Cintas (CTAS) director grows Phantom Stock Unit balance to 10,895.34 units
Rhea-AI Filing Summary
Cintas Corporation director and assistant secretary reported ongoing allocations of cash fees into Phantom Stock Units under the company’s Directors' Deferred Compensation Plan. From 02/15/2022 through 10/28/2025, the reporting person acquired small periodic amounts of phantom units, such as 20.44 units at a value of $94.44 and later 131.66 units at $189.89, each unit tied in value to one share of Cintas common stock.
After the latest reported transaction on 10/28/2025, the reporting person beneficially held 10,895.34 Phantom Stock Units, all in direct form. These units track the value of Cintas common stock but are not actual shares and do not carry voting rights. They are payable only in cash after the individual’s service as a director ends. All share amounts and prices reflect Cintas’s 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 | 131.66 | $189.89 | $25K |
| Grant/Award | Phantom Stock Units | 22.32 | $216.55 | $5K |
| Grant/Award | Phantom Stock Units | 112.27 | $222.68 | $25K |
| Grant/Award | Phantom Stock Units | 18.94 | $218.49 | $4K |
| Grant/Award | Phantom Stock Units | 131.5 | $190.11 | $25K |
| Grant/Award | Phantom Stock Units | 19.97 | $204.22 | $4K |
| Grant/Award | Phantom Stock Units | 130.02 | $192.28 | $25K |
| Grant/Award | Phantom Stock Units | 18.68 | $215.20 | $4K |
| Grant/Award | Phantom Stock Units | 119.54 | $209.14 | $25K |
| Grant/Award | Phantom Stock Units | 20.66 | $191.94 | $4K |
| Grant/Award | Phantom Stock Units | 132.27 | $189.01 | $25K |
| Grant/Award | Phantom Stock Units | 19.53 | $173.10 | $3K |
| Grant/Award | Phantom Stock Units | 147.55 | $169.43 | $25K |
| Grant/Award | Phantom Stock Units | 21.7 | $153.17 | $3K |
| Grant/Award | Phantom Stock Units | 169.9 | $147.14 | $25K |
| Grant/Award | Phantom Stock Units | 23.85 | $136.64 | $3K |
| Grant/Award | Phantom Stock Units | 197.7 | $126.46 | $25K |
| Grant/Award | Phantom Stock Units | 26.06 | $122.17 | $3K |
| Grant/Award | Phantom Stock Units | 164.59 | $129.11 | $21K |
| Grant/Award | Phantom Stock Units | 22.66 | $117.27 | $3K |
| Grant/Award | Phantom Stock Units | 188.78 | $112.57 | $21K |
| Grant/Award | Phantom Stock Units | 23.36 | $111.16 | $3K |
| Grant/Award | Phantom Stock Units | 191.02 | $111.24 | $21K |
| Grant/Award | Phantom Stock Units | 22.8 | $111.20 | $3K |
| Grant/Award | Phantom Stock Units | 207.12 | $102.60 | $21K |
| Grant/Award | Phantom Stock Units | 22.5 | $109.76 | $2K |
| Grant/Award | Phantom Stock Units | 213.66 | $99.46 | $21K |
| Grant/Award | Phantom Stock Units | 21.01 | $94.43 | $2K |
| Grant/Award | Phantom Stock Units | 204.44 | $103.94 | $21K |
| Grant/Award | Phantom Stock Units | 20.44 | $94.44 | $2K |
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.
FAQ
What insider activity did Cintas (CTAS) report in this Form 4?
The report shows a Cintas director and assistant secretary periodically elected to defer portions of cash retainer fees into Phantom Stock Units tied to Cintas common stock value.
How many Cintas (CTAS) Phantom Stock Units does the insider hold after the latest transaction?
Following the transaction dated 10/28/2025, the reporting person beneficially owned 10,895.34 Phantom Stock Units in direct form.
What are Phantom Stock Units in the context of Cintas (CTAS)?
Phantom Stock Units are bookkeeping units equal in value to one share of Cintas common stock, including dividend equivalents, but they are not actual shares and carry no voting rights.
When are Cintas (CTAS) Phantom Stock Units payable to the reporting person?
The Phantom Stock Units are payable only in cash and only after the reporting person’s termination of service as a director.
How did the September 4, 2024 stock split affect the Cintas (CTAS) phantom units reported?
Cintas completed a four-for-one stock split on September 4, 2024, and all share amounts and stock prices in the report have been adjusted to reflect this split.
Why were multiple Form 4 reports filed by the same Cintas (CTAS) insider on December 17, 2025?
The insider filed three separate reports on the same date to cover 61 individual transactions, because the SEC’s EDGAR system limits one report to a maximum of 30 transactions.