CTAS insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Todd Schneider CEO and Director, Director	35,599	$202.71	4.9%	695K	Aug 10, 2026	Aug 12, 2026
Scott Farmer Executive Chairman, Director	15,923	$202.71	under 0.1%	56.04M	Aug 10, 2026	Aug 12, 2026
Jim Rozakis President & COO	4,041	$202.71	1.4%	285K	Aug 10, 2026	Aug 13, 2026
David Denton EVP, Secretary & Gen Counsel	3,479	$202.71	11%	29K	Aug 10, 2026	Aug 12, 2026
Scott Garula EVP & CFO	2,958	$202.71	2.7%	106K	Aug 10, 2026	Aug 12, 2026

What stands out

Two directors sold more than 25% of vested holdings: Melanie Barstad (35% of holdings, $1.9M, none under a disclosed plan) and Ronald Tysoe (41% of holdings, $1.7M, none under a disclosed plan).Melanie Barstad: largest sale, Jul 16, 2026 · Ronald Tysoe: largest sale, Jul 22, 2026

Selling rose in the last 90 days but the year remains well below the 5-year average: officers and directors sold 14K shares, against an average of 1.5K per 90 days earlier in the period. Most of it was Melanie Barstad (9.1K shares in the last 90 days, 35% of holdings) and Ronald Tysoe (4.4K shares in the last 90 days, 20% of holdings); 0% of these sales were under disclosed plans.Melanie Barstad: largest recent sale, Jul 16, 2026 · Ronald Tysoe: largest recent sale, Jul 22, 2026

Tax withholding outweighed market sales: the company withheld $13.2M of officers' and directors' shares for taxes, against $3.6M sold on the open market. The largest was Todd Schneider ($7.2M withheld).Largest withholding, Aug 10, 2026

Percentages cover 11 of 12 officers and directors. Left out: Robert Coletti (most holdings were last confirmed in 2022). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Melanie Barstad

Director

Sold 35%, but 11K shares were added (mostly vesting), so the stake grew

35% · $1.9MNo plan disclosed

Ronald Tysoe

Director

Sold 41%, but 11K shares were added (mostly vesting), so the stake grew

41% · $1.7MNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Common questions

Is the Cintas CEO selling stock?

No. Todd Schneider reported no open-market sales in the past 12 months.

Why are Cintas insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Cintas insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Cintas insiders sell?

Less than 0.1% overall. As a group they still hold 97% of their starting shares. The biggest individual seller, Melanie Barstad, sold shares equal to 35% of starting holdings, but more shares were added, so the stake grew. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold2 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Melanie Barstad Director	$1.9M 9.1K shares	35%	No plan disclosed
Ronald Tysoe Director	$1.7M 9K shares	41%	No plan disclosed

The full ownership picture12 of 12 insiders fully reconciled · 12 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Scott Farmer

Minor difference of 97 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Executive Chairman, Director

57.66M

56.04M

no sales

Vesting, gifts, unvested awards and holding lines for Scott Farmer

0shares vested or exercised

−39Kgifted (net of own trusts)

−16Kwithheld by the company for taxes

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	1,847,582	87,899
Limited Liability Limited Partnership	Common Stock	33,505,548	33,505,548
Limited Liability Companies	Common Stock	20,656,552	21,138,552
Trusts	Common Stock	1,294,676	953,100
Limited Partnership	Common Stock	335,520	335,520
Spouse	Common Stock	18,304	18,304
ESOP	Common Stock	4,752	4,849

Additional holdings last reported Aug 10, 2023, not confirmed since: 33,505,548 shares. Not included in any total or percentage on this page.

Limited Liability Partnership, Common Stock: 33,505,548 shares, last reported Aug 10, 2023

Reconciliation: minor difference of 97 shares. Difference is under 0.5% of holdings.

Robert Coletti

Most of this insider's holdings were last confirmed in 2022. Confirmed in the last three years: 372,344 shares. Not confirmed since: 490,932 shares, left out of this row. "Still held" is not shown because it would cover only the smaller, confirmed part.

Director

924K

372K

see note

Vesting, gifts, unvested awards and holding lines for Robert Coletti

+13Kshares vested or exercised

−19Kgifted (net of own trusts)

52K → 52Kunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	13,697	26,744
Trusts	Common Stock	910,532	345,600

Additional holdings last reported Oct 25, 2022, not confirmed since: 490,932 shares. Not included in any total or percentage on this page.

Limited Partnership, Common Stock: 490,932 shares, last reported Oct 25, 2022

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,352	$125.38	Oct 25, 2033	$175K
1,393	$207.85	Oct 30, 2034	$0
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Todd Schneider

Minor difference of 20 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

CEO and Director, Director

673K

695K

no sales

Vesting, gifts, unvested awards and holding lines for Todd Schneider

0shares vested or exercised

0gifted (net of own trusts)

−36Kwithheld by the company for taxes

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	669,062	691,407
401(k) Plan	Common Stock	3,446	3,466

Additional holdings last reported Jul 30, 2021, not confirmed since: 159,896 shares. Not included in any total or percentage on this page.

