STOCK TITAN

Cintas (CTAS) director defers fees into 89.52 phantom stock units

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

Rhea-AI Filing Summary

Cintas Corp director Ronald W. Tysoe acquired 89.52 Phantom Stock Units on March 13, 2026 at a reference value of $194.28 per unit, increasing his deferred Phantom Stock balance to 38,738.94 units.

Tysoe elected to defer a portion of his cash retainer fees into these Phantom Stock Units under the Directors' Deferred Compensation Plan. Each unit tracks the value of one Cintas common share, including dividend equivalents, but they are not actual shares, have no voting rights, and are payable only in cash after he leaves the board.

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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)
03/13/2026
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) 03/13/2026 A 89.52 (1) (1) Common Stock 89.52 $194.28 38,738.94 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Brock Denton as Attorney-in-Fact for Ronald W. Tysoe 03/17/2026
** 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 did Cintas (CTAS) director Ronald W. Tysoe report on this Form 4?

Ronald W. Tysoe reported acquiring 89.52 Phantom Stock Units tied to Cintas stock. These units came from deferring a portion of his director cash retainer fees, increasing his deferred Phantom Stock balance to 38,738.94 units under the company’s Directors' Deferred Compensation Plan.

Are the Phantom Stock Units reported by Cintas (CTAS) director Tysoe actual Cintas shares?

No, the Phantom Stock Units are not actual Cintas common shares. Each unit’s value equals one share of common stock and includes dividend equivalents, but carries no voting rights and is settled only in cash after Tysoe’s service as a director ends.

How many Phantom Stock Units does Cintas (CTAS) director Tysoe hold after this transaction?

After this transaction, Ronald W. Tysoe holds 38,738.94 Phantom Stock Units. This total reflects his accumulated deferrals of director cash retainer fees and credited dividend equivalents under the Directors' Deferred Compensation Plan, all payable in cash after he leaves the board.

What is the value reference for the Phantom Stock Units reported by Cintas (CTAS) director Tysoe?

Each Phantom Stock Unit has a value equal to one share of Cintas common stock. The reported grant shows 89.52 units at a reference value of $194.28 per unit, with the units tracking stock value plus dividend equivalents until cash payment after board service ends.

When will Cintas (CTAS) director Tysoe receive payment for his Phantom Stock Units?

Payment for Ronald W. Tysoe’s Phantom Stock Units occurs only in cash after his termination of service as a director. Until then, the units track the value of Cintas common stock, including dividend equivalents, but do not provide any current ownership or voting rights.
Cintas Corp

NASDAQ:CTAS

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72.71B
339.98M
Specialty Business Services
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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United States
CINCINNATI