STOCK TITAN

Cintas (CTAS) director defers fees into 28.88 phantom stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cintas Corp director Robert E. Coletti reported an acquisition of 28.88 Phantom Stock Units tied to Cintas common stock. These units result from deferring a portion of his cash retainer fees under the Directors' Deferred Compensation Plan and bring his total Phantom Stock Units to 11,246.81.

The units mirror the value of one Cintas share each and include credited dividend equivalents, but they are not actual shares, carry no voting rights, and will be settled only in cash after his service as a director ends.

Positive

  • None.

Negative

  • None.
Insider Coletti Robert E.
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Units 28.88 $174.74 $5K
Holdings After Transaction: Phantom Stock Units — 11,246.81 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Phantom stock units granted 28.88 units Grant on 2026-06-15 for director fee deferral
Unit value $174.74 per unit Value of each Phantom Stock Unit on grant
Total phantom units after transaction 11,246.81 units Director’s Phantom Stock Units balance following grant
Underlying common stock equivalent 28.88 shares Each unit linked to one share of Cintas common stock
Phantom Stock Units financial
"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"
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.
Directors' Deferred Compensation Plan financial
"cash retainer fees into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan"
dividend equivalents financial
"including dividend equivalents that have been credited as additional Phantom Stock Units"
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Coletti Robert E.

(Last)(First)(Middle)
8044 MONTGOMERY RD
SUITE 480

(Street)
CINCINNATI OHIO 45236

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)06/15/2026A28.88 (1) (1)Common Stock28.88$174.7411,246.81D
Explanation of Responses:
1. 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.
/s/ Robert E. Coletti06/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Cintas (CTAS) director Robert E. Coletti report on this Form 4?

Robert E. Coletti reported receiving 28.88 Phantom Stock Units. These units were credited after he chose to defer part of his director cash retainer fees, increasing his total Phantom Stock Units balance to 11,246.81 under Cintas’ Directors' Deferred Compensation Plan.

What are Phantom Stock Units in the Cintas (CTAS) director plan?

Cintas Phantom Stock Units track the value of one share of Cintas common stock. They are bookkeeping entries, not actual shares, and carry no voting rights. Units are payable only in cash to the director after termination of board service, including credited dividend equivalents.

How many Phantom Stock Units does Robert E. Coletti hold after this Cintas (CTAS) transaction?

After this transaction, Robert E. Coletti holds 11,246.81 Phantom Stock Units. This reflects the newly credited 28.88 units from his deferred cash retainer fees, plus previously accumulated units and dividend equivalents under the Directors' Deferred Compensation Plan.

How were the new Cintas (CTAS) Phantom Stock Units for Robert E. Coletti valued?

The 28.88 Phantom Stock Units were valued at $174.74 per unit. Each unit’s value equals one share of Cintas common stock on the grant date, but the award is a cash-settled obligation rather than an actual stock issuance with shareholder voting rights.

When will Cintas (CTAS) director Robert E. Coletti receive payment for his Phantom Stock Units?

Payment for Robert E. Coletti’s Phantom Stock Units will occur only in cash after his termination of service as a director. Until then, the units accrue value and dividend equivalents but remain bookkeeping entries without share ownership or voting power.