GRAT Trust, Common Stock: 125,072 shares, last reported Oct 15, 2019
GRAT II Trust, Common Stock: 34,824 shares, last reported Jul 30, 2021

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
55,012	$97.22	Jul 27, 2031	$5.6M
16,480	$97.22	Jul 27, 2031	$1.7M
27,508	$97.22	Jul 27, 2031	$2.8M
8,240	$97.22	Jul 27, 2031	$846K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Reconciliation: minor difference of 20 shares. Difference is under 0.5% of holdings.

Jim Rozakis

Minor difference of 113 shares. Difference is under 0.5% of holdings.

President & COO

278K

285K

no sales

Vesting, gifts, unvested awards and holding lines for Jim Rozakis

0shares vested or exercised

0gifted (net of own trusts)

−4Kwithheld by the company for taxes

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	275,113	282,322
401(k) plan	Common Stock	2,784	2,897

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
33,800	$97.22	Jul 27, 2031	$3.5M
37,284	$189.91	Aug 12, 2034	$373K
23,326	$223.88	Aug 11, 2035	$0
16,900	$97.22	Jul 27, 2031	$1.7M
27,772	$99.46	Jul 26, 2032	$2.8M
35,995	$202.71	Aug 10, 2036	$0
5,988	$202.71	Aug 10, 2036	$0

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Reconciliation: minor difference of 113 shares. Difference is under 0.5% of holdings.

Scott Garula

Minor difference of 1 share. Difference is under 0.5% of holdings.

EVP & CFO

98K

106K

no sales

Vesting, gifts, unvested awards and holding lines for Scott Garula

0shares vested or exercised

0gifted (net of own trusts)

−3.2Kwithheld by the company for taxes

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	98,007	105,495
401(k) plan	Common Stock	19	20

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
19,136	$189.91	Aug 12, 2034	$191K
33,792	$122.54	Aug 10, 2033	$2.6M
6,972	$124.27	Jun 30, 2033	$527K
32,056	$99.46	Jul 26, 2032	$3.2M
42,236	$97.22	Jul 27, 2031	$4.3M
8,272	$73.39	Jul 28, 2030	$1.0M
17,755	$223.88	Aug 11, 2035	$0

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Reconciliation: minor difference of 1 share. Difference is under 0.5% of holdings.

Joseph Scaminace

Director

43K

44K

no sales

Vesting, gifts, unvested awards and holding lines for Joseph Scaminace

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	43,093	43,596

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,352	$125.38	Oct 25, 2033	$175K
1,393	$207.85	Oct 30, 2034	$0
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

David Denton

Minor difference of 207 shares. Small increase from a 401(k) plan. Small increase from a 401(k) plan.

EVP, Secretary & Gen Counsel

27K

29K

no sales

Vesting, gifts, unvested awards and holding lines for David Denton

0shares vested or exercised

0gifted (net of own trusts)

−3.5Kwithheld by the company for taxes

none reportedunvested awards, start → end

Small increase from a 401(k) plan. Filing

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	25,857	28,096
401(k) plan	Common Stock	766	973

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
28,472	$189.91	Aug 12, 2034	$285K
15,552	$223.88	Aug 11, 2035	$0
17,999	$202.71	Aug 10, 2036	$0
4,435	$202.71	Aug 10, 2036	$0

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Reconciliation: minor difference of 207 shares. Small increase from a 401(k) plan.

Melanie Barstad

Director

26K

−9.1K

27K

+1.9%

Vesting, gifts, unvested awards and holding lines for Melanie Barstad

+11Kshares vested or exercised

0gifted (net of own trusts)

−1.4Kwithheld by the company for taxes

18K → 18Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	26,089	26,592

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,352	$125.38	Oct 25, 2033	$175K
1,393	$207.85	Oct 30, 2034	$0
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Karen Carnahan

New Form 3 filed 2019-07-03; earlier filings set aside.

Director

25K

no sales

Vesting, gifts, unvested awards and holding lines for Karen Carnahan

0shares vested or exercised

0gifted (net of own trusts)

28K → 29Kunvested awards, start → end

New Form 3 filed 2019-07-03; earlier filings set aside.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	24,753	25,256

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,352	$125.38	Oct 25, 2033	$175K
1,393	$207.85	Oct 30, 2034	$0
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Ronald Tysoe

Director

22K

−9K

22K

+2.3%

Vesting, gifts, unvested awards and holding lines for Ronald Tysoe

+11Kshares vested or exercised

0gifted (net of own trusts)

−1.5Kwithheld by the company for taxes

192K → 192Kunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	21,945	22,448

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,352	$125.38	Oct 25, 2033	$175K
1,393	$207.85	Oct 30, 2024	$0
9,560	$22.67	Oct 14, 2025	$1.7M
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Martin Mucci

Director

2.6K

3.1K

no sales

Vesting, gifts, unvested awards and holding lines for Martin Mucci

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	2,621	3,124

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,352	$125.38	Oct 25, 2033	$175K
1,393	$207.85	Oct 30, 2034	$0
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

Beverly Carmichael

Director

837

1.3K

no sales

Vesting, gifts, unvested awards and holding lines for Beverly Carmichael

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	837	1,340

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
1,476	$149.63	Jan 25, 2034	$74K
1,393	$207.85	Oct 30, 2034	$0
1,694	$183.90	Oct 29, 2035	$27K

Estimate: options held × ($199.90 − strike price), using the most recent insider trade price on Form 4 (Jul 22, 2026), not a market close.

