Cintas (CTAS) EVP David Brock Receives Awards; Sells Shares for Taxes

What Happened David Brock, Executive Vice President, Secretary and General Counsel of Cintas Corporation (CTAS), received multiple equity awards on August 10, 2026 and transferred 3,479 shares to cover tax withholding. The filing reports awards of 5,348 restricted shares at $202.71 each (valued at $1,084,093) and 370 restricted shares at $202.71 each (valued at $75,003). Separately, Brock was granted 17,999 and 4,435 derivative awards (reported at $0), which appear to be stock-based awards or option-like awards. To satisfy tax withholding when prior restrictions lapsed, he transferred 3,479 shares at $202.71 each (proceeds/value ~$705,228).

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (timely filing).
• Awards: 5,348 restricted shares @ $202.71 ($1,084,093) and 370 restricted shares @ $202.71 ($75,003).
• Derivative awards: 17,999 and 4,435 shares reported at $0 (subject to vesting/derivative terms).
• Disposition: 3,479 shares transferred @ $202.71 ($705,228) to satisfy tax withholding when restrictions lapsed (footnote F2).
• Footnotes: F1 = restricted shares under the Equity Compensation Plan; F3 = options vest one‑third on each of the 3rd, 4th and 5th anniversaries of grant.
• Exhibit: Exhibit 24 (Power of Attorney) included in filing.
• Shares owned after the transactions are not specified in the provided filing information.

Context

• This filing primarily documents equity awards (acquisitions) to an executive — generally a routine part of executive compensation, not an open‑market purchase or sale for investment reasons.
• The 3,479‑share transfer was a tax withholding/cashless-type disposition (code F), not a discretionary sale signaling sentiment.
• The derivative awards with $0 reported value are subject to vesting (see footnote F3); they do not represent immediately liquid stock unless vested and exercised according to the plan.