Cintas (CTAS) director details deferred fees into phantom stock units

Q: What insider activity did Cintas (CTAS) disclose in this Form 4?

The report shows a Cintas Corporation director and assistant secretary deferring portions of cash retainer fees into phantom stock units tied to Cintas common stock over multiple dates.

Q: How many phantom stock units does the Cintas (CTAS) insider hold after the reported transactions?

After the most recent reported transaction on January 11, 2022 , the reporting person beneficially owned 8,128.84 phantom stock units , held directly.

Q: What are phantom stock units in the Cintas (CTAS) deferred compensation plan?

Each phantom stock unit has a value equal to one share of Cintas Corporation common stock but is not an actual share , carries no voting rights , and is payable only in cash after the director’s service ends.

Q: When will the Cintas (CTAS) phantom stock units be paid to the insider?

The phantom stock units are payable only in cash and only after termination of service as a director, according to the Directors' Deferred Compensation Plan.

Q: Why were multiple Cintas (CTAS) insider reports filed on the same date?

The report notes it is the first of three filings made on December 17, 2025 , because the insider’s 61 individual transactions exceeded the 30-transaction limit of the SEC’s EDGAR system for a single form.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Cintas Corporation director and assistant secretary reported ongoing deferrals of board cash retainer fees into phantom stock units tied to Cintas common stock. The transactions span multiple dates from December 12, 2016 through January 11, 2022, with each phantom stock unit valued like one share of Cintas common stock but providing no actual shares or voting rights.

Following the most recent reported transaction on January 11, 2022, the reporting person beneficially owned 8,128.84 phantom stock units on a direct basis. These phantom stock units are payable only in cash after the reporting person’s termination of service as a director. All share amounts and stock prices reflect Cintas Corporation’s four-for-one stock split completed on September 4, 2024.

Insider Trade Summary

30 transactions reported

Mixed 30 txns

Insider Coletti Robert E.

Role Assistant Secretary

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	209.82	$101.28	$21K
Grant/Award	Phantom Stock Units	17.1	$109.73	$2K
Grant/Award	Phantom Stock Units	197.44	$107.63	$21K
Grant/Award	Phantom Stock Units	18.75	$97.35	$2K
Grant/Award	Phantom Stock Units	218.59	$97.22	$21K
Grant/Award	Phantom Stock Units	15.61	$89.52	$1K
Grant/Award	Phantom Stock Units	236.3	$88.87	$21K
Grant/Award	Phantom Stock Units	15.77	$85.61	$1K
Grant/Award	Phantom Stock Units	260.84	$80.51	$21K
Grant/Award	Phantom Stock Units	70.82	$85.23	$6K
Grant/Award	Phantom Stock Units	259.25	$81.00	$21K
Grant/Award	Phantom Stock Units	171.69	$73.39	$13K
Grant/Award	Phantom Stock Units	416.46	$50.43	$21K
Grant/Award	Phantom Stock Units	298.38	$70.38	$21K
Grant/Award	Phantom Stock Units	55.39	$65.22	$4K
Grant/Award	Phantom Stock Units	305.99	$68.63	$21K
Grant/Award	Phantom Stock Units	314.05	$65.20	$20K
Grant/Award	Phantom Stock Units	364.87	$51.18	$19K
Grant/Award	Phantom Stock Units	427.54	$43.68	$19K
Grant/Award	Phantom Stock Units	48.11	$44.81	$2K
Grant/Award	Phantom Stock Units	419.92	$44.47	$19K
Grant/Award	Phantom Stock Units	365.32	$51.12	$19K
Grant/Award	Phantom Stock Units	438.56	$42.58	$19K
Grant/Award	Phantom Stock Units	508	$40.31	$20K
Grant/Award	Phantom Stock Units	27.13	$36.53	$991.06
Grant/Award	Phantom Stock Units	494.54	$37.76	$19K
Grant/Award	Phantom Stock Units	560.01	$33.35	$19K
Grant/Award	Phantom Stock Units	607.51	$30.74	$19K
Grant/Award	Phantom Stock Units	718.61	$28.49	$20K
Grant/Award	Phantom Stock Units	66.46	$30.10	$2K

Holdings After Transaction: Phantom Stock Units — 8,128.84 shares (Direct)

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.

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Form 4 Insider Transactions: What Each Field Means →

12/17/2025 - 08:04 PM

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^*

Coletti Robert E.

(Last)

(First)

(Middle)

8044 MONTGOMERY RD

SUITE 480

(Street)

CINCINNATI

45236

(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
X	Officer (give title below)	Other (specify below)
	Assistant Secretary

