Form 4: Cintas Corp Director Ronald W. Tysoe Reports Stock Transactions
SEC Form 4 Filing
Director Ronald W. Tysoe reports exercising stock options and selling shares of Cintas Corp common stock on May 7, 2024.
Summary
- Ronald W. Tysoe, a director of Cintas Corp, reported transactions involving the company's common stock on May 7, 2024.
- Tysoe exercised stock options to acquire 2,554 shares at a price of $71.17 per share.
- Following the exercise, Tysoe disposed of shares through two sales: 68 shares at $693.96 and 2,223 shares at $693.95.
- Additionally, 263 shares were disposed of at $693.4.
- After these transactions, Tysoe beneficially owns 6,655 shares of Cintas Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, and such filings are common for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of earliest transaction: exercise of stock options and sale of common stock. |
| 05/09/2024 | Date of signature for the Form 4 filing. |
| 10/21/2024 | Expiration date of the stock options. |
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