Todd M. Schneider - 26 Jul 2024 Form 4 Insider Report for CINTAS CORP (CTAS)

Role
CEO and Director, Director
Signature
/s/ Allison A. Westfall as Attorney-in-Fact for Todd M. Schneider
Issuer symbol
CTAS
Transactions as of
26 Jul 2024
Transactions value $
-$11,936,146
Form type
4
Filing time
30 Jul 2024, 16:21:31 UTC
Previous filing
01 Apr 2024
Next filing
14 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTAS Common Stock Tax liability -$2.48M -3.25K -2.16% $761.39 147K 26 Jul 2024 Direct F1
transaction CTAS Common Stock Options Exercise $2.67M +6.88K +4.68% $388.86 154K 29 Jul 2024 Direct
transaction CTAS Common Stock Tax liability -$3.82M -5K -3.25% $764.73 149K 29 Jul 2024 Direct
transaction CTAS Common Stock Options Exercise $801K +2.06K +1.38% $388.86 151K 29 Jul 2024 Direct
transaction CTAS Common Stock Tax liability -$1.14M -1.5K -0.99% $763.22 149K 29 Jul 2024 Direct
transaction CTAS Common Stock Options Exercise $2.16M +8.29K +5.55% $260.79 158K 29 Jul 2024 Direct
transaction CTAS Common Stock Tax liability -$4M -5.24K -3.32% $763.76 152K 29 Jul 2024 Direct
transaction CTAS Common Stock Options Exercise $1.21M +4.11K +2.7% $293.56 157K 29 Jul 2024 Direct
transaction CTAS Common Stock Tax liability -$2.07M -2.71K -1.73% $763.76 154K 29 Jul 2024 Direct
transaction CTAS Common Stock Sale -$5.27M -6.9K -4.48% $764.05 147K 29 Jul 2024 Direct F2
holding CTAS Common Stock 863 26 Jul 2024 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -6.88K -33.33% $0.00 13.8K 29 Jul 2024 Common Stock 6.88K $388.86 Direct F3
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -2.06K -33.32% $0.00 4.12K 29 Jul 2024 Common Stock 2.06K $388.86 Direct F3
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -8.29K -100% $0.00* 0 29 Jul 2024 Common Stock 8.29K $260.79 Direct F3
transaction CTAS Stock Option (Right to Buy) Options Exercise $0 -4.11K -50% $0.00 4.11K 29 Jul 2024 Common Stock 4.11K $293.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restrictions on restricted shares granted pursuant to the Cintas Corporation Equity Compensation Plan previously reported on form 4 have lapsed. The Reporting Person transferred 3,251 of these shares to satisfy tax withholding.
F2 The reported price is a weighted average price. The shares were sold in multiple transactions ranging from $761.41 to $767.27. The reporting person undertakes to provide full pricing information to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission upon request.
F3 The options vest as follows: one-third on the third anniversary of the grant date, one-third on the fourth anniversary of the grant date, and one-third on the fifth anniversary of the grant date.