Cintas (CTAS) director adds phantom stock units via deferred fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cintas Corporation director Robert E. Coletti reported an acquisition of derivative securities tied to the company’s stock. On January 20, 2026, he received 129.04 Phantom Stock Units at a reference value of $193.74 per unit under the Directors' Deferred Compensation Plan, bringing his total to 11,050.4 Phantom Stock Units held directly.
The filing explains that these Phantom Stock Units track the value of one share of Cintas common stock each but are not actual shares, carry no voting rights, and represent deferred cash compensation. They are payable only in cash after Coletti’s service as a director ends, so this reflects compensation deferral rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coletti Robert E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 129.04 | $193.74 | $25K |
Holdings After Transaction:
Phantom Stock Units — 11,050.4 shares (Direct)
Footnotes (1)
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FAQ
What did Cintas (CTAS) director Robert E. Coletti report in this Form 4?
Coletti reported acquiring 129.04 Phantom Stock Units on January 20, 2026 under the Directors' Deferred Compensation Plan, bringing his total to 11,050.4 units held directly.
How and when are the Cintas (CTAS) Phantom Stock Units payable to the director?
According to the disclosure, the Phantom Stock Units are payable only in cash and only after Coletti’s termination of service as a director.
What was the reference value used for the Cintas (CTAS) Phantom Stock Units in this transaction?
The Form 4 shows the 129.04 Phantom Stock Units with a value of $193.74 per unit in the derivative securities table.
Did the Cintas (CTAS) director buy or sell common stock in the market in this Form 4?
No market purchase or sale of common stock is shown. The Form 4 reports a grant of Phantom Stock Units as part of a deferred compensation election.