2025, including dividends accrued during the performance period.
  • F2: The filing notes the total shown includes restricted and unrestricted shares held by the reporting person.
  • F3: Some shares are held via a Dividend Reinvestment Plan (DRIP).
• Shares owned after transaction: not specified in the provided filing extract; the form indicates holdings include restricted/unrestricted shares (see F2).
• Filing timeliness: Form filed Feb 12, 2026 for Feb 10 transactions — within the typical two-business-day Form 4 reporting window.

Context This was primarily a vesting of performance-based equity, with the partial surrender of shares to cover required tax withholding — a routine, non-open-market disposition that does not necessarily indicate a change in insider sentiment. The award reflects compensation earned; the withheld shares simply satisfy tax obligations rather than represent a discretionary sale for cash.