STOCK TITAN

Cintas (CTAS) director details phantom stock unit deferred compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Cintas Corporation director Ronald W. Tysoe reported a series of historical equity-related transactions on a Form 4, covering fee deferrals into phantom stock units under the company’s Directors' Deferred Compensation Plan. The table lists multiple acquisitions of phantom stock units between 11/11/2011 and 10/03/2013, all coded as acquisitions and held as direct beneficial ownership. After the final reported transaction, he held 29,857.86 phantom stock units.

These phantom stock units are tied in value to one share of Cintas common stock but are not actual shares and carry no voting rights; they are payable only in cash after the director’s service ends. The company notes that, following a four-for-one stock split completed on September 4, 2024, all share amounts and prices in this report have been adjusted. This filing is identified as the third of five separate submissions made on the same date to cover a total of 134 individual transactions.

Positive

  • None.

Negative

  • None.
Insider TYSOE RONALD W
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 27.79 $12.60 $350.15
Grant/Award Phantom Stock Units 27.51 $12.72 $349.93
Grant/Award Phantom Stock Units 679.51 $11.81 $8K
Grant/Award Phantom Stock Units 155.62 $11.73 $2K
Grant/Award Phantom Stock Units 29.44 $11.89 $350.04
Grant/Award Phantom Stock Units 29.24 $11.97 $350.00
Grant/Award Phantom Stock Units 656.22 $11.16 $7K
Grant/Award Phantom Stock Units 163.06 $11.19 $2K
Grant/Award Phantom Stock Units 31.77 $11.02 $350.11
Grant/Award Phantom Stock Units 30.78 $11.37 $349.97
Grant/Award Phantom Stock Units 864.84 $10.58 $9K
Grant/Award Phantom Stock Units 33.19 $10.55 $350.15
Grant/Award Phantom Stock Units 32.98 $10.61 $349.92
Grant/Award Phantom Stock Units 419.99 $10.16 $4K
Grant/Award Phantom Stock Units 694.81 $10.54 $7K
Grant/Award Phantom Stock Units 173.81 $10.50 $2K
Grant/Award Phantom Stock Units 31.28 $10.55 $330.00
Grant/Award Phantom Stock Units 32.05 $10.30 $330.12
Grant/Award Phantom Stock Units 817.96 $9.38 $8K
Grant/Award Phantom Stock Units 187.38 $9.39 $2K
Grant/Award Phantom Stock Units 33.49 $9.85 $329.88
Grant/Award Phantom Stock Units 715.38 $9.80 $7K
Grant/Award Phantom Stock Units 182.9 $9.62 $2K
Grant/Award Phantom Stock Units 33.61 $9.82 $330.05
Grant/Award Phantom Stock Units 32.78 $10.07 $330.09
Grant/Award Phantom Stock Units 853.05 $9.51 $8K
Grant/Award Phantom Stock Units 70.61 $9.35 $660.20
Grant/Award Phantom Stock Units 36.26 $9.10 $329.97
Grant/Award Phantom Stock Units 43.04 $7.67 $330.12
Grant/Award Phantom Stock Units 410.51 $7.34 $3K
Holdings After Transaction: Phantom Stock Units — 29,857.86 shares (Direct)
Footnotes (1)
  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.
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 OH 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)
11/11/2011
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)
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)(2) 11/11/2011 A 410.51 (1) (1) Common Stock 410.51 $7.34 22,737.5 D
Phantom Stock Units (1)(2) 12/19/2011 A 43.04 (1) (1) Common Stock 43.04 $7.67 22,780.54 D
Phantom Stock Units (1)(2) 01/04/2012 A 36.26 (1) (1) Common Stock 36.26 $9.1 22,816.81 D
Phantom Stock Units (1)(2) 01/09/2012 A 70.61 (1) (1) Common Stock 70.61 $9.35 22,887.41 D
Phantom Stock Units (1)(2) 01/10/2012 A 853.05 (1) (1) Common Stock 853.05 $9.51 23,740.46 D
