Cintas (NASDAQ: CTAS) director details phantom stock units after stock split
Rhea-AI Filing Summary
Cintas Corporation director insider report on deferred compensation
A Cintas Corporation director filed a Form 4 reporting multiple acquisitions of phantom stock units tied to the company’s common stock. The director elected to defer portions of cash retainer fees into these phantom stock units under the Directors' Deferred Compensation Plan, with each unit valued like one share of Cintas common stock but providing no actual shares or voting rights. The units are payable only in cash after the director’s service ends.
The transactions span dates such as 01/25/2010 through 10/18/2011, with incremental additions that brought total beneficial ownership to 22,327 phantom stock units. All share amounts and prices have been adjusted to reflect Cintas’ four-for-one stock split completed on September 4, 2024. This filing is described as the second of five submitted on December 17, 2025 to cover 134 individual transactions because the EDGAR system limits each form to 30 transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 958.97 | $7.31 | $7K |
| Grant/Award | Phantom Stock Units | 335.64 | $7.21 | $2K |
| Grant/Award | Phantom Stock Units | 49.11 | $6.72 | $330.02 |
| Grant/Award | Phantom Stock Units | 44.58 | $7.40 | $329.89 |
| Grant/Award | Phantom Stock Units | 913.12 | $8.40 | $8K |
| Grant/Award | Phantom Stock Units | 207.55 | $8.48 | $2K |
| Grant/Award | Phantom Stock Units | 43.36 | $7.61 | $329.97 |
| Grant/Award | Phantom Stock Units | 932.8 | $7.48 | $7K |
| Grant/Award | Phantom Stock Units | 213.05 | $7.51 | $2K |
| Grant/Award | Phantom Stock Units | 39.27 | $7.64 | $300.02 |
| Grant/Award | Phantom Stock Units | 42.74 | $7.02 | $300.03 |
| Grant/Award | Phantom Stock Units | 1,050.94 | $7.02 | $7K |
| Grant/Award | Phantom Stock Units | 85.5 | $7.02 | $600.21 |
| Grant/Award | Phantom Stock Units | 43.37 | $6.92 | $300.12 |
| Grant/Award | Phantom Stock Units | 41.19 | $7.28 | $299.86 |
| Grant/Award | Phantom Stock Units | 306.37 | $6.81 | $2K |
| Grant/Award | Phantom Stock Units | 1,018.25 | $6.85 | $7K |
| Grant/Award | Phantom Stock Units | 228.49 | $7.00 | $2K |
| Grant/Award | Phantom Stock Units | 44.18 | $6.79 | $299.98 |
| Grant/Award | Phantom Stock Units | 42.67 | $7.03 | $299.97 |
| Grant/Award | Phantom Stock Units | 1,061.24 | $6.57 | $7K |
| Grant/Award | Phantom Stock Units | 244 | $6.56 | $2K |
| Grant/Award | Phantom Stock Units | 46.73 | $6.42 | $300.01 |
| Grant/Award | Phantom Stock Units | 1,014.91 | $6.87 | $7K |
| Grant/Award | Phantom Stock Units | 225.43 | $7.10 | $2K |
| Grant/Award | Phantom Stock Units | 42.64 | $7.04 | $300.19 |
| Grant/Award | Phantom Stock Units | 43.62 | $6.88 | $300.11 |
| Grant/Award | Phantom Stock Units | 250.54 | $6.11 | $2K |
| Grant/Award | Phantom Stock Units | 1,179.06 | $6.26 | $7K |
| Grant/Award | Phantom Stock Units | 95.2 | $6.30 | $599.76 |
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.