Cintas director sells shares after option exercise
Cintas Corporation director Ronald W. Tysoe reported a combination of option exercise, tax withholding and share sale in Cintas common stock.
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Rhea-AI Filing Summary
Cintas Corporation director Ronald W. Tysoe reported a combination of option exercise, tax withholding and share sale in Cintas common stock. He exercised options to acquire 5,500 shares at $27.10 per share, then 834 shares were disposed of to cover tax obligations. He also completed an open-market sale of 4,666 shares at a weighted average price of about $178.87 per share, leaving him with 22,448 Cintas shares held directly afterward. The filing notes that all share amounts and exercise prices reflect Cintas’ four-for-one stock split completed on September 4, 2024.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,500 | $27.10 | $149K |
| Exercise Price or Tax Liability | Common Stock | 834 | $178.83 | $149K |
| Sale | Common Stock | 4,666 | $178.87 | $835K |
Footnotes (3)
- F1. On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and exercise prices have been adjusted to give effect to this stock split.
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $178.82 to $178.97. The Reporting Person undertakes to provide full pricing information to the issuer, any securityholder of the issuer, or the staff of the Securities and Exchange Commission upon request.
- F3. Option granted pursuant to Cintas Corporation's 2016 Equity Compensation Plan. These shares were fully vested as of the first anniversary of the grant date.
Key Figures
Key Terms
open-market sale financial
tax-withholding disposition financial
derivative exercise/conversion financial
Stock Option (Right to Buy) financial
four-for-one stock split financial
2016 Equity Compensation Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Cintas (CTAS) director Ronald W. Tysoe report?
What stock options did the Cintas (CTAS) director exercise in this Form 4?
Was any part of the Cintas (CTAS) Form 4 transaction for tax withholding?
How did Cintas’ four-for-one stock split affect the Form 4 figures for CTAS?
AI-generated analysis. How Rhea-AI works. Not financial advice.