Director Melanie W. Barstad of Cintas Corporation filed a statement of changes in beneficial ownership on October 29, 2026, reporting the acquisition of 148.4 Phantom Stock Units on October 27, 2026, under the company's Directors' Deferred Compensation Plan.

Key Highlights

  • Reporting person: Melanie W. Barstad, identified as a Director of Cintas Corporation (NASDAQ:CTAS).
  • Transaction date: October 27, 2026, with the filing submitted on October 29, 2026.
  • Units acquired: 148.4 Phantom Stock Units acquired (transaction code A) at a price of $214.8 per unit.
  • Total holdings following transaction: 4,895.22 Phantom Stock Units held directly after the reported transaction.
  • Nature of units: Each unit carries a value equal to one share of Cintas Corporation common stock but represents no actual shares and carries no voting rights.
  • Settlement terms: Phantom Stock Units are payable only in cash after termination of service as a director, according to the filing.

Barstad's Deferred Compensation Election Under the Cintas Directors' Plan

According to the filing, Melanie W. Barstad elected to defer a portion of her cash retainer fees into Phantom Stock Units pursuant to the Cintas Corporation Directors' Deferred Compensation Plan. The 148.4 units reported include dividend equivalents that have been credited as additional Phantom Stock Units, as disclosed in the filing's explanatory footnote. The price per unit at the time of the transaction was listed as $214.8.

Cintas Corporation, a uniform services and workplace supplies company listed on NASDAQ under the ticker CTAS, maintains a deferred compensation arrangement for its directors under which elected deferrals are tracked as phantom units rather than actual equity. The filing makes clear that these units are not actual shares of common stock and carry no voting rights. Following this transaction, Barstad's total direct beneficial ownership of Phantom Stock Units stands at 4,895.22, as reported in Table II of the filing. The filing was signed by Brock Denton as attorney-in-fact for Melanie W. Barstad on October 29, 2026.

What Was Disclosed

The filing disclosed Director Melanie W. Barstad's acquisition of 148.4 Phantom Stock Units in Cintas Corporation on October 27, 2026, at $214.8 per unit under the Directors' Deferred Compensation Plan, bringing her total to 4,895.22 units held directly.