Cintas Corporation (CTAS) director sells 4,363 shares after option exercise
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
TYSOE RONALD W
Role
Director
Sold
4,363 shs ($872K)
Approx. gross sale proceeds
$872K
Approx. exercise cost
$137K
| 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 |
Holdings After Transaction:
Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 22,448 shares (Direct)
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
Options exercised: 5,048 shares
Exercise price: $27.10 per share
Shares withheld: 685 shares
+3 more
6 metrics
Options exercised
5,048 shares
Stock options for common stock exercised on 2026-07-22
Exercise price
$27.10 per share
Exercise price of stock options under 2016 Equity Compensation Plan
Shares withheld
685 shares
Common shares withheld under code F at $199.90 per share
Shares sold
4,363 shares
Common shares sold at weighted average $199.90 per share on 2026-07-22
Sale price range
$199.895–$199.94 per share
Range of prices for the 4,363 common shares sold
Stock split ratio
4-for-1
Common stock split completed on September 4, 2024
Key Terms
Stock Option (right to buy), Equity Compensation Plan, weighted average price, stock split, +1 more
5 terms
Stock Option (right to buy) financial
"Security title reported as Stock Option (right to buy) exercised"
Equity Compensation Plan financial
"Options granted pursuant to Cintas Corporation's 2016 Equity Compensation Plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
weighted average price financial
"The reported price is a weighted average price for shares sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock split financial
"completed a four-for-one stock split of its common stock"
A stock split increases the number of a company's shares by dividing each existing share into multiple new shares while reducing the price per share by the same proportion, so an investor's total value and ownership percentage stay the same. It matters because lower per-share prices can make trading easier and attract more buyers, similar to breaking a large chocolate bar into smaller pieces to make it easier to share, which can boost liquidity and market interest.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Cintas (CTAS) director Ronald W. Tysoe report?
Ronald W. Tysoe, a director of Cintas (CTAS), exercised stock options for 5,048 common shares at $27.10 per share. He then had 685 shares withheld to satisfy exercise price or tax obligations and sold 4,363 shares at a weighted average price of $199.90.
At what prices did the reported Cintas (CTAS) insider transactions occur?
The stock options were exercised at an exercise price of $27.10 per share. Common shares related to the exercise were withheld or sold at a weighted average price of $199.90, with individual sale prices ranging from $199.895 to $199.94 per share.
What stock split is referenced in the Cintas (CTAS) insider report?
The report notes that on September 4, 2024, Cintas (CTAS) completed a four-for-one stock split of its common stock. All reported share amounts and stock prices in the transactions have been adjusted to reflect the effect of this stock split.
Were the Cintas (CTAS) insider transactions marked as under a Rule 10b5-1 plan?
The Form 4 checkbox indicating that trades were made pursuant to a Rule 10b5-1 trading plan was not marked for these Cintas (CTAS) transactions, meaning the filing does not classify them as executed under such a pre-arranged plan.
What type of equity awards did the Cintas (CTAS) director exercise?
The Cintas (CTAS) director exercised Stock Options (right to buy) for 5,048 underlying common shares. These options were originally granted under Cintas Corporation's 2016 Equity Compensation Plan, and the exercise eliminated the reported derivative position tied to this grant.