Cintas (CTAS) director defers fees into 99.76 phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Cintas Corp director Ronald W. Tysoe reported a routine compensation-related transaction involving deferred fees. On this Form 4, he acquired 99.760 Phantom Stock Units tied to Cintas common stock, based on deferring a portion of his cash retainer fees under the Directors' Deferred Compensation Plan.

Each Phantom Stock Unit tracks the value of one share of Cintas common stock but is not an actual share and carries no voting rights. After this grant, Tysoe holds 38,838.700 Phantom Stock Units in total, which are payable only in cash after his service as a director ends.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider TYSOE RONALD W

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	99.76	$174.74	$17K

Holdings After Transaction: Phantom Stock Units — 38,838.7 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Phantom Stock Units granted: 99.760 units Grant reference price: $174.7400 per unit Total Phantom Stock Units after transaction: 38,838.700 units +2 more

5 metrics

Phantom Stock Units granted 99.760 units Grant/award on 2026-06-15

Grant reference price $174.7400 per unit Value basis for Phantom Stock Units

Total Phantom Stock Units after transaction 38,838.700 units Holdings following 2026-06-15 grant

Underlying common stock equivalence 99.760 shares Each unit equals one share value

Exercise price $0.0000 Phantom Stock Units under deferred plan

Key Terms

Phantom Stock Units, Directors' Deferred Compensation Plan, dividend equivalents

3 terms

Phantom Stock Units financial

"Reporting Person elected to defer a portion of the Reporting Person's cash retainer fees into Phantom Stock Units"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Directors' Deferred Compensation Plan financial

"pursuant to the Directors' Deferred Compensation Plan (including dividend equivalents..."

dividend equivalents financial

"including dividend equivalents that have been credited as additional Phantom Stock Units"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 05:07 PM

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

TYSOE RONALD W

(Last)

(First)

(Middle)

P.O. BOX 625737

(Street)

CINCINNATI

OHIO

45262

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	06/15/2026		A		99.76		⁽¹⁾	⁽¹⁾	Common Stock	99.76	$174.74	38,838.7	D

Explanation of Responses:

1. Reporting Person elected to defer a portion of the Reporting Person's cash retainer fees into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan (including dividend equivalents that have been credited as additional Phantom Stock Units), each unit having a value equal to one share of Cintas Corporation common stock but are not actual shares of common stock and carry no voting rights. Phantom Stock Units are payable only in cash after termination of service as a director.

	/s/ Brock Denton as Attorney-in-Fact for Ronald W. Tysoe	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cintas (CTAS) director Ronald W. Tysoe report?

Ronald W. Tysoe reported acquiring 99.760 Phantom Stock Units as a routine compensation event. These units were received by deferring part of his director cash retainer under Cintas’ Directors' Deferred Compensation Plan, rather than through an open-market stock purchase.

What are Phantom Stock Units in the Cintas (CTAS) Form 4 filing?

Phantom Stock Units are book-keeping units whose value equals one share of Cintas common stock. They are not actual shares, have no voting rights, and are payable only in cash after the director’s service ends, according to the deferred compensation plan.

How many Phantom Stock Units does the Cintas (CTAS) director hold after this transaction?

After the reported transaction, Ronald W. Tysoe holds 38,838.700 Phantom Stock Units. This figure reflects his cumulative deferred compensation balance, including this 99.760-unit grant and prior units credited, such as dividend equivalents under the directors’ deferred compensation program.

Was the Cintas (CTAS) director’s Phantom Stock Unit transaction a market buy or sell?

The transaction was not a market buy or sell of Cintas shares. It was a grant of 99.760 Phantom Stock Units received by electing to defer part of the director’s cash retainer fees into the company’s deferred compensation plan instead of taking cash.

When will the Cintas (CTAS) Phantom Stock Units reported by the director be paid?

The Phantom Stock Units will be paid only in cash after the director’s service ends. They track the value of Cintas common stock during his service but do not convert into actual shares and carry no shareholder voting rights before payment.