Coletti Robert E. 4
4 · CINTAS CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Cintas (CTAS) Director Robert Coletti Receives Phantom Stock Award
What Happened
- Robert E. Coletti, a director of Cintas Corporation (CTAS), received 25.59 Phantom Stock Units on 2026-03-13. The units are valued at $194.28 each, totaling $4,972. This was recorded as an award/acquisition (transaction code A) and is a derivative grant, not an actual share purchase.
Key Details
- Transaction date: 2026-03-13; filing date: 2026-03-17 (filed timely).
- Quantity and value: 25.59 units × $194.28 = $4,972 (derivative award).
- Transaction type: A (award/acquisition); reported as a derivative instrument (Phantom Stock Units).
- Shares owned after transaction: Not specified in this filing.
- Footnote: The units are Phantom Stock Units under the Directors' Deferred Compensation Plan — each unit equals one share in value but are not actual common shares, carry no voting rights, include dividend equivalents, and are payable only in cash after the director leaves service.
Context
- This is a compensation-related, non-cash award (deferred retainer converted into phantom units), which does not represent an open-market purchase or sale and does not convey voting power. Such awards are routine for directors and reflect deferred pay rather than a direct investment signal.
Insider Transaction Report
Form 4
CINTAS CORPCTAS
Coletti Robert E.
Director
Transactions
- Award
Phantom Stock Units
[F1]2026-03-13$194.28/sh+25.59$4,972→ 11,075.99 total→ Common Stock (25.59 underlying)
Footnotes (1)
- [F1]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.
Signature
/s/ Robert E. Coletti|2026-03-17