Form 4: Director Ronald Tysoe Increases Phantom Stock in Cintas

Director Ronald W. Tysoe acquired 99.76 phantom stock units through the Cintas Corporation Directors' Deferred Compensation Plan.

Summary

• Director Ronald W. Tysoe elected to defer a portion of his cash retainer fees into 99.76 phantom stock units.
• The transaction occurred on June 15, 2026, at a price of $174.74 per unit.
• Following this transaction, the director holds a total of 38,838.7 phantom stock units.
• Phantom stock units represent the value of common stock but do not carry voting rights and are payable only in cash upon termination of service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Demonstrates alignment of director interests with long-term company performance through deferred compensation.

Negatives

• None identified; this is a routine compensation deferral.

Risks

• Value of phantom stock units is tied to the market performance of Cintas common stock.

Future Outlook

No specific forward-looking guidance provided; the filing relates to routine director compensation deferral.

Management Comments

• The reporting person elected to defer a portion of cash retainer fees into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice, signaling confidence in the issuer's long-term equity value.

Comparison to Industry Standards

• The use of phantom stock for director compensation is consistent with standard practices among S&P 500 companies to align board incentives with shareholder interests.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard internal compensation mechanism.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

Cintas, CTAS, Form 4, Insider Trading, Director Compensation, Phantom Stock