Cintas (CTAS) director defers fees into 164 phantom stock units
Rhea-AI Filing Summary
Cintas Corporation director Melanie W. Barstad reported receiving additional deferred compensation in the form of phantom stock units tied to Cintas common stock. On 01/20/2026, she acquired 164.52 phantom stock units at a reference value of
These phantom stock units are created when the director elects to defer a portion of cash retainer fees under the Directors' Deferred Compensation Plan. Each unit is valued like one share of Cintas common stock but is not actual stock, carries no voting rights, and is payable only in cash after her service as a director ends.
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FAQ
What insider transaction did Cintas (CTAS) report for Melanie W. Barstad?
Cintas (CTAS) reported that director Melanie W. Barstad acquired 164.52 phantom stock units on
How many phantom stock units does the Cintas director hold after this Form 4?
After the reported transaction, Melanie W. Barstad holds 4,383.23 phantom stock units linked to Cintas common stock value.
What are phantom stock units in the Cintas (CTAS) directors' plan?
Under the Directors' Deferred Compensation Plan, phantom stock units each have a value equal to one share of Cintas common stock but are not actual shares and carry no voting rights.
How did Melanie W. Barstad receive these phantom stock units at Cintas?
She elected to defer a portion of her cash retainer fees into phantom stock units instead of receiving that portion in cash.
Do the phantom stock units reported for Cintas director Barstad pay out in stock or cash?
The phantom stock units are payable only in cash, and payment occurs after termination of service as a director.
Does the Cintas director have voting rights from these phantom stock units?
No. The filing states that the phantom stock units are not actual shares of common stock and carry no voting rights.