Rollins Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: ROL · Form: DEF 14A · Filed: Mar 14, 2024 · CIK: 84839
| Field | Detail |
|---|---|
| Company | Rollins Inc (ROL) |
| Form Type | DEF 14A |
| Filed Date | Mar 14, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Rollins Inc., Executive Compensation, Proxy Statement, Shareholder Voting
TL;DR
<b>Rollins Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending December 31, 2023, detailing executive compensation and corporate governance.</b>
AI Summary
ROLLINS INC (ROL) filed a Proxy Statement (DEF 14A) with the SEC on March 14, 2024. Rollins Inc. filed a DEF 14A form on March 14, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 2170 Piedmont Rd NE, Atlanta, GA. Rollins Inc. is classified under SIC code 7340 (Services-to Dwellings & Other Buildings). The filing includes data related to executive compensation, specifically equity awards for PEO and Non-PEO members across multiple fiscal years (2020-2023).
Why It Matters
For investors and stakeholders tracking ROLLINS INC, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions on corporate matters. The detailed breakdown of equity awards provides insight into the company's incentive programs and potential future dilution.
Risk Assessment
Risk Level: low — ROLLINS INC shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for publicly traded companies and does not inherently indicate significant new risks.
Analyst Insight
Review the executive compensation details and any proposed shareholder resolutions to inform voting decisions.
Key Numbers
- 20240314 — Filing Date (20240314)
- 2023-12-31 — Fiscal Year End (2023-12-31)
- 20240423 — Period of Report (20240423)
- 001-04422 — SEC File Number (001-04422)
Key Players & Entities
- ROLLINS INC (company) — FILER
- 0000084839 (company) — CENTRAL INDEX KEY
- 7340 (company) — STANDARD INDUSTRIAL CLASSIFICATION
- 2170 PIEDMONT RD NE (company) — BUSINESS ADDRESS STREET 1
- ATLANTA (company) — BUSINESS ADDRESS CITY
- GA (company) — BUSINESS ADDRESS STATE
- 30324 (company) — BUSINESS ADDRESS ZIP
- 4048882000 (company) — BUSINESS PHONE
FAQ
When did ROLLINS INC file this DEF 14A?
ROLLINS INC filed this Proxy Statement (DEF 14A) with the SEC on March 14, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ROLLINS INC (ROL).
Where can I read the original DEF 14A filing from ROLLINS INC?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ROLLINS INC.
What are the key takeaways from ROLLINS INC's DEF 14A?
ROLLINS INC filed this DEF 14A on March 14, 2024. Key takeaways: Rollins Inc. filed a DEF 14A form on March 14, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 2170 Piedmont Rd NE, Atlanta, GA..
Is ROLLINS INC a risky investment based on this filing?
Based on this DEF 14A, ROLLINS INC presents a relatively low-risk profile. The filing is a routine DEF 14A, which is standard for publicly traded companies and does not inherently indicate significant new risks.
What should investors do after reading ROLLINS INC's DEF 14A?
Review the executive compensation details and any proposed shareholder resolutions to inform voting decisions. The overall sentiment from this filing is neutral.
How does ROLLINS INC compare to its industry peers?
Rollins Inc. operates in the services-to dwellings and other buildings sector, providing pest and weed control services.
Are there regulatory concerns for ROLLINS INC?
As a publicly traded company, Rollins Inc. is subject to SEC regulations requiring the filing of proxy statements (DEF 14A) for shareholder meetings and votes.
Industry Context
Rollins Inc. operates in the services-to dwellings and other buildings sector, providing pest and weed control services.
Regulatory Implications
As a publicly traded company, Rollins Inc. is subject to SEC regulations requiring the filing of proxy statements (DEF 14A) for shareholder meetings and votes.
What Investors Should Do
- Review the detailed executive compensation tables for PEO and Non-PEO members.
- Examine any proposals being put forth for shareholder vote.
- Note the company's fiscal year end and reporting period for context.
Key Dates
- 2024-03-14: Filing of DEF 14A — Indicates the company is providing its annual proxy statement to shareholders.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard annual disclosure. No prior filing data is available in this extract for comparison.
