STOCK TITAN

[Form 4/A] Cintas Corp Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A
Rhea-AI Filing Summary

Satellogic Inc. (SATL) – Form 4 insider filing

On 06/23/2025, CEO, Director and 10% owner Emiliano Kargieman converted 3,000,000 Class B shares into 3,000,000 Class A shares (Transaction Code “M”) at a price of $0. Following the conversion he now directly owns 3,000,000 Class A shares and continues to hold 10,582,642 Class B shares as derivative securities. The exchange occurred on a one-for-one basis; any Class B still outstanding on 01/25/2027 will automatically convert to Class A.

The filing records a reclassification of the insider’s equity rather than an open-market trade, increasing the publicly tradable Class A float by 3 million shares.

Satellogic Inc. (SATL) – Comunicazione interna Form 4

Il 23/06/2025, Emiliano Kargieman, CEO, Direttore e azionista con oltre il 10%, ha convertito 3.000.000 di azioni Classe B in 3.000.000 di azioni Classe A (Codice Transazione “M”) al prezzo di $0. Dopo la conversione, detiene direttamente 3.000.000 di azioni Classe A e continua a possedere 10.582.642 azioni Classe B come titoli derivati. Lo scambio è avvenuto con rapporto uno a uno; tutte le azioni Classe B ancora in circolazione al 25/01/2027 saranno convertite automaticamente in Classe A.

La comunicazione registra una riclassificazione del patrimonio dell’insider piuttosto che una transazione sul mercato aperto, aumentando la flottante pubblica delle azioni Classe A di 3 milioni di azioni.

Satellogic Inc. (SATL) – Presentación interna Formulario 4

El 23/06/2025, Emiliano Kargieman, CEO, Director y propietario del 10%, convirtió 3.000.000 acciones Clase B en 3.000.000 acciones Clase A (Código de Transacción “M”) a un precio de $0. Tras la conversión, posee directamente 3.000.000 acciones Clase A y mantiene 10.582.642 acciones Clase B como valores derivados. El intercambio se realizó a razón de uno por uno; cualquier acción Clase B que permanezca al 25/01/2027 se convertirá automáticamente en Clase A.

La presentación registra una reclasificación del patrimonio del insider en lugar de una operación en el mercado abierto, aumentando el flotante público de acciones Clase A en 3 millones.

Satellogic Inc. (SATL) – 내부자 신고서 Form 4

2025년 6월 23일, CEO이자 이사이며 10% 지분 보유자인 Emiliano Kargieman이 3,000,000 클래스 B 주식3,000,000 클래스 A 주식으로 전환했습니다 (거래 코드 “M”) 가격은 $0였습니다. 전환 후 그는 직접 3,000,000 클래스 A 주식을 보유하고 있으며, 여전히 파생 증권으로 10,582,642 클래스 B 주식을 보유하고 있습니다. 교환 비율은 1대 1이며, 2027년 1월 25일에 남아있는 클래스 B 주식은 자동으로 클래스 A로 전환됩니다.

이 신고는 내부자의 지분 재분류를 기록한 것으로, 공개 시장 거래가 아니며, 공개 거래 가능한 클래스 A 주식 수를 300만 주 늘렸습니다.

Satellogic Inc. (SATL) – Déclaration d’initié Formulaire 4

Le 23/06/2025, Emiliano Kargieman, PDG, administrateur et détenteur de plus de 10%, a converti 3 000 000 d’actions de classe B en 3 000 000 d’actions de classe A (code de transaction « M ») au prix de 0 $. Après cette conversion, il détient directement 3 000 000 d’actions de classe A et continue de détenir 10 582 642 actions de classe B en titres dérivés. L’échange s’est effectué à raison d’une action pour une action ; toute action de classe B encore en circulation au 25/01/2027 sera automatiquement convertie en classe A.

Cette déclaration enregistre une reclassification des actions de l’initié plutôt qu’une transaction sur le marché ouvert, augmentant ainsi le flottant public des actions de classe A de 3 millions d’actions.

Satellogic Inc. (SATL) – Insider-Meldung Form 4

Am 23.06.2025 wandelte Emiliano Kargieman, CEO, Direktor und 10%-Eigentümer, 3.000.000 Class B Aktien in 3.000.000 Class A Aktien um (Transaktionscode „M“) zum Preis von 0 $. Nach der Umwandlung besitzt er direkt 3.000.000 Class A Aktien und hält weiterhin 10.582.642 Class B Aktien als derivative Wertpapiere. Der Tausch erfolgte im Verhältnis eins zu eins; alle Class B Aktien, die am 25.01.2027 noch ausstehen, werden automatisch in Class A umgewandelt.

Die Meldung dokumentiert eine Umklassifizierung des Insider-Eigentums und keinen Handel am offenen Markt, wodurch die öffentlich handelbare Class A-Streubesitzmenge um 3 Millionen Aktien erhöht wird.

Positive
  • None.
Negative
  • 3 million additional Class A shares enter the public float, incrementally diluting existing Class A holders.

Insights

TL;DR – Insider reclassifies 3 M shares; neutral liquidity uptick.

The conversion adds 3 million Class A shares to the float without cash proceeds or insider disposition, signalling neither bullish buying nor bearish selling. Kargieman still controls 10.6 million Class B shares, so overall exposure remains high. While the change marginally boosts liquidity, it also modestly enlarges the Class A share count. Because no price was paid, the transaction is best viewed as administrative rather than fundamental. Impact on valuation is therefore limited.

