Cintas (CTAS) CFO Scott Garula Receives Restricted Shares Worth $2.17M

What Happened
Scott Garula, Executive Vice President & Chief Financial Officer of Cintas Corporation (CTAS), was granted 10,695 restricted shares on 2026-08-10 valued at $202.71 each (total ≈ $2,167,983). On the same date 2,958 shares (at $202.71 each, ≈ $599,616) were transferred to satisfy tax withholding related to restricted stock that vested earlier.

Key Details

• Transaction date: 2026-08-10; Form 4 filed 2026-08-12 (appears filed within the standard 2-business-day window).
• Grant (code A): 10,695 restricted shares @ $202.71 (total ≈ $2,167,983).
• Tax withholding (code F): 2,958 shares transferred @ $202.71 (total ≈ $599,616) to cover taxes on previously reported restricted shares whose restrictions lapsed.
• Shares owned after the transactions: not reported in the provided filing details.
• Footnotes: F1 — shares granted under Cintas Equity Compensation Plan; F2 — restrictions on earlier granted restricted shares lapsed and 2,958 of those were transferred to satisfy tax withholding.

Context
This was an equity award and an associated tax-withholding share transfer, not an open-market buy or sell. Restricted-share grants are routine executive compensation and do not, by themselves, indicate the insider is buying or selling based on near-term views of the stock. The tax-related transfer is a common “sell/withhold to cover” mechanism and not an arms-length market sale.