Cintas (CTAS) CEO reports 57,944-share grant and tax withholding transfer
Rhea-AI Filing Summary
Cintas Corp CEO and Director Todd M. Schneider reported equity-related transactions in company Common Stock on 2026-08-10. He received a grant of 57,944 restricted shares at $202.71 per share under the Cintas Corporation Equity Compensation Plan. On the same date, 35,599 shares from previously granted restricted stock were transferred to satisfy tax withholding obligations. In addition, he reports indirect ownership of 3,466 shares held by a 401(k) Plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 22,345 shares
Net Buy
3 txns
Insider
Schneider Todd M.
Role
CEO and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 57,944 | $202.71 | $11.75M |
| Tax Withholding | Common Stock F2 | 35,599 | $202.71 | $7.22M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 691,407 shares (Direct);
Common Stock — 3,466 shares (Indirect, By 401(k) Plan)
Footnotes (2)
- F1. Restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan.
- F2. Restrictions on restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan previously reported on Form 4 have lapsed. The Reporting Person transferred 35,599 of these shares to satisfy tax withholding.
Key Figures
Restricted share grant: 57,944 shares
Grant price per share: $202.71
Shares for tax withholding: 35,599 shares
+1 more
4 metrics
Restricted share grant
57,944 shares
Restricted shares of Common Stock granted on 2026-08-10
Grant price per share
$202.71
Price per share for the 57,944-share restricted stock grant
Shares for tax withholding
35,599 shares
Shares transferred from previously granted restricted stock to satisfy tax withholding
Indirect 401(k) holdings
3,466 shares
Shares of Common Stock held indirectly by 401(k) Plan after reported transactions
Key Terms
Restricted shares, Equity Compensation Plan, tax withholding, 401(k) Plan
4 terms
Equity Compensation Plan financial
"Restricted shares granted pursuant to Cintas Corporation 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.
tax withholding financial
"transferred 35,599 of these shares to satisfy tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
401(k) Plan financial
"Indirect ownership nature described as By 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What equity award did Cintas (CTAS) CEO Todd Schneider receive?
Todd M. Schneider received a grant of 57,944 restricted shares of Cintas Common Stock at $202.71 per share under the Cintas Corporation Equity Compensation Plan, as reported for the transaction date 2026-08-10.
Was the Cintas (CTAS) CEO’s Form 4 filed under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as true for these transactions, and the footnotes describe a restricted share grant and tax withholding transfer without referencing a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