Satellogic Inc. (SATL) – Comunicazione interna Form 4

Il 23/06/2025, Emiliano Kargieman, CEO, Direttore e azionista con oltre il 10%, ha convertito 3.000.000 di azioni Classe B in 3.000.000 di azioni Classe A (Codice Transazione “M”) al prezzo di $0. Dopo la conversione, detiene direttamente 3.000.000 di azioni Classe A e continua a possedere 10.582.642 azioni Classe B come titoli derivati. Lo scambio è avvenuto con rapporto uno a uno; tutte le azioni Classe B ancora in circolazione al 25/01/2027 saranno convertite automaticamente in Classe A.

La comunicazione registra una riclassificazione del patrimonio dell’insider piuttosto che una transazione sul mercato aperto, aumentando la flottante pubblica delle azioni Classe A di 3 milioni di azioni.

Satellogic Inc. (SATL) – Presentación interna Formulario 4

El 23/06/2025, Emiliano Kargieman, CEO, Director y propietario del 10%, convirtió 3.000.000 acciones Clase B en 3.000.000 acciones Clase A (Código de Transacción “M”) a un precio de $0. Tras la conversión, posee directamente 3.000.000 acciones Clase A y mantiene 10.582.642 acciones Clase B como valores derivados. El intercambio se realizó a razón de uno por uno; cualquier acción Clase B que permanezca al 25/01/2027 se convertirá automáticamente en Clase A.

La presentación registra una reclasificación del patrimonio del insider en lugar de una operación en el mercado abierto, aumentando el flotante público de acciones Clase A en 3 millones.

Satellogic Inc. (SATL) – 내부자 신고서 Form 4

2025년 6월 23일, CEO이자 이사이며 10% 지분 보유자인 Emiliano Kargieman이 3,000,000 클래스 B 주식3,000,000 클래스 A 주식으로 전환했습니다 (거래 코드 “M”) 가격은 $0였습니다. 전환 후 그는 직접 3,000,000 클래스 A 주식을 보유하고 있으며, 여전히 파생 증권으로 10,582,642 클래스 B 주식을 보유하고 있습니다. 교환 비율은 1대 1이며, 2027년 1월 25일에 남아있는 클래스 B 주식은 자동으로 클래스 A로 전환됩니다.

이 신고는 내부자의 지분 재분류를 기록한 것으로, 공개 시장 거래가 아니며, 공개 거래 가능한 클래스 A 주식 수를 300만 주 늘렸습니다.

Satellogic Inc. (SATL) – Déclaration d’initié Formulaire 4

Le 23/06/2025, Emiliano Kargieman, PDG, administrateur et détenteur de plus de 10%, a converti 3 000 000 d’actions de classe B en 3 000 000 d’actions de classe A (code de transaction « M ») au prix de 0 $. Après cette conversion, il détient directement 3 000 000 d’actions de classe A et continue de détenir 10 582 642 actions de classe B en titres dérivés. L’échange s’est effectué à raison d’une action pour une action ; toute action de classe B encore en circulation au 25/01/2027 sera automatiquement convertie en classe A.

Cette déclaration enregistre une reclassification des actions de l’initié plutôt qu’une transaction sur le marché ouvert, augmentant ainsi le flottant public des actions de classe A de 3 millions d’actions.

Satellogic Inc. (SATL) – Insider-Meldung Form 4

Am 23.06.2025 wandelte Emiliano Kargieman, CEO, Direktor und 10%-Eigentümer, 3.000.000 Class B Aktien in 3.000.000 Class A Aktien um (Transaktionscode „M“) zum Preis von 0 $. Nach der Umwandlung besitzt er direkt 3.000.000 Class A Aktien und hält weiterhin 10.582.642 Class B Aktien als derivative Wertpapiere. Der Tausch erfolgte im Verhältnis eins zu eins; alle Class B Aktien, die am 25.01.2027 noch ausstehen, werden automatisch in Class A umgewandelt.

Die Meldung dokumentiert eine Umklassifizierung des Insider-Eigentums und keinen Handel am offenen Markt, wodurch die öffentlich handelbare Class A-Streubesitzmenge um 3 Millionen Aktien erhöht wird.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TYSOE RONALD W

(Last) (First) (Middle)
P.O. BOX 625737

(Street)
CINCINNATI OH 45262

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CINTAS CORP [ CTAS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/01/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/30/2025 S 5,084 D $223.47 21,945 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Amendment being filed due to discrepancy in date of earliest transaction reported on the original Form 4.
/s/ Allison A. Westfall as Attorney-in-Fact for Ronald W. Tysoe 08/01/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SATL's CEO report in the latest Form 4?

He converted 3,000,000 Class B shares into 3,000,000 Class A shares at no cost.

How many SATL Class A shares does Emiliano Kargieman now hold?

After the transaction he directly owns 3,000,000 Class A shares.

What remains of the insider's Class B holdings?

He still holds 10,582,642 Class B shares, which can be converted on the same 1-for-1 basis.

Was there any open-market sale or purchase involved?

No. The filing shows a share class conversion (code “M”) with $0 price; no shares were bought or sold in the market.

When will all outstanding Class B shares automatically convert?

Any Class B shares still outstanding will convert to Class A on January 25, 2027.
Cintas Corp

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89.92B
342.07M
15.06%
67.22%
0.96%
Specialty Business Services
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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United States
CINCINNATI