Cintas director adds 11.78 phantom stock units
Cintas Corp director Melanie W. Barstad reported an acquisition of 11.780 Phantom Stock Units on June 15, 2026.
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Rhea-AI Filing Summary
Cintas Corp director Melanie W. Barstad reported an acquisition of 11.780 Phantom Stock Units on June 15, 2026. These units were granted as a deferral of a portion of her cash retainer fees under the company’s Directors' Deferred Compensation Plan.
Each Phantom Stock Unit has a value equal to one share of Cintas common stock but is not an actual share, carries no voting rights, and is payable only in cash after her termination of service as a director. Following this grant, her balance in Phantom Stock Units increased to 4,586.120 units, all held as a direct derivative interest tied to Cintas common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 11.78 | $174.74 | $2K |
Footnotes (1)
- F1. Reporting Person elected to defer a portion of the Reporting Person's cash retainer fees into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan (including dividend equivalents that have been credited as additional Phantom Stock Units), each unit having a value equal to one share of Cintas Corporation common stock but are not actual shares of common stock and carry no voting rights. Phantom Stock Units are payable only in cash after termination of service as a director.
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