STOCK TITAN

Cintas (NASDAQ: CTAS) director details phantom stock units after stock split

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

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

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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)
01/25/2010
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) 01/25/2010 A 95.2 (1) (1) Common Stock 95.2 $6.3 11,577.66 D
Phantom Stock Units (1)(2) 01/26/2010 A 1,179.06 (1) (1) Common Stock 1,179.06 $6.26 12,756.72 D
Phantom Stock Units (1)(2) 02/10/2010 A 250.54 (1) (1) Common Stock 250.54 $6.11 13,007.26 D
Phantom Stock Units (1)(2) 03/17/2010 A 43.62 (1) (1) Common Stock 43.62 $6.88 13,050.88 D
Phantom Stock Units (1)(2) 04/05/2010 A 42.64 (1) (1) Common Stock 42.64 $7.04 13,093.52 D
Phantom Stock Units (1)(2) 04/26/2010 A 225.43 (1) (1) Common Stock 225.43 $7.1 13,318.95 D
Phantom Stock Units (1)(2) 04/27/2010 A 1,014.91 (1) (1) Common Stock 1,014.91 $6.87 14,333.87 D
Phantom Stock Units (1)(2) 07/19/2010 A 46.73 (1) (1) Common Stock 46.73 $6.42 14,380.6 D
Phantom Stock Units (1)(2) 07/26/2010 A 244 (1) (1) Common Stock 244 $6.56 14,624.59 D
Phantom Stock Units (1)(2) 07/27/2010 A 1,061.24 (1) (1) Common Stock 1,061.24 $6.57 15,685.83 D
Phantom Stock Units (1)(2) 09/20/2010 A 42.67 (1) (1) Common Stock 42.67 $7.03 15,728.51 D
Phantom Stock Units (1)(2) 10/04/2010 A 44.18 (1) (1) Common Stock 44.18 $6.79 15,772.69 D
Phantom Stock Units (1)(2) 10/25/2010 A 228.49 (1) (1) Common Stock 228.49 $7 16,001.18 D
Phantom Stock Units (1)(2) 10/26/2010 A 1,018.25 (1) (1) Common Stock 1,018.25 $6.85 17,019.43 D
Phantom Stock Units (1)(2) 11/12/2010 A 306.37 (1) (1) Common Stock 306.37 $6.81 17,325.8 D
Phantom Stock Units (1)(2) 12/20/2010 A 41.19 (1) (1) Common Stock 41.19 $7.28 17,367 D
Phantom Stock Units (1)(2) 01/04/2011 A 43.37 (1) (1) Common Stock 43.37 $6.92 17,410.36 D
Phantom Stock Units (1)(2) 01/10/2011 A 85.5 (1) (1) Common Stock 85.5 $7.02 17,495.86 D
Phantom Stock Units (1)(2) 01/11/2011 A 1,050.94 (1) (1) Common Stock 1,050.94 $7.02 18,546.81 D
Phantom Stock Units (1)(2) 03/21/2011 A 42.74 (1) (1) Common Stock 42.74 $7.02 18,589.54 D
Phantom Stock Units (1)(2) 04/04/2011 A 39.27 (1) (1) Common Stock 39.27 $7.64 18,628.81 D
Phantom Stock Units (1)(2) 04/11/2011 A 213.05 (1) (1) Common Stock 213.05 $7.51 18,841.86 D
Phantom Stock Units (1)(2) 04/12/2011 A 932.8 (1) (1) Common Stock 932.8 $7.48 19,774.66 D
Phantom Stock Units (1)(2) 07/18/2011 A 43.36 (1) (1) Common Stock 43.36 $7.61 19,818.02 D
Phantom Stock Units (1)(2) 07/25/2011 A 207.55 (1) (1) Common Stock 207.55 $8.48 20,025.57 D
Phantom Stock Units (1)(2) 07/26/2011 A 913.12 (1) (1) Common Stock 913.12 $8.4 20,938.69 D
Phantom Stock Units (1)(2) 09/21/2011 A 44.58 (1) (1) Common Stock 44.58 $7.4 20,983.27 D
Phantom Stock Units (1)(2) 10/03/2011 A 49.11 (1) (1) Common Stock 49.11 $6.72 21,032.38 D
Phantom Stock Units (1)(2) 10/17/2011 A 335.64 (1) (1) Common Stock 335.64 $7.21 21,368.02 D
Phantom Stock Units (1)(2) 10/18/2011 A 958.97 (1) (1) Common Stock 958.97 $7.31 22,327 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 second 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 filing reports a Cintas Corporation director acquiring additional phantom stock units by deferring portions of cash retainer fees under the Directors' Deferred Compensation Plan. The units track the value of Cintas common stock but are not actual shares and carry no voting rights.

How many phantom stock units does the Cintas (CTAS) director beneficially own after these transactions?

Following the reported transactions, the director beneficially owns 22,327 phantom stock units, each linked to the value of one share of Cintas common stock.

What are phantom stock units in the Cintas (CTAS) director plan?

Under the Cintas Directors' Deferred Compensation Plan, phantom stock units each have a value equal to one share of Cintas common stock but are not actual shares, carry no voting rights, and are payable only in cash after the director’s service terminates.

How did Cintas (CTAS) adjust the share data in this insider report?

All share amounts and stock prices in the report were adjusted to reflect Cintas Corporation’s four-for-one stock split of its common stock that was completed on September 4, 2024.

Why are there multiple Cintas (CTAS) Form 4 filings on the same date?

The remarks state that this Form 4 is the second of five filings submitted by the reporting person on December 17, 2025. The report was split into five filings to cover 134 individual transactions because the SEC’s EDGAR system limits a single form to a maximum of 30 transactions.

What is the relationship of the reporting person to Cintas (CTAS)?

The reporting person is identified as a Director of Cintas Corporation, as indicated in the relationship section of the Form 4.
Cintas Corp

NASDAQ:CTAS

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CTAS Stock Data

76.31B
341.92M
15.11%
67.41%
1.8%
Specialty Business Services
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
Link
United States
CINCINNATI