Cintas grants Karen L. Carnahan 1,648 stock options

On October 28, 2026, Cintas Corporation director Karen L. Carnahan was granted 1,648 stock options, exercisable at $212.81 per share, and 459 restricted shares; both awards cliff vest on the first anniversary of the grant date.

Rhea-AI Filing Summary

On October 28, 2026, Cintas Corporation director Karen L. Carnahan was granted 1,648 stock options, exercisable at $212.81 per share, and 459 restricted shares; both awards cliff vest on the first anniversary of the grant date. The options expire October 28, 2036. On October 27, 2026, she elected to defer part of her cash retainer into 133.85 Phantom Stock Units, bringing her reported unit balance to 6,967.48. These units are not actual common shares, carry no voting rights, and are payable only in cash after termination of service as a director. Her reported direct common-stock holdings following the restricted-share grant were 25,715 shares.

Insider Trade Summary

Grant/Award: 2,240.85 shares

Grant/Award 3 txns

Insider CARNAHAN KAREN L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy) F3	1,648	$0.00	$0.00
Grant/Award	Common Stock F1	459	$0.00	$0.00
Grant/Award	Phantom Stock Units F2	133.85	$214.80	$29K

Holdings After Transaction: Phantom Stock Units — 6,967.48 contracts (Direct); Stock Option (Right to Buy) — 1,648 contracts (Direct); Common Stock — 25,715 shares (Direct)

Footnotes (3)

1. F1. Restricted shares granted pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. These shares cliff vest on the first anniversary of the grant date.
2. F2. 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.
3. F3. Options granted pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. The option cliff vests on the first anniversary of the grant date.

Key Figures

Stock options granted: 1,648 options Option exercise price: $212.81 per share Restricted shares granted: 459 shares +4 more

7 metrics

Stock options granted 1,648 options Granted October 28, 2026

Option exercise price $212.81 per share Options granted October 28, 2026

Restricted shares granted 459 shares Granted October 28, 2026

Direct common-stock holdings after transaction 25,715 shares Reported after the October 28, 2026 restricted-share grant

Phantom Stock Units acquired 133.85 units October 27, 2026

Phantom Stock Units after transaction 6,967.48 units Reported after the October 27, 2026 transaction

Option expiration October 28, 2036 Expiration date for the options granted October 28, 2026

Key Terms

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

4 terms

Phantom Stock Units financial

"Phantom Stock Units are payable only in cash"

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.

cliff vests financial

"These shares cliff vest on the first anniversary of the grant date"

Directors' Deferred Compensation Plan financial

"pursuant to the Directors' Deferred Compensation Plan"

dividend equivalents financial

"including dividend equivalents that have been credited"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What awards did CTAS director Karen L. Carnahan receive?

On October 28, 2026, Karen L. Carnahan was granted 1,648 stock options with a $212.81 per-share exercise price and 459 restricted shares. On October 27, 2026, she elected to defer part of her cash retainer into 133.85 Phantom Stock Units under the Directors' Deferred Compensation Plan.

Are CTAS Phantom Stock Units actual shares?

No. The Phantom Stock Units are not actual shares of Cintas common stock and carry no voting rights. They are payable only in cash after termination of service as a director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/29/2026 - 05:47 PM EDT Accepted by SEC EDGAR 10/29/2026 - 05:47 PM EDT Learn about SEC filing dates

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^*

CARNAHAN KAREN L

(Last) (First) (Middle)

P.O. BOX 625737

6800 CINTAS BOULEVARD

(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)
10/27/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/28/2026		A		459(1)	A	$0	25,715	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
Phantom Stock Units	(2)	10/27/2026		A		133.85		(2)	(2)	Common Stock	133.85	$214.8	6,967.48	D
Stock Option (Right to Buy)	$212.81	10/28/2026		A		1,648		(3)	10/28/2036	Common Stock	1,648	$0	1,648	D

Explanation of Responses:

1. Restricted shares granted pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. These shares cliff vest on the first anniversary of the grant date.

2. 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.

3. Options granted pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. The option cliff vests on the first anniversary of the grant date.

	/s/ Brock Denton as Attorney-in-Fact for Karen L. Carnahan	10/29/2026
	** 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)