CARNAHAN KAREN L 4

What Happened

• Karen L. Carnahan, a director of Cintas Corporation (CTAS), was credited with 17.16 units classified as an award (code A) on 2026-06-15. The units were valued at $174.74 each, for a total grant value of approximately $2,999. This filing reflects a derivative award (phantom stock units), not an acquisition of actual common shares.

Key Details

• Transaction date: 2026-06-15; Filing date: 2026-06-17 (timely Form 4 filing).
• Grant: 17.16 Phantom Stock Units at $174.74 per unit; total value ≈ $2,999.
• Shares owned after transaction: not disclosed in this filing.
• Transaction code: A (award/grant/acquisition of derivative security).
• Footnote: Units are Phantom Stock Units from the Directors' Deferred Compensation Plan — each unit equals the value of one share but are not actual shares, carry no voting rights, and are payable only in cash after the director’s service ends.

Context

• This was a routine director compensation award (cash-settled phantom units), not a purchase of stock or an exercise of options. Because the units are cash-settled and carry no voting rights, they do not increase the director’s voting stake in Cintas.