Cintas (CTAS) director sells 4,666 shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,666 shares ($834,607)
Net Sell
4 txns
Insider
TYSOE RONALD W
Role
null
Sold
4,666 shs ($835K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,500 | $0.00 | -- |
| Exercise | Common Stock | 5,500 | $27.10 | $149K |
| Tax Withholding | Common Stock | 834 | $178.83 | $149K |
| Sale | Common Stock | 4,666 | $178.87 | $835K |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,048 shares (Direct, null);
Common Stock — 27,948 shares (Direct, null)
Footnotes (1)
- 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. 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. 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
Open-market sale: 4,666 shares at ~$178.87/share
Options exercised: 5,500 shares at $27.10/share
Tax withholding shares: 834 shares
+2 more
5 metrics
Open-market sale
4,666 shares at ~$178.87/share
Common Stock sold on April 20, 2026
Options exercised
5,500 shares at $27.10/share
Stock options exercised on April 20, 2026
Tax withholding shares
834 shares
Shares delivered to satisfy tax liability
Shares owned after transactions
22,448 shares
Direct Cintas common stock ownership post-transaction
Stock split ratio
Four-for-one split
Completed on September 4, 2024; figures split-adjusted
Key Terms
open-market sale, tax-withholding disposition, derivative exercise/conversion, Stock Option (Right to Buy), +2 more
6 terms
open-market sale financial
"transaction_action":"open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action":"tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action":"derivative exercise/conversion""
Stock Option (Right to Buy) financial
"security_title":"Stock Option (Right to Buy)""
four-for-one stock split financial
"completed a four-for-one stock split of its common stock"
2016 Equity Compensation Plan financial
"Option granted pursuant to Cintas Corporation's 2016 Equity Compensation Plan"
FAQ
What insider transactions did Cintas (CTAS) director Ronald W. Tysoe report?
Ronald W. Tysoe reported exercising options for 5,500 Cintas shares, a tax-withholding disposition of 834 shares, and an open-market sale of 4,666 shares. These combined transactions adjusted his equity exposure while retaining a sizable direct ownership stake in Cintas Corporation common stock.
What stock options did the Cintas (CTAS) director exercise in this Form 4?
He exercised stock options covering 5,500 Cintas common shares at an exercise price of $27.10 per share. These options were granted under Cintas Corporation’s 2016 Equity Compensation Plan and were fully vested by the first anniversary of their original grant date, according to the disclosure.
Was any part of the Cintas (CTAS) Form 4 transaction for tax withholding?
Yes. The filing shows a tax-withholding disposition of 834 Cintas shares, coded as an F transaction. This indicates shares were delivered to satisfy tax obligations related to the option exercise, rather than representing an additional open-market sale by the reporting director.
How did Cintas’ four-for-one stock split affect the Form 4 figures for CTAS?
A footnote explains that Cintas completed a four-for-one stock split of its common stock on September 4, 2024. All share counts and exercise prices in the reported transactions are adjusted to reflect this split, ensuring the disclosed numbers match the current split-adjusted capital structure.