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CTAS Form 4: Director awarded 503 shares and 1,694 options

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cintas Corporation (CTAS) filed a Form 4 for director Karen L. Carnahan. On 10/29/2025, she received 503 restricted shares at $0 under the company’s 2016 Amended and Restated Equity and Incentive Compensation Plan. These restricted shares cliff vest on the first anniversary of the grant date.

She was also granted stock options to purchase 1,694 shares at an exercise price of $183.90, expiring on 10/29/2035; the option cliff vests on the first anniversary of the grant date. Following these transactions, she beneficially owns 25,256 shares directly.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grants; neutral governance event.

Cintas reported standard annual equity awards to a director: 503 restricted shares at $0 and options for 1,694 shares at an exercise price of $183.90, both granted on 10/29/2025 under the 2016 plan. The restricted shares and options each cliff vest after one year, aligning director incentives with shareholders.

The filing lists a post‑transaction direct holding of 25,256 shares. As a non-cash grant with typical vesting, the immediate financial impact is limited and depends on future vesting and any option exercises.

Key details are the option expiration on 10/29/2035 and the one-year vesting. Actual effects on share count occur upon vesting or exercise, subject to plan terms.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
CARNAHAN KAREN L

(Last) (First) (Middle)
P.O. BOX 625737

(Street)
CINCINNATI OH 45262

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/29/2025
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 10/29/2025 A 503(1) A $0 25,256 D
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) $183.9 10/29/2025 A 1,694 (2) 10/29/2035 Common Stock 1,694 $0 1,694 D
Explanation of Responses:
1. Restricted shares granted pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. These shares cliff vest on the first anniversary of the grant date.
2. Options granted pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. The option cliff vests on the first anniversary of the grant date.
/s/ F. Mark Reuter as Attorney-in-Fact for Karen L. Carnahan 10/31/2025
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CTAS report on this Form 4 for director Karen L. Carnahan?

The director received 503 restricted shares at $0 and stock options for 1,694 shares at an exercise price of $183.90 on 10/29/2025.

When do the CTAS director’s awards vest?

Both the restricted shares and options cliff vest on the first anniversary of the 10/29/2025 grant date.

What is the exercise price and expiration for the CTAS options?

The stock options have an exercise price of $183.90 and expire on 10/29/2035.

How many CTAS shares does the director own after these grants?

Following the reported transactions, the director beneficially owns 25,256 shares directly.

Under what plan were the CTAS equity awards granted?

The awards were granted under Cintas Corporation’s 2016 Amended and Restated Equity and Incentive Compensation Plan.
Cintas Corp

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75.73B
341.92M
15.11%
67.41%
1.8%
Specialty Business Services
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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United States
CINCINNATI