CTAS: Insider Denton Brock Granted 4,569 Shares and 15,552 Options
Denton David Brock, Senior Vice President, Secretary & General Counsel of Cintas Corporation (CTAS), received equity awards on 08/11/2025 under the company Equity Compensation Plan.
Rhea-AI Filing Summary
Denton David Brock, Senior Vice President, Secretary & General Counsel of Cintas Corporation (CTAS), received equity awards on 08/11/2025 under the company Equity Compensation Plan. The award includes 4,569 restricted shares and 15,552 stock options with an exercise/conversion price shown as $223.88 and an expiration date listed as 08/11/2035. The options vest one-third on the third, fourth and fifth anniversaries of the grant date.
After these transactions Mr. Brock beneficially owns 25,857 shares directly, with an additional 766 shares held indirectly via a 401(k) plan. The restricted shares are explicitly described as granted pursuant to the company Equity Compensation Plan and the option vesting schedule is specified in the filing.
Positive
- Grant of 4,569 restricted shares to the reporting officer pursuant to the Equity Compensation Plan
- Grant of 15,552 stock options with an exercise/conversion price of $223.88 and expiration listed as 08/11/2035
- Clear vesting schedule for options: one-third on each of the third, fourth and fifth anniversaries
- Beneficial ownership reported post-transaction: 25,857 shares direct and 766 indirect via a 401(k) plan
Negative
- None.
Insights
TL;DR: Routine executive equity award; increases insider holdings but appears non-dilutive currently.
The filing documents a time-based equity grant to a senior officer: 4,569 restricted shares and 15,552 options at a stated price of $223.88. The options expire on 08/11/2035 and vest in three equal tranches beginning on the third anniversary. Beneficial ownership after the grant is reported as 25,857 shares direct plus 766 indirectly via a 401(k). This is a standard compensation event and, based solely on the disclosed numbers, appears routine and immaterial to capital structure disclosures in this filing.
TL;DR: Standard time-vested equity award reflecting retention-style compensation with clear vesting terms.
The disclosure specifies that restricted shares were granted under the company Equity Compensation Plan and that stock options vest one-third on each of the third through fifth anniversaries. The explicit vesting schedule and the mix of restricted shares and options are consistent with retention and long-term incentive practices. The report also shows direct and indirect holdings (25,857 direct; 766 indirect), and no sales or disposals are reported. Based on the filing alone, governance procedures for equity awards are documented in-line with routine insider reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,552 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,569 | $223.88 | $1.02M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan.
- F2. The options vest as follows: one-third on the third anniversary date of the grant date, one-third on the fourth anniversary of the grant date, and one-third on the fifth anniversary of the grant date.
FAQ
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What equity did CTAS insider Denton Brock receive?
When was the CTAS transaction dated and when do the options expire?
What is the exercise or conversion price of the CTAS options?
What is the vesting schedule for the CTAS options?
What role does the reporting person hold at CTAS?
AI-generated analysis. How Rhea-AI works. Not financial advice.