|4Feb 12, 5:19 PM ET

Gahlhoff Jerry Jr. 4

Research Summary

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Rollins (ROL) CEO Jerry Gahlhoff Receives 55,060 Shares; Surrenders 24,522

What Happened

  • Jerry Gahlhoff Jr., President & CEO and Director of Rollins, received 55,060 shares on 2026-02-10 as the vesting of a Fiscal 2023–2025 performance share award (reported as an award, code A). To satisfy tax withholding, he surrendered 24,522 shares (reported as code F) at $64.31 per share, generating proceeds of $1,577,010. The award was reported with no purchase price (acquired at $0.00).

Key Details

  • Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (timely filing).
  • Award: 55,060 shares (code A) — performance shares vested (includes dividends earned over performance period per footnote).
  • Withholding: 24,522 shares surrendered (code F) at $64.31/share = $1,577,010 to cover tax liability.
  • Amount owned after transaction: not specified in the provided filing data.
  • Footnotes: F1 confirms the shares were performance shares earned for FY2023–2025 including dividends; F2 notes the reported amount includes restricted and unrestricted shares held by the reporting person as of the report date.

Context

  • This filing reflects a vesting event and routine tax withholding (share surrender) rather than an open-market purchase or discretionary sale. Performance-share vesting increases the insider’s holdings, while the surrender of shares to cover taxes is a common administrative step (a cashless withholding).