Form 4: Cintas Corp Director Gerald Adolph Exercises Stock Options and Sells Shares
SEC Form 4
Director Gerald Adolph exercised stock options and sold shares of Cintas Corp on July 24, 2024.
Summary
- On July 24, 2024, Gerald Adolph, a director of Cintas Corp, exercised stock options to acquire 2,554 shares of common stock at a price of $71.17 per share.
- Following the exercise of the options, Adolph sold 1,100 shares at $765.72 and 238 shares at $765.05.
- After these transactions, Adolph directly owns 31,452 shares of Cintas Corp.
- The stock option was granted under the Cintas Corporation's 2005 Equity Compensation Plan and fully vested on October 21, 2015.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company directors.
Key Dates
| Date | Description |
|---|---|
| October 21, 2015 | Stock option fully vested |
| July 24, 2024 | Earliest transaction date: stock option exercise and share sales |
| July 26, 2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.