Cintas director granted 101.52 phantom units

CINTAS CORP (CTAS) director Ronald W. Tysoe reported an acquisition of 101.52 Phantom Stock Units on September 15, 2026 as a grant/award under the company’s Directors' Deferred Compensation Plan.

Rhea-AI Filing Summary

CINTAS CORP (CTAS) director Ronald W. Tysoe reported an acquisition of 101.52 Phantom Stock Units on September 15, 2026 as a grant/award under the company’s Directors' Deferred Compensation Plan. Following this award, he holds 38,940.22 Phantom Stock Units directly, each linked in value to one share of common stock but payable only in cash after his board service ends.

Insider Trade Summary

Grant/Award: 101.52 shares

Grant/Award 1 txn

Insider TYSOE RONALD W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units F1	101.52	$198.95	$20K

Holdings After Transaction: Phantom Stock Units — 38,940.22 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: 101.52 units Reference value per Phantom Stock Unit: $198.95 per unit Total Phantom Stock Units after transaction: 38,940.22 units +2 more

5 metrics

Phantom Stock Units acquired 101.52 units Grant/award acquisition on September 15, 2026 under Directors' Deferred Compensation Plan

Reference value per Phantom Stock Unit $198.95 per unit Value per unit reported for the September 15, 2026 Phantom Stock Unit grant

Total Phantom Stock Units after transaction 38,940.22 units Direct holdings of Phantom Stock Units by the director following the reported transaction

Underlying common stock equivalent 101.52 shares Each Phantom Stock Unit has a value equal to one share of Cintas common stock

Rule 10b5-1 plan status No Rule 10b5-1 plan reported Affirmative 10b5-1 checkbox is not selected for this Form 4

Key Terms

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

3 terms

Phantom Stock Units financial

"elected to defer a portion of the ... fees into Phantom Stock Units"

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

"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.

FAQ

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

What transaction did Cintas (CTAS) director Ronald W. Tysoe report on this Form 4?

He reported a grant of 101.52 Phantom Stock Units on September 15, 2026, classified as an acquisition of a derivative security tied in value to Cintas common stock under the Directors' Deferred Compensation Plan.

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

After the September 15, 2026 award, Ronald W. Tysoe holds 38,940.22 Phantom Stock Units directly. Each unit’s value equals one share of Cintas common stock, but the units are not actual shares and have no voting rights.

What are Phantom Stock Units in the context of Cintas (CTAS)?

Phantom Stock Units are cash-settled units whose value equals one share of Cintas common stock. They are not real shares, carry no voting rights, and are payable only in cash after the director’s termination of service, including credited dividend equivalents.

How was this Cintas (CTAS) Phantom Stock Unit grant to the director determined?

The reporting person elected to defer a portion of cash retainer fees into Phantom Stock Units under the Directors' Deferred Compensation Plan. The 101.52 units reported reflect that deferral plus any related dividend equivalents credited as additional units.

Was this CTAS director Phantom Stock Unit transaction under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction. It is described as an election to defer a portion of the director’s cash retainer fees into Phantom Stock Units under the Directors' Deferred Compensation Plan.

Does this Cintas (CTAS) Form 4 involve actual common stock being bought or sold?

No. The transaction involves Phantom Stock Units, which are derivative, cash-settled units. They are not actual shares of Cintas common stock and carry no voting rights; they are payable only in cash after the director’s service ends.

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

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Available on EDGAR 09/17/2026 - 04:57 PM Accepted by SEC EDGAR 09/17/2026 - 04:56 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^*

TYSOE RONALD W

(Last) (First) (Middle)

P.O. BOX 625737

(Street)

CINCINNATI OHIO 45262

(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)
09/15/2026

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)	09/15/2026		A		101.52		(1)	(1)	Common Stock	101.52	$198.95	38,940.22	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 Ronald W. Tysoe	09/17/2026
	** 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)