Cintas (CTAS) CFO receives 10,695 restricted shares, with 2,958 used for taxes
Rhea-AI Filing Summary
Cintas Corporation executive vice president and CFO Scott Garula reported equity compensation activity on August 10, 2026. He received a grant of 10,695 restricted common shares at $202.71 per share under the Cintas Corporation Equity Compensation Plan. On the same date, 2,958 shares from a previously reported restricted share award were transferred to satisfy tax withholding as those restrictions lapsed. He also reported indirect ownership of 20 common shares held through a 401(k) plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 7,737 shares
Net Buy
3 txns
Insider
Garula Scott
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 10,695 | $202.71 | $2.17M |
| Tax Withholding | Common Stock F2 | 2,958 | $202.71 | $600K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 105,495 shares (Direct);
Common Stock — 20 shares (Indirect, By 401(k) plan)
Footnotes (2)
- F1. Restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan.
- F2. Restrictions on restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan previously reported on Form 4 have lapsed. The Reporting Person transferred 2,958 of these shares to satisfy tax withholding.
Key Figures
Restricted shares granted: 10,695 shares
Grant reference price: $202.71 per share
Shares transferred for taxes: 2,958 shares
+1 more
4 metrics
Restricted shares granted
10,695 shares
Grant of restricted common stock on August 10, 2026
Grant reference price
$202.71 per share
Value per share for the 10,695 restricted shares
Shares transferred for taxes
2,958 shares
Shares transferred to satisfy tax withholding on lapsed restrictions
Indirect 401(k) holdings
20 shares
Common stock held indirectly by 401(k) plan
Key Terms
Restricted shares, Cintas Corporation Equity Compensation Plan, tax withholding, 401(k) plan
4 terms
Cintas Corporation Equity Compensation Plan financial
"Restricted shares granted pursuant to Cintas Corporation Equity Compensation Plan."
tax withholding financial
"The Reporting Person transferred 2,958 of these shares to satisfy tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
401(k) plan financial
"total_shares_following_transaction 20.0000, nature_of_ownership By 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What equity award did Cintas (CTAS) CFO Scott Garula receive?
CFO Scott Garula received a grant of 10,695 restricted common shares of Cintas on August 10, 2026 at a reference value of $202.71 per share, under the Cintas Corporation Equity Compensation Plan.
Was the Cintas (CTAS) CFO’s August 2026 Form 4 filed under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmatively under a trading plan, and there is no footnote indicating that these August 10, 2026 transactions were executed pursuant to a Rule 10b5-1 arrangement.
What indirect Cintas (CTAS) holdings does the CFO report?
Scott Garula reports indirect ownership of 20 common shares of Cintas through a 401(k) plan. This position is disclosed as indirect ownership separate from his directly held and awarded shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
