Hardin Paul Russell 4
Research Summary
AI-generated summary
Rollins (ROL) Director Paul Russell Receives Restricted Stock Award
What Happened
- Director Paul Russell received an award of 2,692 restricted shares of Rollins, Inc. (ROL) on April 28, 2026. The Form 4 reports the acquisition at $0.00 per share (no cash paid). The footnote states a grant-date value of $150,000 and that the award vested immediately.
Key Details
- Transaction date and type: 2026-04-28 — Award/Grant (code A).
- Price reported: $0.00 per share (award); grant-date value $150,000 (footnote).
- Shares acquired: 2,692 restricted shares.
- Shares owned after transaction: not specified in the filing.
- Notable footnote: Award granted under the Issuer’s 2018 Stock Incentive Plan and vested immediately (Footnote F1).
- Filing timeliness: Form filed 2026-04-30; filing appears timely (Form 4 due within two business days).
Context
- This was a restricted stock award (not an open-market purchase). Because the award vested immediately, the shares are no longer subject to future forfeiture and count as owned shares for the director. Such awards are a routine form of director compensation and should be interpreted as compensation-related acquisition rather than a direct market signal.