LOR INC (10% Owner) sold 19,297,383 shares of ROL for $1.1B at $56.93; retains 145,284,066 shares.
LOR INC, a major 10% shareholder, executed a substantial sale of 19,297,383 shares, reducing its stake by 11.7% while maintaining a significant 145,284,066-share position. The sale at $56.93 occurred near the 52-week high range (currently $58.48, only 2.0% from the 52-week peak of $59.67), and notably, ROL traded +4.3% over the prior 30 days and +1.8% over 90 days. The insider's prior same-ticker sale on 2023-09-11 generated positive 90-day returns (+20.5%), indicating that prior disposition did not precede a decline. With ROL trading at a rich 55.17 P/E and annual revenue growth of +10.3%, the sale represents a material reduction in exposure by a cornerstone shareholder but does not constitute a full exit.