Director at Rollins (NYSE: ROL) gets $150K restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JONES DALE E reported acquisition or exercise transactions in this Form 4 filing.
Rollins Inc. director Dale E. Jones received an equity award rather than buying shares on the market. On the grant date, he was awarded 2,692 shares of restricted common stock under Rollins’ 2018 Stock Incentive Plan, with a stated grant date value of $150,000 and no cash price per share. The award vests immediately, meaning the restrictions lift at once, and increases his direct holdings to 7,615 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JONES DALE E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,692 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,615 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 2,692 shares
Grant date value: $150,000
Shares after transaction: 7,615 shares
+1 more
4 metrics
Restricted shares granted
2,692 shares
Award of restricted common stock to director
Grant date value
$150,000
Value of restricted stock award under 2018 Stock Incentive Plan
Shares after transaction
7,615 shares
Director’s direct Rollins common stock holdings following award
Transaction price per share
$0.00 per share
Compensation grant, not a market purchase
Key Terms
restricted stock, 2018 Stock Incentive Plan, grant date value, vests immediately
4 terms
restricted stock financial
"The reported item represents an award of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2018 Stock Incentive Plan financial
"granted to the Reporting Person under the Issuer's 2018 Stock Incentive Plan"
grant date value financial
"The restricted stock award is based on a grant date value of $150,000"
vests immediately financial
"The restricted stock award is based on a grant date value of $150,000 and vests immediately"
FAQ
What did Rollins (ROL) director Dale E. Jones report in this Form 4?
Dale E. Jones reported receiving 2,692 shares of restricted Rollins common stock. The award was granted under the company’s 2018 Stock Incentive Plan, carried a grant date value of $150,000, vested immediately, and increased his direct holdings to 7,615 shares.
Was the Rollins (ROL) Form 4 transaction a market purchase or a stock award?
The Form 4 shows a stock award, not a market purchase. Jones received 2,692 restricted shares at a price of $0.00 per share as compensation under Rollins’ 2018 Stock Incentive Plan, based on a grant date value of $150,000, vesting immediately.
What are the key terms of the restricted stock granted to the Rollins (ROL) director?
The restricted stock award to Jones totals 2,692 shares with a grant date value of $150,000. It was issued under Rollins’ 2018 Stock Incentive Plan, carried a transaction price of $0.00 per share, and the footnote specifies that the award vests immediately.
Does the Rollins (ROL) Form 4 mention any stock options or derivatives for Dale E. Jones?
The filing data shows no derivative positions for Jones. The derivative summary is empty, and the only reported transaction is a non-derivative grant of 2,692 restricted common shares, increasing his directly owned common stock position to 7,615 shares in total.