Form 4: Cintas CFO Receives Equity Compensation Grant
Insider Transaction Report
Cintas Corporation's VP & CFO, Scott Garula, was granted 4,448 restricted shares and 17,755 stock options as part of the company's equity compensation plan.
Summary
- Scott Garula, VP & CFO of Cintas Corp (CTAS), received an equity compensation grant on August 11, 2025.
- The grant includes 4,448 restricted shares of Common Stock at a price of $223.88 per share.
- Additionally, 17,755 stock options were granted with an exercise price of $223.88 and an expiration date of August 11, 2035.
- The stock options vest in three equal annual installments, starting on the third anniversary of the grant date.
- Following these transactions, Scott Garula beneficially owns 98,007 shares directly and 19 shares indirectly through a 401(k) plan.
Sentiment
Score: 6
Explanation: The filing indicates a standard equity compensation grant to a key executive, which is a neutral to slightly positive event as it aligns management's long-term interests with shareholder value, without indicating immediate market conviction.
Positives
- Equity compensation aligns management's interests with long-term shareholder value.
- The grant of restricted shares and stock options incentivizes the CFO to contribute to the company's future performance.
Future Outlook
NA
Industry Context
This filing reflects a standard practice of executive compensation within publicly traded companies, aiming to align management incentives with long-term shareholder value. It does not provide specific insights into broader industry trends or competitive dynamics.
Stakeholder Impact
- Shareholders: Potential long-term benefit from increased management alignment with company performance.
Next Steps
- Stock options will vest in three equal installments on the third, fourth, and fifth anniversaries of the grant date (August 11, 2028, 2029, and 2030).
- Stock options will expire on August 11, 2035.
Key Dates
| Date | Description |
|---|---|
| 08/11/2025 | Grant date for restricted shares and stock options. |
| 08/13/2025 | Signature date of reporting person's attorney-in-fact. |
| 08/11/2028 | First vesting date for stock options (one-third of total). |
| 08/11/2029 | Second vesting date for stock options (one-third of total). |
| 08/11/2030 | Third vesting date for stock options (one-third of total). |
| 08/11/2035 | Expiration date for stock options. |
Keywords
Cintas, CTAS, Scott Garula, SEC Form 4, Insider Transaction, Equity Compensation, Stock Options, Restricted Stock, CFO, Corporate Governance
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