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8-K

Rollins Inc (ROL)

8-K 2021-04-12 For: 2021-04-06
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Added on April 08, 2026

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): April 6, 2021

ROLLINS,

INC.

(Exact name of registrant as specified in its charter)

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

2170 PiedmontRoad, 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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement<br> 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<br> of each class Trading<br> Symbol(s) Name<br> of each exchange on which registered
Common<br> Stock 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 Directorsor Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 6, 2021, Mr. Henry B. Tippie retired from the Board of Directors of Rollins, Inc.

Item 9.01. Financial Statements

and Exhibits

Exhibit No. Description
99.1 Press Release Dated April 12, 2021

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:<br> April 12, 2021 By: /s/<br> Paul Edward Northen
Name: Paul<br> Edward Northen
Title: Sr.<br> Vice President, Chief Financial Officer and Treasurer
(Principal<br> Financial and Accounting Officer)

Exhibit 99.1

For Further Information Contact

Eddie Northen (404) 888-2242

FOR IMMEDIATE RELEASE

ROLLINS, INC. BOARD DIRECTOR HENRY B. TIPPIE TORETIRE


ATLANTA, GEORGIA, April 12, 2021: Rollins, Inc. (NYSE:ROL), a premier global consumer and commercial services company, announced the retirement of Henry B. Tippie, who joined the company in 1953. Mr. Tippie is 94 years old.

Henry B. Tippie has been associated with the Rollins family for 68 years. He was the third Director in the history of the company following the two founding Rollins brothers, John & O. Wayne Rollins. Mr. Tippie held this Director position longer than anyone in the company, including the two brothers, for roughly 56 years. Mr. Tippie also holds the company’s record for the longest serving CFO to date with 17 years and 9 months in that role.

Henry Tippie has helped lead the company in a variety of accomplishments. He was the architect of Rollins’ purchase of Orkin in 1964, which is considered to be the country’s first ever leveraged buyout. At the time, Rollins’ revenues were $9.1 million, and the price of Orkin was $62.4 million. With the everlasting leadership and support Mr. Tippie has provided throughout his career, Rollins, Inc. has grown to be over a $2 billion Company.

Mr. Tippie was one of two Rollins, Inc. directors who was present on the day of the company’s listing on the stock exchange in 1968 and again on the 50th NYSE anniversary in 2018. Mr. Tippie was also inducted into the NYSE Wall of Innovators.

As Chairman Gary W. Rollins stated, “Without the financial knowledge and leadership Henry provided, Rollins, Inc. would not be where it is today. His expertise and meticulous eye for detail has allowed Rollins, Inc. to become the largest pest control company in the world. We are appreciative of Henry B. Tippie and for everything he has done for our Company. We will continue to honor his legacy and the example he provided of hard work and dedication as we continue to grow and succeed in our Company.”

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, Inc., Critter Control, The Industrial Fumigant Company, Trutech, Orkin Australia, Waltham Services, OPC Services, PermaTreat, Rollins UK, Aardwolf Pestkare, and Crane Pest Control, 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 and www.rollins.com. You can also find this and other news releases at www.rollins.com by accessing the news releases button.

CAUTIONCONCERNING FORWARD-LOOKING STATEMENTS

Thisrelease contains statements that may constitute “forward-looking statements” within the meaning of the Private Securities LitigationReform Act of 1995.  The actual results of the Company could differ materially from those indicated because of various risksand uncertainties, including without limitation, the extent and duration of the coronavirus (COVID-19) pandemic and its potential impacton the financial health of the Company’s business partners, customers, supply chains and suppliers, global economic conditions andcapital and financial markets, changes in consumer behavior and demand, the potential unavailability of personnel or key facilities, modificationsto the Company’s operations, and the potential implementation of regulatory actions; economic and competitive conditions which mayadversely affect the Company’s business; the degree of success of the Company’s pest and termite process, and pest control sellingand treatment methods; the Company’s ability to identify and integrate potential acquisitions; climate and weather trends; competitivefactors and pricing practices; the Company’s ability to attract and retain skilled workers, and potential increases in labor costs; uncertaintiesof litigation; the results of the SEC’s investigation of the Company; and changes in various government laws and regulations, includingenvironmental regulations. All of the foregoing risks and uncertainties are beyond the ability of the Company to control, and in manycases the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated.A more detailed discussion of potential risks facing the Company can be found in the Company’s Report on Form 10-K filed with the Securitiesand Exchange Commission for the year ended December 31, 2020.