Form 4: Cintas Corp Executive Reports Changes in Beneficial Ownership Following Spouse's Death

A Cintas Corp executive, Robert E. Coletti, reported changes in his beneficial ownership of company stock following the death of his spouse on December 9, 2024.

Summary

• Robert E. Coletti, an officer and director at Cintas Corp, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• The changes are a result of the death of Mr. Coletti's spouse on December 9, 2024.
• Shares previously reported as indirectly owned through his spouse and a limited liability company controlled by his spouse are no longer reportable by Mr. Coletti.
• Shares previously held by Mr. Coletti's spouse were transferred to trusts for the benefit of Mr. Coletti and his family.
• Mr. Coletti now indirectly owns 910,532 shares through these trusts.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to a personal event and does not reflect any positive or negative sentiment regarding the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is required when there are changes in beneficial ownership by company insiders. It is a routine filing and does not indicate any unusual activity.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for all publicly traded companies in the United States.
• The reporting requirements are consistent across all companies and are designed to ensure transparency in insider trading activities.
• The changes reported by Mr. Coletti are due to a personal event and do not reflect any change in the company's performance or outlook.

Stakeholder Impact

• The changes in ownership do not have a direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

beneficial ownership, Form 4, Cintas Corp, stock ownership, insider trading, Robert E. Coletti, trusts, SEC filing