Krause Kenneth D. 4
Research Summary
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Rollins (ROL) CFO Kenneth Krause Receives Restricted Stock Award
What Happened Kenneth D. Krause, Executive Vice President and Chief Financial Officer of Rollins, was granted 29,340 restricted shares on February 20, 2026 (award, code A). On the same date the company withheld 10,307 shares (code F) to satisfy tax-withholding obligations related to restricted stock vesting; those withheld shares were valued at $61.35 each for a total of $632,334. The new award was issued at no cost to Krause under the Issuer’s 2018 Stock Incentive Plan.
Key Details
- Transaction date: February 20, 2026.
- Grant: 29,340 restricted shares issued (no cash paid) under the 2018 Stock Incentive Plan (footnote F2).
- Tax withholding: 10,307 shares withheld at $61.35/share to cover taxes — total value $632,334 (footnote F3).
- Vesting: The granted restricted shares vest over three years beginning February 20, 2027 (one-third on that date, remainder in equal annual installments) (footnote F1).
- Shares owned after transaction: the filing’s “owned” total (per footnote F4) includes restricted and unrestricted shares, but the exact total was not provided in the excerpt.
- Filing notes: withholding is a routine tax-withholding transaction; no late filing was indicated in the provided information.
Context: This filing reports an equity award (not an open-market purchase or sale). The grant is a compensation award that vests in the future; the withheld shares represent a routine tax-withholding method and do not by themselves indicate buying or selling intent.