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2016

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾⁽²⁾	12/12/2016		A		66.46		⁽¹⁾	⁽¹⁾	Common Stock	66.46	$30.1	66.46	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/18/2017		A		718.61		⁽¹⁾	⁽¹⁾	Common Stock	718.61	$28.49	785.07	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/11/2017		A		607.51		⁽¹⁾	⁽¹⁾	Common Stock	607.51	$30.74	1,392.58	D
Phantom Stock Units	⁽¹⁾⁽²⁾	08/08/2017		A		560.01		⁽¹⁾	⁽¹⁾	Common Stock	560.01	$33.35	1,952.59	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/17/2017		A		494.54		⁽¹⁾	⁽¹⁾	Common Stock	494.54	$37.76	2,447.13	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/10/2017		A		27.13		⁽¹⁾	⁽¹⁾	Common Stock	27.13	$36.53	2,474.27	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/09/2018		A		508		⁽¹⁾	⁽¹⁾	Common Stock	508	$40.31	2,982.27	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/10/2018		A		438.56		⁽¹⁾	⁽¹⁾	Common Stock	438.56	$42.58	3,420.83	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/31/2018		A		365.32		⁽¹⁾	⁽¹⁾	Common Stock	365.32	$51.12	3,786.14	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/30/2018		A		419.92		⁽¹⁾	⁽¹⁾	Common Stock	419.92	$44.47	4,206.07	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/09/2018		A		48.11		⁽¹⁾	⁽¹⁾	Common Stock	48.11	$44.81	4,254.18	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/08/2019		A		427.54		⁽¹⁾	⁽¹⁾	Common Stock	427.54	$43.68	4,681.72	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/09/2019		A		364.87		⁽¹⁾	⁽¹⁾	Common Stock	364.87	$51.18	5,046.59	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/23/2019		A		314.05		⁽¹⁾	⁽¹⁾	Common Stock	314.05	$65.2	5,360.64	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/29/2019		A		305.99		⁽¹⁾	⁽¹⁾	Common Stock	305.99	$68.63	5,666.62	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/08/2019		A		55.39		⁽¹⁾	⁽¹⁾	Common Stock	55.39	$65.22	5,722.01	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/14/2020		A		298.38		⁽¹⁾	⁽¹⁾	Common Stock	298.38	$70.38	6,020.39	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/14/2020		A		416.46		⁽¹⁾	⁽¹⁾	Common Stock	416.46	$50.43	6,436.85	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/28/2020		A		171.69		⁽¹⁾	⁽¹⁾	Common Stock	171.69	$73.39	6,608.54	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/27/2020		A		259.25		⁽¹⁾	⁽¹⁾	Common Stock	259.25	$81	6,867.79	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/06/2020		A		70.82		⁽¹⁾	⁽¹⁾	Common Stock	70.82	$85.23	6,938.61	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/19/2021		A		260.84		⁽¹⁾	⁽¹⁾	Common Stock	260.84	$80.51	7,199.45	D
Phantom Stock Units	⁽¹⁾⁽²⁾	02/15/2021		A		15.77		⁽¹⁾	⁽¹⁾	Common Stock	15.77	$85.61	7,215.22	D
Phantom Stock Units	⁽¹⁾⁽²⁾	04/13/2021		A		236.3		⁽¹⁾	⁽¹⁾	Common Stock	236.3	$88.87	7,451.52	D
Phantom Stock Units	⁽¹⁾⁽²⁾	05/15/2021		A		15.61		⁽¹⁾	⁽¹⁾	Common Stock	15.61	$89.52	7,467.13	D
Phantom Stock Units	⁽¹⁾⁽²⁾	07/27/2021		A		218.59		⁽¹⁾	⁽¹⁾	Common Stock	218.59	$97.22	7,685.71	D
Phantom Stock Units	⁽¹⁾⁽²⁾	08/13/2021		A		18.75		⁽¹⁾	⁽¹⁾	Common Stock	18.75	$97.35	7,704.46	D
Phantom Stock Units	⁽¹⁾⁽²⁾	10/26/2021		A		197.44		⁽¹⁾	⁽¹⁾	Common Stock	197.44	$107.63	7,901.91	D
Phantom Stock Units	⁽¹⁾⁽²⁾	11/15/2021		A		17.1		⁽¹⁾	⁽¹⁾	Common Stock	17.1	$109.73	7,919.01	D
Phantom Stock Units	⁽¹⁾⁽²⁾	01/11/2022		A		209.82		⁽¹⁾	⁽¹⁾	Common Stock	209.82	$101.28	8,128.84	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.

2. 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.

Remarks:

This Form 4 is the first of three Form 4s filed by the Reporting Person on the same date, December 17, 2025. The Form 4 has been split into three filings to cover all 61 individual transactions because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions.

	/s/ Robert E. Coletti	12/17/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Cintas (CTAS) disclose in this Form 4?

The report shows a Cintas Corporation director and assistant secretary deferring portions of cash retainer fees into phantom stock units tied to Cintas common stock over multiple dates.

How many phantom stock units does the Cintas (CTAS) insider hold after the reported transactions?

After the most recent reported transaction on January 11, 2022, the reporting person beneficially owned 8,128.84 phantom stock units, held directly.

What are phantom stock units in the Cintas (CTAS) deferred compensation plan?

Each phantom stock unit has a value equal to one share of Cintas Corporation common stock but is not an actual share, carries no voting rights, and is payable only in cash after the director’s service ends.

Over what period were the Cintas (CTAS) phantom stock unit transactions reported?

The table lists phantom stock unit awards with transaction dates from December 12, 2016 through January 11, 2022 as part of the director’s deferred compensation elections.

How did the Cintas (CTAS) stock split affect the reported phantom stock units?

Cintas Corporation completed a four-for-one stock split of its common stock on September 4, 2024, and all reported share amounts and stock prices for the phantom stock units have been adjusted to reflect this split.

When will the Cintas (CTAS) phantom stock units be paid to the insider?

The phantom stock units are payable only in cash and only after termination of service as a director, according to the Directors' Deferred Compensation Plan.

Why were multiple Cintas (CTAS) insider reports filed on the same date?

The report notes it is the first of three filings made on December 17, 2025, because the insider’s 61 individual transactions exceeded the 30-transaction limit of the SEC’s EDGAR system for a single form.