Cintas (CTAS) director Coletti exercises stock options, now holds 26,744 shares directly
Rhea-AI Filing Summary
Cintas Corporation director Robert E. Coletti exercised stock options to acquire additional common shares. On April 9, 2026, he exercised options for 1,996 shares at $26.86 per share and 10,548 shares at $27.10 per share, receiving an equal number of common shares.
After these exercises, he holds 26,744 Cintas common shares directly and 345,600 shares indirectly through trusts for the benefit of him and his family, with beneficial ownership of the trust shares disclaimed except to the extent of any pecuniary interest. All share amounts and exercise prices reflect Cintas’s four-for-one stock split completed on September 4, 2024.
Positive
- None.
Negative
- None.
Insights
Cintas director executes routine option exercises, increasing direct share holdings.
Director Robert E. Coletti exercised stock options on April 9, 2026 to acquire a total of 12,544 Cintas common shares at exercise prices of $26.86 and $27.10 per share, following earlier grants now approaching their 2026 expiration.
The filing shows no open-market sales; instead, his direct holdings rose to 26,744 shares. An additional 345,600 shares are held indirectly by trusts for his and his family’s benefit, with beneficial ownership disclaimed except for any pecuniary interest, indicating estate or wealth-planning structures rather than trading activity.
With 0 remaining derivative positions listed in this filing’s derivative summary, these exercises appear to exhaust the reported options. The transactions look like standard equity compensation management, with limited signaling value beyond confirming continued equity exposure to Cintas.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,996 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 10,548 | $0.00 | -- |
| Exercise | Common Stock | 1,996 | $26.86 | $54K |
| Exercise | Common Stock | 10,548 | $27.10 | $286K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and exercise prices have been adjusted to give effect to this stock split. Owned by trusts for the benefit of Mr. Coletti and his family. The Reporting Person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.