CTAS Form 4: Scott Garula Receives 4,448 Restricted Shares and 17,755 Options

Rhea-AI Filing Summary

Scott Garula, VP & CFO of Cintas Corporation (CTAS), received equity awards on 08/11/2025. The filing shows 4,448 restricted common shares were granted under Cintas's Equity Compensation Plan and 17,755 stock options were awarded with an exercise price of $223.88. Following the transactions, the report shows 98,007 common shares beneficially owned (direct) and 17,755 derivative securities (options) beneficially owned (direct). The options expire on 08/11/2035 and vest in three equal tranches: one-third on the third, fourth, and fifth anniversaries of the grant date. The filing also reports 19 shares held indirectly through a 401(k) plan.

Positive

• 4,448 restricted shares granted to Scott Garula under the Cintas Equity Compensation Plan
• 17,755 stock options granted with an exercise price of $223.88 and expiration on 08/11/2035
• Vesting schedule disclosed: options vest one-third on the third, fourth, and fifth anniversaries of the grant date
• Post-transaction holdings reported: 98,007 common shares (direct) and 17,755 options (direct)

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine executive compensation grants; material to insider holdings but likely neutral for valuation absent other changes.

The Form 4 documents time-based equity compensation: 4,448 restricted shares and 17,755 options at a $223.88 exercise price. Post-transaction direct common holdings are reported as 98,007 shares and 17,755 options. These awards are standard long-term incentive instruments that increase the executive's stake but will only be dilutive if exercised; the option term through 08/11/2035 provides a long exercise window.

Corporate Governance Expert

TL;DR: Standard vesting schedule ties pay to multi-year service; disclosure is clear on vesting and expiry but does not indicate performance conditions.

The option vesting is explicitly time-based: one-third at years three, four and five, which aligns payout to continued service rather than short-term performance. The filing specifies expiration date and exercise price, and notes the restricted shares are granted under the companys equity plan. No performance-based vesting or special acceleration is disclosed in the form.

SEC Form 4

FORM 4

UNITED 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

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X

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^*

Garula Scott

(Last) (First) (Middle)

6800 CINTAS BLVD

(Street)

CINCINNATI OH 45040

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CINTAS CORP [ CTAS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/11/2025		A		4,448(1)	A	$223.88	98,007	D
Common Stock								19	I	By 401(k) plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$223.88	08/11/2025		A		17,755		(2)	08/11/2035	Common Stock	17,755	$0	17,755	D

Explanation of Responses:

1. Restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan.

2. The option vests as follows: one-third on the third anniversary of the grant date, one-third on the fourth anniversary of the grant date, and one-third on the fifth anniversary of the grant date.

	/s/ Allison A. Westfall as Attorney-in-Fact for Scott Garula	08/13/2025
	** Signature of Reporting Person	Date
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.
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FAQ

Who filed the Form 4 for CTAS?

Scott Garula, identified as VP & CFO of Cintas Corporation, is the reporting person on the Form 4.

What securities did Scott Garula acquire on 08/11/2025?

The form reports 4,448 restricted common shares and 17,755 stock options granted on 08/11/2025.

What is the exercise price and term of the options in the CTAS filing?

The stock options have an exercise price of $223.88 and an expiration date of 08/11/2035.

How do the options vest according to the filing?

The options vest in three equal tranches: one-third on the third, one-third on the fourth, and one-third on the fifth anniversary of the grant date.

What are Garulas beneficial holdings after the reported transactions?

The filing reports 98,007 common shares beneficially owned (direct) and 17,755 derivative securities (options) beneficially owned (direct).

Are there any indirect holdings disclosed?

Yes, the form discloses 19 shares held indirectly through a 401(k) plan.