Form 4: Cintas Corp Executive Denton David Brock Reports Stock Transaction
SEC Form 4 Filing
Denton David Brock, Sr VP, Secretary & Gen Counsel of Cintas Corp, reports a transaction involving common stock to cover tax obligations.
Summary
- On August 27, 2024, Denton David Brock, Sr VP, Secretary & Gen Counsel of Cintas Corporation, reported a transaction involving the company's common stock.
- Brock transferred 61 shares of common stock to satisfy tax withholding obligations at a price of $799.59 per share.
- Following the transaction, Brock directly owns 6,242 shares of Cintas common stock and indirectly owns 155 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate a significant change in the executive's holdings or confidence in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests. These filings are closely watched to gauge sentiment and potential future actions.
Key Dates
| Date | Description |
|---|---|
| 08/27/2024 | Date of stock transaction |
| 08/29/2024 | Date of signature on the report |
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