Cintas director exercises options, sells 4,363 shares
Ronald W. Tysoe, a director of Cintas Corporation, exercised stock options for 5,048 shares of common stock at an exercise price of $27.10 per share.
Rhea-AI Filing Summary
Ronald W. Tysoe, a director of Cintas Corporation, exercised stock options for 5,048 shares of common stock at an exercise price of $27.10 per share. The options, granted under the 2016 Equity Compensation Plan, were fully exercised and the derivative position was eliminated.
Of the acquired shares, 685 were withheld to satisfy the exercise price or related tax obligations at $199.90 per share and 4,363 shares were sold at a weighted average price of $199.90, with individual sale prices ranging from $199.895 to $199.94. All share and price figures reflect a four-for-one stock split completed on September 4, 2024.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F2 | 5,048 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 5,048 | $27.10 | $137K |
| Exercise Price or Tax Liability | Common Stock | 685 | $199.90 | $137K |
| Sale | Common Stock F3 | 4,363 | $199.90 | $872K |
Footnotes (3)
- F1. 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.
- F2. Represents Stock Options granted pursuant to Cintas Corporation's 2016 Equity Compensation Plan.
- F3. The reported price is a weighted average price. These shares were sold in multiple transactions ranging from $199.895 to $199.94. The Reporting Person undertakes to provide full pricing information to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission upon request.
Key Figures
Key Terms
Stock Option (right to buy) financial
Equity Compensation Plan financial
weighted average price financial
stock split financial
tax liability financial
FAQ
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What insider transactions did Cintas (CTAS) director Ronald W. Tysoe report?
At what prices did the reported Cintas (CTAS) insider transactions occur?
What stock split is referenced in the Cintas (CTAS) insider report?
Were the Cintas (CTAS) insider transactions marked as under a Rule 10b5-1 plan?
What type of equity awards did the Cintas (CTAS) director exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.