Cintas director Barstad acquires 148.4 cash-only units
The reported units mirror Cintas common-stock value but are not shares, carry no voting rights, and are payable in cash after termination of director service.
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Rhea-AI Filing Summary
Cintas Corporation director Melanie W. Barstad acquired 148.4 Phantom Stock Units on October 27, 2026, at a reported transaction price of $214.80 per unit. Her reported balance after the acquisition was 4,895.22 units. The units reflect deferred cash retainer fees under the Directors' Deferred Compensation Plan, including credited dividend equivalents. Each unit has a value equal to one Cintas common share but is not an actual share, carries no voting rights, and is payable only in cash after termination of service as a director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1 | 148.4 | $214.80 | $32K |
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
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How are CTAS Phantom Stock Units settled?
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