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
Net 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	$2,475,279	-3,251	-2.2%	$761.39	146,936	26 Jul 2024	Direct	F1
transaction	CTAS	Common Stock	Options Exercise	$2,673,801	+6,876	+4.7%	$388.86	153,812	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Tax liability	$3,823,650	-5,000	-3.3%	$764.73	148,812	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Options Exercise	$800,663	+2,059	+1.4%	$388.86	150,871	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Tax liability	$1,144,067	-1,499	-0.99%	$763.22	149,372	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Options Exercise	$2,162,992	+8,294	+5.6%	$260.79	157,666	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Tax liability	$4,001,339	-5,239	-3.3%	$763.76	152,427	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Options Exercise	$1,207,119	+4,112	+2.7%	$293.56	156,539	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Tax liability	$2,067,498	-2,707	-1.7%	$763.76	153,832	29 Jul 2024	Direct
transaction	CTAS	Common Stock	Sale	$5,268,889	-6,896	-4.5%	$764.05	146,936	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	-6,876	-33%	$0.000000	13,753	29 Jul 2024	Common Stock	6,876	$388.86	Direct	F3
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-2,059	-33%	$0.000000	4,120	29 Jul 2024	Common Stock	2,059	$388.86	Direct	F3
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-8,294	-100%	$0.000000^*	0	29 Jul 2024	Common Stock	8,294	$260.79	Direct	F3
transaction	CTAS	Stock Option (Right to Buy)	Options Exercise	$0	-4,112	-50%	$0.000000	4,112	29 Jul 2024	Common Stock	4,112	$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.