Gunning Patrick J. 4
Research Summary
AI-generated summary
Rollins (ROL) Director Patrick J. Gunning Receives Restricted Stock Award
What Happened
- Patrick J. Gunning, a director of Rollins, Inc. (ROL), was granted 2,692 restricted shares on April 28, 2026. The Form 4 reports the shares were acquired at $0.00 (award) and the grant has a reported grant-date value of $150,000. The award vested immediately.
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-30 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,692; reported acquisition price: $0.00.
- Grant-date value: $150,000 (per filing footnote).
- Vesting: Award vested immediately (per footnote).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: Award made under the Issuer’s 2018 Stock Incentive Plan.
Context
- This was a compensation grant (restricted stock award) to a director, not an open-market purchase or sale. Immediate vesting means the shares are no longer subject to future vesting conditions. Such awards are common for director compensation and do not, by themselves, indicate insider buying or selling intention.