Cintas director granted 148 phantom stock units

Cintas Corp director Melanie W. Barstad acquired 148.3200 Phantom Stock Units on 2026-07-28 as a grant/award, valued at $214.9000 per unit and tied to Cintas common stock.

Rhea-AI Filing Summary

Cintas Corp director Melanie W. Barstad acquired 148.3200 Phantom Stock Units on 2026-07-28 as a grant/award, valued at $214.9000 per unit and tied to Cintas common stock. The units result from her election to defer a portion of cash retainer fees under the Directors' Deferred Compensation Plan.

Each Phantom Stock Unit reflects the value of one share of Cintas common stock but is not an actual share, carries no voting rights, and is payable only in cash after her service as a director ends. Following this award, she holds a total of 4734.4500 Phantom Stock Units.

Insider Trade Summary

Grant/Award: 148.32 shares

Grant/Award 1 txn

Insider Barstad Melanie W.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units F1	148.32	$214.90	$32K

Holdings After Transaction: Phantom Stock Units — 4,734.45 contracts (Direct)

Footnotes (1)

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.

Key Figures

Phantom Stock Units acquired: 148.3200 units Per-unit value: $214.9000 per unit Total Phantom Stock Units after transaction: 4734.4500 units

3 metrics

Phantom Stock Units acquired 148.3200 units Grant/award acquisition on 2026-07-28 from deferred director cash retainer

Per-unit value $214.9000 per unit Value assigned to each Phantom Stock Unit tied to Cintas common stock

Total Phantom Stock Units after transaction 4734.4500 units Director’s aggregate Phantom Stock Units following the reported award

Key Terms

Phantom Stock Units, Directors' Deferred Compensation Plan, dividend equivalents, voting rights

4 terms

Phantom Stock Units financial

"Reporting Person elected to defer ... into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Directors' Deferred Compensation Plan financial

"defer a portion of the Reporting Person's cash retainer fees into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan"

dividend equivalents financial

"including dividend equivalents that have been credited as additional Phantom Stock Units"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

voting rights financial

"each unit having a value equal to one share ... but are not actual shares of common stock and carry no voting rights"

Voting rights are the ability of shareholders to have a say in important company decisions, like choosing leaders or approving big changes. They matter because they give owners a voice in how the company is run, similar to how voters influence elections, ensuring the company acts in shareholders’ interests.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Melanie W. Barstad report on her Form 4 for Cintas (CTAS)?

Melanie W. Barstad reported the grant of 148.3200 Phantom Stock Units tied to Cintas common stock, received by deferring a portion of her director cash retainer under the Directors' Deferred Compensation Plan.

How many Phantom Stock Units did the Cintas (CTAS) director acquire and at what value?

Melanie W. Barstad acquired 148.3200 Phantom Stock Units, with each unit valued at $214.9000. The units mirror the value of one share of Cintas common stock but are cash-settled rather than actual shares.

What are Phantom Stock Units in the Cintas (CTAS) Form 4 filing?

The Phantom Stock Units are cash-settled units whose value equals one share of Cintas common stock. They are not actual shares, confer no voting rights, and are payable only in cash after the director’s service ends.

How many Phantom Stock Units does the Cintas (CTAS) director hold after this transaction?

After this transaction, Melanie W. Barstad holds 4734.4500 Phantom Stock Units. These units stem from deferred director fees and credited dividend equivalents and remain payable only in cash after her board service concludes.

Was the Cintas (CTAS) Form 4 transaction made under a Rule 10b5-1 trading plan?

The filing indicates the transaction was not made pursuant to a Rule 10b5-1 plan, as the related affirmation checkbox is not selected for this Form 4 reporting the Phantom Stock Unit award.

How were the Phantom Stock Units in the Cintas (CTAS) Form 4 generated?

The Phantom Stock Units were created when the director elected to defer part of her cash retainer fees into units under the Directors' Deferred Compensation Plan, including dividend equivalents credited as additional units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 07/30/2026 - 06:16 PM Accepted by SEC EDGAR 07/30/2026 - 06:15 PM Learn about SEC filing dates

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^*

Barstad Melanie W.

(Last) (First) (Middle)

P.O. BOX 625737

(Street)

MASON OHIO 45040

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Phantom Stock Units	(1)	07/28/2026		A		148.32		(1)	(1)	Common Stock	148.32	$214.9	4,734.45	D

Explanation of Responses:

1. 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.

	/s/ Brock Denton as Attorney-in-Fact for Melanie W. Barstad	07/30/2026
	** 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.
* Form 4: SEC 1474 (03-26)