Cintas Corporation (CTAS) director discloses phantom stock unit deferrals

Q: What insider activity did Cintas (CTAS) disclose in this Form 4?

The filing shows that director Ronald W. Tysoe acquired phantom stock units over many dates by electing to defer portions of his cash retainer fees, plus dividend equivalents, into the Directors' Deferred Compensation Plan.

Q: Who is the reporting person in the Cintas (CTAS) Form 4 and what is their role?

The reporting person is Ronald W. Tysoe , who is identified as a director of Cintas Corporation.

Q: What are Cintas phantom stock units and how are they settled?

Phantom stock units each have a value equal to one share of Cintas common stock but are not actual shares , carry no voting rights , and are payable only in cash after the director's service ends.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Cintas Corporation director Ronald W. Tysoe reported multiple acquisitions of phantom stock units under the company's Directors' Deferred Compensation Plan. These transactions reflect elections to defer portions of his cash retainer fees, plus dividend equivalents, into units whose value equals one share of Cintas common stock.

The phantom stock units are not actual shares, carry no voting rights, and are payable only in cash after his service as a director ends. Following the reported transactions, he beneficially owned 37,447.29 phantom stock units. Cintas completed a four-for-one stock split on September 4, 2024, and all share amounts and prices in this report have been adjusted for that split.

This report is the fourth of five filings made on December 17, 2025 to cover a total of 134 individual deferred-compensation transactions, reflecting the SEC EDGAR system limit of 30 transactions per Form 4.

Insider Trade Summary

30 transactions reported

Mixed 30 txns

Insider TYSOE RONALD W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	93.94	$94.43	$9K
Grant/Award	Phantom Stock Units	93.7	$94.44	$9K
Grant/Award	Phantom Stock Units	80.47	$109.73	$9K
Grant/Award	Phantom Stock Units	90.48	$97.35	$9K
Grant/Award	Phantom Stock Units	77.52	$89.52	$7K
Grant/Award	Phantom Stock Units	80.88	$85.61	$7K
Grant/Award	Phantom Stock Units	376.34	$85.23	$32K
Grant/Award	Phantom Stock Units	353.84	$65.22	$23K
Grant/Award	Phantom Stock Units	409.39	$44.81	$18K
Grant/Award	Phantom Stock Units	392.51	$36.53	$14K
Grant/Award	Phantom Stock Units	451	$25.77	$12K
Grant/Award	Phantom Stock Units	399.16	$22.72	$9K
Grant/Award	Phantom Stock Units	807.86	$17.75	$14K
Grant/Award	Phantom Stock Units	491.78	$17.79	$9K
Grant/Award	Phantom Stock Units	134.69	$17.26	$2K
Grant/Award	Phantom Stock Units	21.07	$16.61	$349.97
Grant/Award	Phantom Stock Units	508.56	$15.78	$8K
Grant/Award	Phantom Stock Units	114.85	$15.89	$2K
Grant/Award	Phantom Stock Units	22.14	$15.81	$350.03
Grant/Award	Phantom Stock Units	506.92	$14.45	$7K
Grant/Award	Phantom Stock Units	127.2	$14.35	$2K
Grant/Award	Phantom Stock Units	23.49	$14.90	$350.00
Grant/Award	Phantom Stock Units	53.04	$14.85	$787.64
Grant/Award	Phantom Stock Units	544.16	$14.75	$8K
Grant/Award	Phantom Stock Units	124.83	$14.62	$2K
Grant/Award	Phantom Stock Units	24.79	$14.12	$350.03
Grant/Award	Phantom Stock Units	440.77	$13.37	$6K
Grant/Award	Phantom Stock Units	58.43	$13.48	$787.64
Grant/Award	Phantom Stock Units	548.79	$13.35	$7K
Grant/Award	Phantom Stock Units	136.83	$13.34	$2K

Holdings After Transaction: Phantom Stock Units — 37,447.29 shares (Direct)

Footnotes (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. On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and stock prices have been adjusted to give effect to this stock split.

Form 4 Insider Transactions: What Each Field Means →

12/17/2025 - 08:10 PM

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^*

TYSOE RONALD W

(Last)

(First)

(Middle)

P.O. BOX 625737

(Street)

