Coletti Robert E. 4

What Happened

• Robert E. Coletti, a director of Cintas Corporation (CTAS), exercised options (derivative securities) on April 9, 2026, resulting in the acquisition of 12,544 common shares. Two exercise transactions were reported: 1,996 shares at an exercise price of $26.86 ($53,613) and 10,548 shares at $27.10 ($285,851), for a combined exercise cost of approximately $339,464. The filing also shows the corresponding derivative positions were converted/disposed at $0, indicating the options were converted into shares.

Key Details

• Transaction date: April 9, 2026 (reported on Form 4 filed April 13, 2026). Filing appears timely.
• Exercised shares and prices: 1,996 shares @ $26.86 = $53,613; 10,548 shares @ $27.10 = $285,851; total acquired = 12,544 shares; total paid ≈ $339,464.
• Derivative disposition lines: two derivative entries listed as disposed at $0 — these reflect conversion of the derivative securities into common stock.
• Shares owned after transaction: not specified in the supplied filing excerpt; the filing includes a footnote that many shares are owned by trusts for family benefit and the reporting person disclaims beneficial ownership except for any pecuniary interest (Footnote F2).
• Stock split adjustment: all share amounts and exercise prices have been adjusted for a 4-for-1 stock split completed Sept 4, 2024 (Footnote F1).
• No sale reported: the Form 4 does not show any immediate sale of the newly acquired shares.

Context

• M = option exercise/derivative conversion: Coletti exercised options and converted those derivative securities into common shares. Because the filing shows exercise prices were paid and no sale entries follow, this was not reported as a cashless exercise or immediate market sale in this Form 4.
• For retail investors: purchases/exercises can signal insiders acquiring stock, but filings do not state motive. The trust ownership footnote means beneficial ownership is limited as described by the reporting person.