Filing Stats: 4,549 words · 18 min read · ~15 pages · Grade level 16.9 · Accepted 2024-03-14 14:51:50
Key Financial Figures
- $1.00 — 5,309 shares of Common Stock, par value $1.00 per share. Holders of Common Stock are
Filing Documents
- rol-20240314.htm (DEF 14A) — 879KB
- rol-20240314_g1.jpg (GRAPHIC) — 5KB
- rol-20240314_g10.jpg (GRAPHIC) — 737KB
- rol-20240314_g11.jpg (GRAPHIC) — 697KB
- rol-20240314_g12.jpg (GRAPHIC) — 7KB
- rol-20240314_g13.jpg (GRAPHIC) — 556KB
- rol-20240314_g14.jpg (GRAPHIC) — 645KB
- rol-20240314_g15.jpg (GRAPHIC) — 418KB
- rol-20240314_g16.jpg (GRAPHIC) — 606KB
- rol-20240314_g17.jpg (GRAPHIC) — 31KB
- rol-20240314_g18.jpg (GRAPHIC) — 40KB
- rol-20240314_g19.jpg (GRAPHIC) — 69KB
- rol-20240314_g2.jpg (GRAPHIC) — 5KB
- rol-20240314_g20.jpg (GRAPHIC) — 62KB
- rol-20240314_g21.jpg (GRAPHIC) — 62KB
- rol-20240314_g22.jpg (GRAPHIC) — 6KB
- rol-20240314_g23.jpg (GRAPHIC) — 224KB
- rol-20240314_g24.jpg (GRAPHIC) — 627KB
- rol-20240314_g3.jpg (GRAPHIC) — 837KB
- rol-20240314_g4.jpg (GRAPHIC) — 2KB
- rol-20240314_g5.jpg (GRAPHIC) — 7KB
- rol-20240314_g6.jpg (GRAPHIC) — 527KB
- rol-20240314_g7.jpg (GRAPHIC) — 55KB
- rol-20240314_g8.jpg (GRAPHIC) — 6KB
- rol-20240314_g9.jpg (GRAPHIC) — 940KB
- 0000084839-24-000058.txt ( ) — 20797KB
- rol-20240314.xsd (EX-101.SCH) — 5KB
- rol-20240314_def.xml (EX-101.DEF) — 6KB
- rol-20240314_lab.xml (EX-101.LAB) — 12KB
- rol-20240314_pre.xml (EX-101.PRE) — 7KB
- rol-20240314_htm.xml (XML) — 142KB
Executive Compensation Practices and Governance Policies
Executive Compensation Practices and Governance Policies 31 General Compensation Objectives and Guidelines 32 Fiscal 2023 Named Executive Officer Compensation Details 32 Compensation Elements 32 Base Salary 33 Performance-Based Cash Incentive 34 Equity-Based Awards 35 Other Compensation 38 Health and Retirement Plans 38 Perquisites and Other Personal Benefits 38 Executive Employment Arrangements 38 Compensation Setting Process 38 Role of the Human Capital Management and Compensation Committee 38 Role of Management 39 Role of the Human Capital Management and Compensation Committee Consultant 39 The Role of Shareholder Say-on-Pay Votes 39 Peer Group Benchmarking Analysis 39 Policies Regarding Stock Ownership by Executive Officers 40 Stock Ownership Guidelines 40 Our Policies Regarding Hedging and Pledging 41 Clawback Policy 41 Tax Deductibility of Compensation 41 HUMAN CAPITAL MANAGEMENT AND COMPENSATION COMMITTEE REPORT 41 EXECUTIVE OFFICER COMPENSATION & BENEFITS 43 SUMMARY COMPENSATION TABLE 43 GRANTS OF PLAN-BASED AWARDS IN 2023 45 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END 47 OPTION EXERCISES AND STOCK VESTED 49 NON-QUALIFIED DEFERRED COMPENSATION 50 401(k) PLAN 51 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL 52 PAY RATIO DISCLOSURE 54 PAY VERSUS PERFORMANCE 55 DELINQUENT SECTION 16(a) REPORTS 59 STOCK OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 60 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 63 SHAREHOLDER PROPOSALS 65 EXPENSES OF SOLICITATION 65 ANNUAL REPORT 65 FORM 10-K 65 OTHER MATTERS 66 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 66 Letter from our Executive Chairman of the Board To our Shareholders, On behalf of the Board of Directors, we are pleased to share that we will hold our 2024 Annual Meeting of Shareholders on Tuesday April 23th, 2024, at 12:30 P.M. Thanks to our team members, we