Phantom Stock Units (1)(2) 03/19/2012 A 32.78 (1) (1) Common Stock 32.78 $10.07 23,773.24 D
Phantom Stock Units (1)(2) 04/03/2012 A 33.61 (1) (1) Common Stock 33.61 $9.82 23,806.85 D
Phantom Stock Units (1)(2) 04/16/2012 A 182.9 (1) (1) Common Stock 182.9 $9.62 23,989.76 D
Phantom Stock Units (1)(2) 04/17/2012 A 715.38 (1) (1) Common Stock 715.38 $9.8 24,705.14 D
Phantom Stock Units (1)(2) 07/16/2012 A 33.49 (1) (1) Common Stock 33.49 $9.85 24,738.63 D
Phantom Stock Units (1)(2) 07/23/2012 A 187.38 (1) (1) Common Stock 187.38 $9.39 24,926.02 D
Phantom Stock Units (1)(2) 07/24/2012 A 817.96 (1) (1) Common Stock 817.96 $9.38 25,743.98 D
Phantom Stock Units (1)(2) 09/20/2012 A 32.05 (1) (1) Common Stock 32.05 $10.3 25,776.03 D
Phantom Stock Units (1)(2) 10/03/2012 A 31.28 (1) (1) Common Stock 31.28 $10.55 25,807.31 D
Phantom Stock Units (1)(2) 10/15/2012 A 173.81 (1) (1) Common Stock 173.81 $10.5 25,981.11 D
Phantom Stock Units (1)(2) 10/16/2012 A 694.81 (1) (1) Common Stock 694.81 $10.54 26,675.92 D
Phantom Stock Units (1)(2) 11/09/2012 A 419.99 (1) (1) Common Stock 419.99 $10.16 27,095.91 D
Phantom Stock Units (1)(2) 12/19/2012 A 32.98 (1) (1) Common Stock 32.98 $10.61 27,128.89 D
Phantom Stock Units (1)(2) 01/03/2013 A 33.19 (1) (1) Common Stock 33.19 $10.55 27,162.08 D
Phantom Stock Units (1)(2) 01/15/2013 A 864.84 (1) (1) Common Stock 864.84 $10.58 28,026.92 D
Phantom Stock Units (1)(2) 03/18/2013 A 30.78 (1) (1) Common Stock 30.78 $11.37 28,057.7 D
Phantom Stock Units (1)(2) 04/02/2013 A 31.77 (1) (1) Common Stock 31.77 $11.02 28,089.48 D
Phantom Stock Units (1)(2) 04/22/2013 A 163.06 (1) (1) Common Stock 163.06 $11.19 28,252.53 D
Phantom Stock Units (1)(2) 04/23/2013 A 656.22 (1) (1) Common Stock 656.22 $11.16 28,908.75 D
Phantom Stock Units (1)(2) 07/15/2013 A 29.24 (1) (1) Common Stock 29.24 $11.97 28,937.99 D
Phantom Stock Units (1)(2) 07/24/2013 A 29.44 (1) (1) Common Stock 29.44 $11.89 28,967.43 D
Phantom Stock Units (1)(2) 07/29/2013 A 155.62 (1) (1) Common Stock 155.62 $11.73 29,123.05 D
Phantom Stock Units (1)(2) 07/30/2013 A 679.51 (1) (1) Common Stock 679.51 $11.81 29,802.56 D
Phantom Stock Units (1)(2) 09/19/2013 A 27.51 (1) (1) Common Stock 27.51 $12.72 29,830.07 D
Phantom Stock Units (1)(2) 10/03/2013 A 27.79 (1) (1) Common Stock 27.79 $12.6 29,857.86 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 third 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.

FAQ

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

The report shows director Ronald W. Tysoe acquiring phantom stock units over multiple dates, all as part of deferred compensation, resulting in 29,857.86 phantom stock units beneficially owned after the last reported transaction.

Over what period were the Cintas (CTAS) phantom stock unit transactions reported?

The transactions in the table span from 11/11/2011 through 10/03/2013, reflecting periodic acquisitions of phantom stock units credited to the director’s deferred compensation account.

What are phantom stock units in the Cintas (CTAS) Directors' Deferred Compensation Plan?

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

How did the September 4, 2024 stock split affect this Cintas (CTAS) Form 4?

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

Is the Cintas (CTAS) director’s ownership reported as direct or indirect?

The table shows the phantom stock units as direct (D) beneficial ownership by the reporting person.