Gahlhoff Jerry Jr. 4
Research Summary
AI-generated summary
Rollins (ROL) CEO Jerry Gahlhoff Withholds 8,075 Shares for Taxes
What Happened
- Jerry Gahlhoff, President & CEO and Director of Rollins, reported a disposition on 2026-02-17 where 8,075 shares were withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were valued at $60.08 each, for a total of $485,146.
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-19 (timely Form 4 filing).
- Shares withheld/disposed: 8,075 at $60.08 per share; total value reported: $485,146.
- Transaction code: F — shares were withheld by the company to cover tax withholding on vested restricted stock (per footnote F1).
- Shares owned after transaction: not specified in the excerpt provided (footnote F2 notes reported share totals include restricted and unrestricted shares as of the report date).
- This was a tax-withholding disposition, not an open-market sale.
Context
- This transaction reflects routine tax withholding upon vesting of restricted stock rather than an active decision to sell holdings; such withholdings are common and do not necessarily signal management sentiment. Transaction code F indicates company-held shares were used to cover the tax liability.