Rollins Family Voting Trust Restructuring Disclosed in Schedule 13D/A

Executive Summary

On September 21, 2026, Gary W. Rollins and affiliated family entities filed Amendment No. 19 to Schedule 13D regarding Rollins Inc ($ROL). The filing documents an internal reorganization of voting control resulting from the distribution of voting securities of family holding entities (LOR, Inc., Rollins Holding Company, Inc., and RFA Management Company, LLC) from the Gary W. Rollins Voting Trust to its beneficiary on September 17, 2026.

Key Details & Ownership Changes

• Nature of Transaction: Internal trust distribution. No open-market purchases or sales of Rollins Inc common stock occurred.
• Gary W. Rollins Voting Trust: Following the distribution, the trust now reports 0 shares (0.0%), relinquishing indirect beneficial ownership previously held via LOR, Inc. and associated holding entities.
• Gary W. Rollins: Directly and indirectly reports beneficial ownership of 15,834,134 shares (3.3%).
• Collective Group Ownership: Members of the group (Gary W. Rollins, Amy R. Kreisler, Pamela R. Rollins, Timothy C. Rollins, and associated entities) have agreed to act in concert and collectively report beneficial ownership of 182,430,847 shares, representing 37.9% of the outstanding class (based on 481,145,404 shares outstanding as of July 13, 2026).

Market Impact & Significance

• Significance: Low. The transaction represents estate planning and structural shifts within the controlling family's trust vehicles rather than a divestment into the open market or change in overarching control.