CINCINNATI

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)
10/21/2013

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾⁽²⁾	10/21/2013		A		136.83		⁽¹⁾	⁽¹⁾	Common Stock	136.83	$13.34	29,994.69	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/22/2013		A		548.79		⁽¹⁾	⁽¹⁾	Common Stock	548.79	$13.35	30,543.58	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/25/2013		A		58.43		⁽¹⁾	⁽¹⁾	Common Stock	58.43	$13.48	30,601.91	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/08/2013		A		440.77		⁽¹⁾	⁽¹⁾	Common Stock	440.77	$13.37	31,042.68	D
Phantom Stock Units	⁽¹⁾⁽²⁾	12/19/2013		A		24.79		⁽¹⁾	⁽¹⁾	Common Stock	24.79	$14.12	31,067.47	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/13/2014		A		124.83		⁽¹⁾	⁽¹⁾	Common Stock	124.83	$14.62	31,192.3	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/14/2014		A		544.16		⁽¹⁾	⁽¹⁾	Common Stock	544.16	$14.75	31,736.46	D
Phantom Stock Units	⁽¹⁾⁽²⁾	03/14/2014		A		53.04		⁽¹⁾	⁽¹⁾	Common Stock	53.04	$14.85	31,789.5	D
Phantom Stock Units	⁽¹⁾⁽²⁾	03/19/2014		A		23.49		⁽¹⁾	⁽¹⁾	Common Stock	23.49	$14.9	31,812.99	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/21/2014		A		127.2		⁽¹⁾	⁽¹⁾	Common Stock	127.2	$14.35	31,940.19	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/22/2014		A		506.92		⁽¹⁾	⁽¹⁾	Common Stock	506.92	$14.45	32,447.11	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/14/2014		A		22.14		⁽¹⁾	⁽¹⁾	Common Stock	22.14	$15.81	32,469.25	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/28/2014		A		114.85		⁽¹⁾	⁽¹⁾	Common Stock	114.85	$15.89	32,584.1	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/29/2014		A		508.56		⁽¹⁾	⁽¹⁾	Common Stock	508.56	$15.78	33,092.66	D
Phantom Stock Units	⁽¹⁾⁽²⁾	09/23/2014		A		21.07		⁽¹⁾	⁽¹⁾	Common Stock	21.07	$16.61	33,113.73	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/20/2014		A		134.69		⁽¹⁾	⁽¹⁾	Common Stock	134.69	$17.26	33,248.42	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/21/2014		A		491.78		⁽¹⁾	⁽¹⁾	Common Stock	491.78	$17.79	33,740.2	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/07/2014		A		807.86		⁽¹⁾	⁽¹⁾	Common Stock	807.86	$17.75	34,548.06	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/06/2015		A		399.16		⁽¹⁾	⁽¹⁾	Common Stock	399.16	$22.72	34,947.22	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/04/2016		A		451		⁽¹⁾	⁽¹⁾	Common Stock	451	$25.77	35,398.21	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/10/2017		A		392.51		⁽¹⁾	⁽¹⁾	Common Stock	392.51	$36.53	35,790.72	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/09/2018		A		409.39		⁽¹⁾	⁽¹⁾	Common Stock	409.39	$44.81	36,200.11	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/08/2019		A		353.84		⁽¹⁾	⁽¹⁾	Common Stock	353.84	$65.22	36,553.95	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/06/2020		A		376.34		⁽¹⁾	⁽¹⁾	Common Stock	376.34	$85.23	36,930.29	D
Phantom Stock Units	⁽¹⁾⁽²⁾	02/15/2021		A		80.88		⁽¹⁾	⁽¹⁾	Common Stock	80.88	$85.61	37,011.17	D
Phantom Stock Units	⁽¹⁾⁽²⁾	05/15/2021		A		77.52		⁽¹⁾	⁽¹⁾	Common Stock	77.52	$89.52	37,088.69	D
Phantom Stock Units	⁽¹⁾⁽²⁾	08/13/2021		A		90.48		⁽¹⁾	⁽¹⁾	Common Stock	90.48	$97.35	37,179.17	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/15/2021		A		80.47		⁽¹⁾	⁽¹⁾	Common Stock	80.47	$109.73	37,259.65	D
Phantom Stock Units	⁽¹⁾⁽²⁾	02/15/2022		A		93.7		⁽¹⁾	⁽¹⁾	Common Stock	93.7	$94.44	37,353.35	D
Phantom Stock Units	⁽¹⁾⁽²⁾	05/16/2022		A		93.94		⁽¹⁾	⁽¹⁾	Common Stock	93.94	$94.43	37,447.29	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.

2. On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and stock prices have been adjusted to give effect to this stock split.

Remarks:

This Form 4 is the fourth of five Form 4s filed by the Reporting Person on the same date, December 17, 2025. The Form 4 has been split into five filings to cover all 134 individual transactions because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions.

	/s/ Ronald W. Tysoe	12/17/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Cintas (CTAS) disclose in this Form 4?

The filing shows that director Ronald W. Tysoe acquired phantom stock units over many dates by electing to defer portions of his cash retainer fees, plus dividend equivalents, into the Directors' Deferred Compensation Plan.

Who is the reporting person in the Cintas (CTAS) Form 4 and what is their role?

The reporting person is Ronald W. Tysoe, who is identified as a director of Cintas Corporation.

How many Cintas phantom stock units does the director beneficially own after these transactions?

After the reported transactions, the director beneficially owned 37,447.29 phantom stock units.

What are Cintas phantom stock units and how are they settled?

Phantom stock units each have a value equal to one share of Cintas common stock but are not actual shares, carry no voting rights, and are payable only in cash after the director's service ends.

How did Cintas' four-for-one stock split affect the amounts in this Form 4?

Cintas completed a four-for-one stock split on September 4, 2024, and all share amounts and stock prices in the report have been adjusted to reflect this split.

Why were multiple Form 4 filings needed for the Cintas director's transactions?

This report is the fourth of five filings made on December 17, 2025 to cover 134 individual transactions, because the SEC's EDGAR system limits a single Form 4 to a maximum of 30 transactions.