UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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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
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.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 26, 2021, Rollins, Inc. (the “Company”) issued a press release announcing the Board of Directors’ (the “Board”) election of Jerry E. Gahlhoff, Jr., the Company’s current President and Chief Operating Officer as a member to the Board, effective October 26, 2021. Mr. Gahlhoff will stand for re-election by the stockholders in 2023 as a Class I Director. In connection with Mr. Gahlhoff’s election, the Board also adopted a resolution expanding the size of the Board from ten to eleven directors.
Mr. Gahlhoff has not been appointed to serve on any of the Board’s committees, nor will Mr. Gahlhoff receive additional compensation in connection with his position as a director. There are no transactions between Mr. Gahlhoff and the Company that would be reportable under Item 404(a) of Regulation S-K, and no arrangements or understandings with any persons pursuant to which he was selected as a director. A copy of the Company’s press release announcing the election of Mr. Gahlhoff is attached as Exhibit 99.1 hereto and incorporated herein by reference
Item 8.01. Other Events.
On October 26, 2021, the Board of Directors declared a regular quarterly cash dividend on its common stock of $0.10 per share plus a special year-end dividend of $0.08 per share with both payable December 10, 2021 to stockholders of record at the close of business on November 10, 2021. A copy of the Company’s press release announcing the dividends is attached as Exhibit 99.1 hereto and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. |
| Description |
99.1 |
| |
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: October 26, 2021 | By: | /s/ Julie Bimmerman |
| Name: | Julie Bimmerman |
| Title: | Interim Chief Financial Officer and Treasurer |
|
| (Principal Financial and Accounting Officer) |
Exhibit 99.1
For Further Information Contact
Julie Bimmerman (404) 888-2103
FOR IMMEDIATE RELEASE
ROLLINS, INC. ROLLINS, INC. ANNOUNCES THE ELECTION OF JERRY GAHLHOFF, JR. TO THE BOARD OF DIRECTORS AND THE DECLARATION OF A REGULAR QUARTERLY CASH DIVIDEND AND A SPECIAL YEAR-END DIVIDEND
ATLANTA, GEORGIA, October 26, 2021: Rollins, Inc. (NYSE:ROL), a premier global consumer and commercial services company announced the election of Jerry Gahlhoff, Jr., the Company’s current President and Chief Operating Officer, to the Board of Directors, effective October 26, 2021. Mr. Gahlhoff came to Rollins in the HomeTeam acquisition in 2008 and has successfully managed several areas of the Company with increasing responsibility. Prior to his current role, Mr. Gahlhoff served as President of the Rollins Specialty Brands team of HomeTeam, Clark, Northwest, Western Pest, Waltham Pest, and OPC pest control companies as well as the Rollins Human Resources department.
Also on October 26, 2021, the Board of Directors declared a regular quarterly cash dividend on its common stock of $0.10 per share plus a special year-end cash dividend of $0.08 per share with both payable on December 10, 2021 to stockholders of record at the close of business on November 10, 2021.
About Rollins
Rollins, Inc. is a premier global consumer and commercial services company. Through its family of leading brands, Orkin, HomeTeam Pest Defense, Clark Pest Control, Orkin Canada, Western Pest Services, Northwest Exterminating, McCall Service, Critter Control, The Industrial Fumigant Company, Trutech, Orkin Australia, Waltham Services, OPC Services, PermaTreat, Rollins UK, Aardwolf Pestkare, Crane Pest Control and MissQuito, the Company provides essential pest control services and protection against termite damage, rodents and insects to more than two million customers in North America, South America, Europe, Asia, Africa, and Australia from more than 700 locations. You can learn more about Rollins and its subsidiaries by visiting our web sites at www.orkin.com, www.pestdefense.com, www.clarkpest.com, www.orkincanada.ca, www.westernpest.com, www.callnorthwest.com, www.mccallservice.com, www.crittercontrol.com, www.indfumco.com, www.trutechinc.com, www.orkinau.com, www.walthamservices.com, www.opcpest.com, www.permatreat.com, www.safeguardpestcontrol.co.uk, www.aardwolfpestkare.com, www.cranepestcontrol.com, www.missquito.com and www.rollins.com. You can also find this and other news releases at www.rollins.com by accessing the news releases button.
Document and Entity Information |
Oct. 26, 2021 |
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Document and Entity Information [Abstract] | |
Document Type | 8-K |
Document Period End Date | Oct. 26, 2021 |
Entity File Number | 1-4422 |
Entity Registrant Name | ROLLINS, INC. |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 51-0068479 |
Entity Address State Or Province | GA |
Entity Address, Address Line One | 2170 Piedmont Road, N.E. |
Entity Address, City or Town | Atlanta |
Entity Address, Postal Zip Code | 30324 |
City Area Code | (404) |
Local Phone Number | 888-2000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock |
Trading Symbol | ROL |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0000084839 |
Amendment Flag | false |
Entity Information, Former Legal or Registered Name | Not Applicable |
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