Cintas director gets 29.71 phantom stock units
Cintas director Robert E. Coletti increased his deferred Phantom Stock Units balance through a fee deferral award linked to Cintas common stock value.
Rhea-AI Filing Summary
CINTAS CORP (symbol: CTAS) is the issuer of record for a Form 4 filing submitted to the SEC. Coletti Robert E. reported acquisition or exercise transactions in this Form 4 filing.
CINTAS CORP (CTAS) director Robert E. Coletti received a grant of 29.71 Phantom Stock Units on September 15, 2026. The units were credited at a reference value of $198.95 per unit under a Directors' Deferred Compensation Plan and are tied in value to Cintas common stock but are not actual shares.
After this award, Coletti holds a total of 11,392.85 Phantom Stock Units, which are payable only in cash after his termination of service as a director and carry no voting rights.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1 | 29.71 | $198.95 | $6K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Phantom Stock Units financial
Directors' Deferred Compensation Plan financial
dividend equivalents financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did CTAS director Robert E. Coletti report on this Form 4?
How many Phantom Stock Units in total does the CTAS director hold after this transaction?
What are Phantom Stock Units in this CTAS filing?
How were the new Phantom Stock Units for CTAS director Coletti generated?
Does this CTAS Form 4 indicate use of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.