Cintas director Coletti receives 459-share stock grant
The restricted-share and option awards cliff vest on the first anniversary of their October 28, 2026 grant date.
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Rhea-AI Filing Summary
Cintas Corp (CTAS) director Robert E. Coletti received a grant of 459 restricted shares and options covering 1,648 shares on October 28, 2026. Both cliff vest on the first anniversary of the grant date; the options have a $212.81 exercise price and expire October 28, 2036. Coletti's direct common-stock holdings following the restricted-share grant were 27,203 shares.
On October 27, 2026, he deferred part of his cash retainer into 116.38 Phantom Stock Units, with dividend equivalents credited; his reported balance was 11,509.23 units. Each unit equals one common share in value, is not an actual share, carries no voting rights, and is payable only in cash after termination of service as a director. Trusts for Coletti and his family held 345,600 shares; he disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F4 | 1,648 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 459 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock Units F3 | 116.38 | $214.80 | $25K |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. Owned by trusts for the benefit of Mr. Coletti and his family. The Reporting Person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
- F3. 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.
- F4. 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.
Key Figures
Key Terms
Phantom Stock Units financial
cliff vest financial
dividend equivalents financial
pecuniary interest financial
Directors' Deferred Compensation Plan financial
FAQ
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What awards did CTAS director Robert E. Coletti receive?
What were Robert E. Coletti's CTAS holdings after the reported awards?
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