[Form 4] CINTAS CORP Insider Trading Activity
Rhea-AI Filing Summary
Cintas Corporation director reports deferred compensation in phantom stock units. The filing shows Ronald W. Tysoe, a director of Cintas (CTAS), electing to defer portions of his cash retainer fees into phantom stock units under the Directors' Deferred Compensation Plan across numerous dates from 2008 to 2010.
Each phantom stock unit has a value equal to one share of Cintas common stock but is not an actual share and carries no voting rights. These units are payable only in cash after Mr. Tysoe’s service as a director ends. As of the most recent reported transaction, he beneficially owned 11,482.46 phantom stock units.
Cintas completed a four-for-one stock split of its common stock on September 4, 2024, and all share amounts and prices in this report have been adjusted to reflect that split. The report is the first of five filings made on the same date to cover a total of 134 individual deferred compensation transactions due to EDGAR system limits.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 45.54 | $6.59 | $300.11 |
| Grant/Award | Phantom Stock Units | 40.43 | $7.42 | $299.99 |
| Grant/Award | Phantom Stock Units | 872.99 | $7.30 | $6K |
| Grant/Award | Phantom Stock Units | 81.14 | $7.40 | $600.44 |
| Grant/Award | Phantom Stock Units | 40.84 | $7.35 | $300.17 |
| Grant/Award | Phantom Stock Units | 40.3 | $7.45 | $300.24 |
| Grant/Award | Phantom Stock Units | 1,988.24 | $6.30 | $13K |
| Grant/Award | Phantom Stock Units | 1,133.69 | $6.15 | $7K |
| Grant/Award | Phantom Stock Units | 98.32 | $6.10 | $599.75 |
| Grant/Award | Phantom Stock Units | 54.79 | $5.48 | $300.25 |
| Grant/Award | Phantom Stock Units | 983.8 | $6.48 | $6K |
| Grant/Award | Phantom Stock Units | 91.46 | $6.56 | $599.98 |
| Grant/Award | Phantom Stock Units | 596.35 | $6.71 | $4K |
| Grant/Award | Phantom Stock Units | 46.99 | $6.39 | $300.27 |
| Grant/Award | Phantom Stock Units | 161.1 | $6.13 | $987.54 |
| Grant/Award | Phantom Stock Units | 56.6 | $5.30 | $299.98 |
| Grant/Award | Phantom Stock Units | 182.03 | $5.43 | $988.42 |
| Grant/Award | Phantom Stock Units | 119.46 | $5.76 | $688.09 |
| Grant/Award | Phantom Stock Units | 100.16 | $5.57 | $557.89 |
| Grant/Award | Phantom Stock Units | 1,199.48 | $5.82 | $7K |
| Grant/Award | Phantom Stock Units | 50.72 | $5.92 | $300.26 |
| Grant/Award | Phantom Stock Units | 46.99 | $6.39 | $300.27 |
| Grant/Award | Phantom Stock Units | 1,193.33 | $5.85 | $7K |
| Grant/Award | Phantom Stock Units | 45.68 | $6.57 | $300.12 |
| Grant/Award | Phantom Stock Units | 37.83 | $7.93 | $299.99 |
| Grant/Award | Phantom Stock Units | 968.75 | $7.20 | $7K |
| Grant/Award | Phantom Stock Units | 86.08 | $6.97 | $599.98 |
| Grant/Award | Phantom Stock Units | 47.17 | $6.36 | $300.00 |
| Grant/Award | Phantom Stock Units | 986.91 | $7.07 | $7K |
| Grant/Award | Phantom Stock Units | 85.29 | $7.04 | $600.44 |
Footnotes (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. On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and stock prices have been adjusted to give effect to this stock split.