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Item 5. OTHER INFORMATION

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Item 5. OTHER INFORMATION

Rule 10b5-1 Trading Plans

Securities Trading Plans of Directors and Executive Officers

During the three months ended June 30, 2023, the following executive officers entered into, modified or terminated, contracts, instructions or written plans for the sale of the Company’s securities, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1 of the Exchange Act, referred to as Rule 10b5-1 trading plans.

Name and TitleDate of Adoption of the Rule 10b5-1 Trading PlanScheduled Expiration Date of the Rule 10b5-1 Trading PlanTotal Amount of Securities to Be SoldTransactions Pursuant to 10b5-1 Trading PlanEarly Termination of the Rule 10b5-1 Trading Plan
Jerry E. Gahlhoff, Jr. Chief Executive Officer and PresidentJune 12, 2023August 30, 202417,000Sales to occur on or after September 11, 2023, if certain limit prices are metIf all 17,000 shares of Company common stock are sold prior to the scheduled expiration date, the trading plan will terminate on such earlier date
Kenneth D. Krause Executive Vice President, Chief Financial Officer and TreasurerMarch 13, 2023February 28, 202412,000Sales occurred on June 12, 2023, once certain limit prices were metImmediately after sales occurred, the trading plan terminated on June 12, 2023
Elizabeth B. Chandler Vice President, General Counsel and Corporate SecretaryJune 13, 2023June 14, 202410,000Sales to occur on or after February 21, 2024, if certain limit prices are metIf all 10,000 shares of Company common stock are sold prior to the scheduled expiration date, the trading plan will terminate on such earlier date

In addition to the material terms noted in the table, pursuant to each of these trading plans, in accordance with Rule 10b5-1 of the Exchange Act, there is a mandatory waiting period or “cooling-off period” before the transactions contemplated by each trading plan can begin consisting of the later of (i) ninety days after the adoption date of the applicable trading plan or (ii) two business days following the disclosure of the Company’s financial results in a Form 10-Q or Form 10-K for the completed fiscal quarter in which such plan was adopted. In addition, each trading plan disclosed in this Item 5 includes certain representations made by the applicable officer as to (a) the possession of material, non-public information about the Company; (b) the fact that officer is adopting the plan in good faith and will continue to act in good faith with respect to all transactions contemplated by the plan; and (c) the existence of other trading arrangements pursuant to Rule 10b5-1 currently in effect or scheduled to take effect.

ROLLINS, INC. AND SUBSIDIARIES

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