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.
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Form Type
4
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)
- 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.
