Cintas director granted 89.52 phantom stock units
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.
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 89.52 | $194.28 | $17K |
Footnotes (1)
- F1. 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.
FAQ
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What did Cintas (CTAS) director Ronald W. Tysoe report on this Form 4?
How many Phantom Stock Units does Cintas (CTAS) director Tysoe hold after this transaction?
What is the value reference for the Phantom Stock Units reported by Cintas (CTAS) director Tysoe?
When will Cintas (CTAS) director Tysoe receive payment for his Phantom Stock Units?
AI-generated analysis. How Rhea-AI works. Not financial advice.