Director Robert E. Coletti filed a Form 4 with the SEC on October 29, 2026, reporting multiple transactions in Cintas Corporation (NASDAQ:CTAS) securities dated October 27 and October 28, 2026.
Key Highlights
- Restricted share grant: Coletti acquired 459 shares of common stock on October 28, 2026, at $0, pursuant to Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan, cliff vesting on the first anniversary of the grant date.
- Stock option grant: Coletti received 1,648 stock options (right to buy) on October 28, 2026, at an exercise price of $212.81, expiring October 28, 2036, also cliff vesting on the first anniversary of the grant date.
- Phantom Stock Units: On October 27, 2026, Coletti acquired 116.38 Phantom Stock Units at a price of $214.8 per unit, bringing his total Phantom Stock Unit holdings to 11,509.23 units, payable only in cash after termination of service as a director.
- Direct beneficial ownership: Following the reported transactions, Coletti directly holds 27,203 shares of common stock.
- Indirect holdings: Coletti indirectly holds 345,600 shares through trusts for the benefit of himself and his family, with beneficial ownership disclaimed except to the extent of any pecuniary interest.
Coletti's October 2026 Director Awards and Deferred Compensation Activity at Cintas
According to the filing, Robert E. Coletti, identified as a director of Cintas Corporation (NASDAQ:CTAS), reported three distinct types of transactions. On October 28, 2026, he received 459 restricted shares of common stock at no cost under Cintas Corporation's 2016 Amended and Restated Equity and Incentive Compensation Plan. The filing states these shares "cliff vest on the first anniversary of the grant date." Following this acquisition, Coletti's direct holdings in common stock stood at 27,203 shares.
On the same date, the filing discloses that Coletti was granted 1,648 stock options with a right-to-buy exercise price of $212.81 per share, expiring on October 28, 2036. These options also cliff vest on the first anniversary of the grant date and were issued under the same 2016 plan. The options are recorded as directly owned and represent Coletti's full current option position following the reported transaction.
Separately, on October 27, 2026, the filing reports that Coletti acquired 116.38 Phantom Stock Units at $214.8 each, under Cintas Corporation's Directors' Deferred Compensation Plan. According to the filing, this deferral reflects a portion of Coletti's cash retainer fees, with dividend equivalents also credited as additional Phantom Stock Units. The filing notes that each unit carries a value equal to one share of Cintas common stock but is not an actual share and carries no voting rights, and that Phantom Stock Units "are payable only in cash after termination of service as a director." His total Phantom Stock Unit balance following this transaction is reported as 11,509.23 units.
What Was Disclosed
The filing discloses director Robert E. Coletti's acquisition of 459 restricted shares, 1,648 stock options at $212.81 expiring in 2036, and 116.38 Phantom Stock Units at $214.8, along with his resulting direct ownership of 27,203 common shares and indirect ownership of 345,600 shares through trusts.



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