Todd M. Schneider - Jul 26, 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
Stock symbol
CTAS
Transactions as of
Jul 26, 2024
Transactions value $
-$11,936,146
Form type
4
Date filed
7/30/2024, 04:21 PM
Previous filing
Apr 1, 2024
Next filing
Aug 14, 2024

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 Jul 26, 2024 Direct F1
transaction CTAS Common Stock Options Exercise $2.67M +6.88K +4.68% $388.86 154K Jul 29, 2024 Direct
transaction CTAS Common Stock Tax liability -$3.82M -5K -3.25% $764.73 149K Jul 29, 2024 Direct
transaction CTAS Common Stock Options Exercise $801K +2.06K +1.38% $388.86 151K Jul 29, 2024 Direct
transaction CTAS Common Stock Tax liability -$1.14M -1.5K -0.99% $763.22 149K Jul 29, 2024 Direct
transaction CTAS Common Stock Options Exercise $2.16M +8.29K +5.55% $260.79 158K Jul 29, 2024 Direct
transaction CTAS Common Stock Tax liability -$4M -5.24K -3.32% $763.76 152K Jul 29, 2024 Direct
transaction CTAS Common Stock Options Exercise $1.21M +4.11K +2.7% $293.56 157K Jul 29, 2024 Direct
transaction CTAS Common Stock Tax liability -$2.07M -2.71K -1.73% $763.76 154K Jul 29, 2024 Direct
transaction CTAS Common Stock Sale -$5.27M -6.9K -4.48% $764.05 147K Jul 29, 2024 Direct F2
holding CTAS Common Stock 863 Jul 26, 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 Jul 29, 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 Jul 29, 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 Jul 29, 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 Jul 29, 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.