Coletti Robert E. 4

What Happened
Robert E. Coletti, a member of Cintas Corporation's board of directors, was granted 28.88 Phantom Stock Units on 2026-06-15. The units were valued at $174.74 each, for a total economic value of $5,046. This was an award/compensation grant (transaction code A), not a purchase of actual shares.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely).
• Grant: 28.88 Phantom Stock Units at $174.74 per unit; total value reported $5,046.
• Security type: Derivative (Phantom Stock Units) — units track the value of CTAS common stock but are not actual shares and carry no voting rights.
• Shares owned after transaction: Not reported in this filing for actual shareholdings.
• Footnote: Units were elected in lieu of cash retainer under the Directors' Deferred Compensation Plan; dividend equivalents have been credited as additional Phantom Stock Units. Phantom Stock Units are payable only in cash after termination of service as a director.
• No 10b5-1 plan, tax withholding, or sale/exercise noted.

Context
This is a routine director compensation award rather than an open-market purchase or sale. Because these are phantom units (cash-settled and non-voting), they do not change Coletti’s voting stake in Cintas and are effectively a deferred cash payment tied to the company’s stock price.