Cintas exec Rozakis reports option awards and multiple stock transactions
Rhea-AI Filing Summary
Jim Rozakis, Executive Vice President & COO of Cintas Corporation (CTAS), reported multiple equity transactions dated 08/11/2025. The filing shows a grant of 6,852 restricted shares under the company’s equity compensation plan and several stock option awards totaling 69,302 options across five strike prices.
The option awards listed include 23,326 options at $223.88 (expiration 08/11/2035), 16,900 at $97.22 (07/27/2031), 13,884 at $99.46 (07/26/2032), 6,920 at $61.99 (05/29/2030) and 8,272 at $73.39 (07/26/2030). The filing also records several dispositions of common stock (amounts reported: 11,545, 9,563, 4,118, 5,158). Post-transaction beneficial ownership figures in the filing range from 259,521 to 280,271 shares, with 2,784 shares held indirectly via a 401(k) plan.
The accompanying disclosure explains the restricted shares were granted under the Equity Compensation Plan and the options vest in thirds on the third, fourth and fifth anniversaries of the grant date.
Positive
- 6,852 restricted shares granted under the Cintas Equity Compensation Plan
- 69,302 stock options awarded across five strike prices, supporting multi-year executive alignment
- Explicit vesting schedule: one-third on the third, fourth and fifth anniversaries
Negative
- Multiple share dispositions reported (11,545; 9,563; 4,118; 5,158) without explanation in the filing
- Post-transaction beneficial ownership varies across reported lines (range 259,521 to 280,271), creating multiple snapshot figures rather than a single consolidated ownership total
Insights
TL;DR: Routine executive equity awards and several share dispositions were reported; no operational or balance-sheet changes disclosed.
The Form 4 discloses compensation-related equity activity for CTAS leadership rather than corporate events. Total option awards equal 69,302 options across five exercise prices, and 6,852 restricted shares were granted. Several share dispositions are reported in discrete amounts. These items affect executive ownership and potential future dilution from option exercise, but the filing contains no information about company performance or material corporate developments.
TL;DR: Grants use multi-year vesting and a 10-year option term for at least one award; the filing documents awards and dispositions without stated rationale.
The awards include standard equity instruments: restricted shares under the Equity Compensation Plan and multiple stock option grants with explicit exercise prices and expiration/ exercisability dates. The vesting schedule—one-third on the third, fourth and fifth anniversaries—ties value realization to multi-year retention. The filing lists specific disposition amounts but provides no explanation for those sales or transfers.