[Form 4] CINTAS CORP Insider Trading Activity
Rhea-AI Filing Summary
Cintas Corporation director reports deferred phantom stock compensation activity. The Form 4 filing shows that director Ronald W. Tysoe has repeatedly elected to defer portions of his cash retainer fees into phantom stock units under the company’s Directors' Deferred Compensation Plan. These entries cover multiple award dates from 08/15/2022 through 12/15/2025, with individual quarterly credits such as 98.09 units on 08/15/2022, 104.52 units on 08/15/2023, and 92.07 units on 12/15/2025. After the most recent transaction, he beneficially owns 38,649.42 phantom stock units. Each unit tracks the value of one share of Cintas common stock but is not an actual share and carries no voting rights; the units are payable only in cash after his service as a director ends. All share amounts and stock prices in the report have been adjusted for Cintas’ four-for-one stock split completed on September 4, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 92.07 | $188.45 | $17K |
| Grant/Award | Phantom Stock Units | 79.96 | $216.55 | $17K |
| Grant/Award | Phantom Stock Units | 68.56 | $218.49 | $15K |
| Grant/Award | Phantom Stock Units | 73.21 | $204.22 | $15K |
| Grant/Award | Phantom Stock Units | 69.35 | $215.20 | $15K |
| Grant/Award | Phantom Stock Units | 77.6 | $191.94 | $15K |
| Grant/Award | Phantom Stock Units | 74.31 | $173.10 | $13K |
| Grant/Award | Phantom Stock Units | 83.8 | $153.17 | $13K |
| Grant/Award | Phantom Stock Units | 93.71 | $136.64 | $13K |
| Grant/Award | Phantom Stock Units | 104.52 | $122.17 | $13K |
| Grant/Award | Phantom Stock Units | 92.53 | $117.27 | $11K |
| Grant/Award | Phantom Stock Units | 97.36 | $111.16 | $11K |
| Grant/Award | Phantom Stock Units | 97.07 | $111.20 | $11K |
| Grant/Award | Phantom Stock Units | 98.09 | $109.76 | $11K |
Footnotes (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. On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and stock prices have been adjusted to give effect to this stock split.