Cintas Corp SEC Filings

Cintas Corporation (CTAS) filed a Form 4 for director Karen L. Carnahan. On 10/29/2025, she received 503 restricted shares at $0 under the company’s 2016 Amended and Restated Equity and Incentive Compensation Plan. These restricted shares cliff vest on the first anniversary of the grant date.

She was also granted stock options to purchase 1,694 shares at an exercise price of $183.90, expiring on 10/29/2035; the option cliff vests on the first anniversary of the grant date. Following these transactions, she beneficially owns 25,256 shares directly.

Cintas (CTAS) director Beverly K. Carmichael reported equity awards on 10/29/2025. She received 503 shares of common stock at $0, increasing her direct holdings to 1,340 shares. She was also granted a stock option for 1,694 shares with an exercise price of $183.9 and an expiration of 10/29/2035. Both the restricted shares and the option are scheduled to cliff vest on the first anniversary of the grant date under Cintas’s 2016 Amended and Restated Equity and Incentive Compensation Plan.

Cintas (CTAS) director equity grants reported. On 10/29/2025, Director Melanie W. Barstad received 503 shares of common stock at $0 and was granted stock options for 1,694 shares with an exercise price of $183.9. Following these transactions, she beneficially owned 26,592 shares directly. The restricted shares and options were issued under Cintas Corporation’s 2016 Amended and Restated Equity and Incentive Compensation Plan and each award cliff vests on the first anniversary of the grant date. The options expire on 10/29/2035.

Cintas Corporation reported results of its 2025 Annual Meeting. Shareholders elected all director nominees, with support ranging from 329,266,100 to 342,749,858 votes “For,” depending on the nominee.

Investors approved the advisory vote on executive compensation with 330,468,757 “For,” 17,948,211 “Against,” and 682,774 “Abstain,” alongside 18,894,457 broker non‑votes. Shareholders also ratified Ernst & Young LLP as independent auditor for fiscal 2026, with 347,180,490 “For,” 20,554,869 “Against,” and 258,840 “Abstain.”

A shareholder proposal to allow shareholders to call special meetings did not pass, receiving 157,690,015 “For,” 190,386,157 “Against,” and 1,023,570 “Abstain,” with 18,894,457 broker non‑votes.

Cintas Corporation (CTAS) reported quarterly revenue of $2,718.1 million, an 8.7% increase versus the prior-year quarter, driven by growth across its segments. Operating income rose to $617.9 million, or 22.7% of revenue, supported by improved in-service inventory usage and operating leverage. Net income was $491.1 million (up 8.7%) and diluted EPS was $1.20 (up 9.1%). Uniform Rental and Facility Services revenue increased 8.1% to $2,091.1 million with a gross margin of 49.7%. First Aid and Safety Services revenue grew 14.4% to $334.7 million, though its gross margin declined to 56.8% primarily from added route capacity. Cost of other rose and selling & administrative expenses increased modestly, while net interest expense declined to $22.0 million. The company continued share repurchases, totaling $221.7 million in the quarter and $1.0 billion since the 2022 program inception. Liquidity remains supported by a $2.0 billion revolving facility and commercial paper capacity, with no borrowings outstanding at quarter end.

Cintas shareholder John Chevedden is urging investors to back a governance change and oppose a director. He asks fellow shareholders to vote for Proposal 4, which would give shareholders a more reasonable ability to call a special shareholder meeting. He argues that the current requirement for 50% of shares outstanding to support calling a special meeting is an extreme outlier compared with other companies and can effectively require support from well over a majority of votes cast at an annual meeting.

Chevedden also urges a vote against director Joseph Scaminace, chair of the Governance Committee, criticizing his role in maintaining what he views as an excessively high threshold for special meetings. He contends that modern online meeting technology makes special meetings easier to conduct, and that the company has had several years to adopt a more typical standard.

Cintas Corporation presents its definitive proxy statement outlining governance, director nominations and executive compensation practices ahead of its virtual 2025 Annual Meeting. The company emphasizes a strategy to "help businesses get Ready for the Workday" by expanding customer reach and investing in technology and operations, specifically naming investments in SAP, the SmartTruck platform and auto-sortation systems to improve service and identify cross-sell opportunities. Management highlights employee ownership programs, noting a four-for-one stock split announced May 2, 2024 (record date Sept 4, 2024; distribution Sept 11, 2024; trading post-split began Sept 12, 2024). The Board nominated nine directors for election and affirms director independence determinations. Audit Committee oversight includes information security reporting from the CIO/CISO. Executive pay links primarily to Diluted EPS and Sales Growth and the 2024 say-on-pay vote was ~96% in favor. Shareholders of record on Sept 2, 2025 (404,391,450 shares outstanding) may attend the virtual meeting on Oct 28, 2025 at 11:30 a.m. EDT.

Denton David Brock, Senior Vice President, Secretary & General Counsel of Cintas Corporation (CTAS), received equity awards on 08/11/2025 under the company Equity Compensation Plan. The award includes 4,569 restricted shares and 15,552 stock options with an exercise/conversion price shown as $223.88 and an expiration date listed as 08/11/2035. The options vest one-third on the third, fourth and fifth anniversaries of the grant date.

After these transactions Mr. Brock beneficially owns 25,857 shares directly, with an additional 766 shares held indirectly via a 401(k) plan. The restricted shares are explicitly described as granted pursuant to the company Equity Compensation Plan and the option vesting schedule is specified in the filing.