Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): December 10, 2024

ROLLINS, INC.

(Exact name of registrant as specified in its charter)


Delaware	1-4422	51-0068479
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

2170 Piedmont Road, N.E., Atlanta, Georgia 30324

(Address of principal executive offices) (Zip code)

Registrant’s telephone number, including area code: (404) 888-2000

Not Applicable

(Former name of former address, if changes since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


			o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

			o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

			o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

			o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $1.00 Par Value Per Share

ROL

NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed, effective January 1, 2025, John F. Wilson will transition from Vice Chairman to Executive Chairman of the Board of Directors (the “Board”). In connection with this transition, on December 10, 2024, the Board’s Human Capital and Compensation Committee approved (1) a grant to Mr. Wilson of $500,000 in restricted stock, vesting annually over three years, valued based on the closing price of the Company’s common stock on the New York Stock Exchange on December 13, 2025, and (2) an annual salary for Mr. Wilson of $600,000, effective January 1, 2025. Also, in connection with the transition of Gary W. Rollins from Executive Chairman of the Board to Executive Chairman Emeritus, Mr. Rollins’ salary will remain consistent with his current salary for 2025, but he will not receive equity incentives nor performance-based cash incentives, effective January 1, 2025.

Item 9.01. Financial Statements and Exhibits.


Exhibit No.						Description
104						Cover Page Interactive Data File (embedded with the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Rollins, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ROLLINS, INC.


Date: December 13, 2024	By:	/s/ Kenneth D. Krause
	Name:	Kenneth D. Krause
	Title:	Principal Financial Officer

Cover	Dec. 10, 2024
Cover [Abstract]
Entity Registrant Name	ROLLINS, INC.
Document Type	8-K
Entity Incorporation, State or Country Code	DE
Entity File Number	1-4422
Entity Tax Identification Number	51-0068479
Entity Address, Address Line One	2170 Piedmont Road, N.E.,
Entity Address, City or Town	Atlanta
Entity Address, State or Province	GA
City Area Code	(404)
Local Phone Number	888-2000
Document Period End Date	Dec. 10, 2024
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, $1.00 Par Value Per Share
Trading Symbol	ROL
Security Exchange Name	NYSE
Entity Central Index Key	0000084839
Amendment Flag	false
Entity Address, Postal Zip Code	30324
Entity Emerging Growth Company	false