12 of 12 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (7 exactly, 5 with a minor or footnoted difference). Percentages cover 11 of 12 officers and directors. Left out: Robert Coletti (most holdings were last confirmed in 2022). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$3.6M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $3.6M across 18,171 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $3.6M

Sales with no 10b5-1 plan and no tax reference in the filing. $1.9M of it is Melanie Barstad. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Melanie Barstad, Jul 16, 2026

Taxes

65,174 shares ($13.2M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Melanie Barstad Director	9.1K	$1.9M	0%	52%	Jul 16, 2026 to Jul 16, 2026
Ronald Tysoe Director	9K	$1.7M	0%	48%	Apr 20, 2026 to Jul 22, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$0	$0	$0	$0
Apr 2026	$835K	$0	$0	$835K
May 2026	$0	$0	$0	$0
Jun 2026	$0	$0	$0	$0
Jul 2026	$2.7M	$0	$0	$2.7M
Aug 2026	$0	$0	$0	$0
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about one-twelfth of the 5-year average. 2 insiders sold; the average is 4 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	18K	2	$3.6M
Oct 8, 2025 1 year earlier	33K	3	$7.1M
Oct 8, 2024 2 years earlier	93K	6	$15.5M
Oct 9, 2023 3 years earlier	113K	5	$13.1M
Oct 9, 2022 4 years earlier	167K	3	$17.3M
Oct 9, 2021 5 years earlier	660K	5	$58.8M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Scott Farmer: minor difference of 97 shares. Difference is under 0.5% of holdings.

Todd Schneider: minor difference of 20 shares. Difference is under 0.5% of holdings.

Jim Rozakis: minor difference of 113 shares. Difference is under 0.5% of holdings.

Scott Garula: minor difference of 1 share. Difference is under 0.5% of holdings.

David Denton: minor difference of 207 shares. Small increase from a 401(k) plan.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology701 filings from SEC EDGAR, and how we read them

All 701 Forms 3, 4 and 5 filed for Cintas (SEC CIK 723254) from Jul 29, 2003 to Sep 17, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 4-for-1 stock split on or before Sep 4, 2024 (split date stated in a footnote). Splits aren't reported as transactions; 22 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (18)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Michael Hansen	Aug 14, 2024	392,212 shares, last reported balance as of Aug 12, 2024
Gerald Adolph	Jul 26, 2024	125,808 shares, last reported balance as of Jul 24, 2024
John Barrett	May 16, 2024	97,512 shares, last reported balance as of May 14, 2024
Michael Thompson	Aug 14, 2023	314,448 shares, last reported balance as of Aug 10, 2023
Thomas Frooman	Aug 2, 2021	387,916 shares, last reported balance as of Aug 2, 2021
James Johnson	Aug 6, 2020	39,396 shares, last reported balance as of Aug 5, 2020
James Holloman	Aug 1, 2018	602,948 shares, last reported balance as of Jul 31, 2018
Paul Adler	Jul 26, 2018	64,676 shares, last reported balance as of Jul 24, 2018
Richard Farmer	Jul 14, 2017	18,437,420 shares, last reported balance as of May 31, 2017
Robert Kohlhepp	Jul 14, 2016	680,196 shares, last reported balance as of Oct 27, 2015
William Gale	Dec 23, 2014	472,212 shares, last reported balance as of Dec 23, 2014
Summer Hill Partners, LLLP	Nov 4, 2014	37,505,548 shares, last reported balance as of Oct 31, 2014
David Phillips	Oct 19, 2011	34,496 shares, last reported balance as of Oct 18, 2011
Gerald Dirvin	Oct 20, 2009	115,524 shares, last reported balance as of Oct 20, 2009
Paul Carter	Oct 20, 2009	26,556 shares, last reported balance as of Oct 20, 2009
Joyce Hergenhan	Oct 20, 2009	22,556 shares, last reported balance as of Oct 20, 2009
Roger Howe	Oct 25, 2007	3,938,736 shares, last reported balance as of Oct 23, 2007
Robert Herbold	Oct 20, 2005	4,000 shares, last reported balance as of Oct 18, 2005

Cintas insiders sold $3.6M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Cintas CEO selling stock?

Why are Cintas insiders selling?

Are any Cintas insiders buying?

How much of their stake did Cintas insiders sell?

The evidence

No plan disclosed · $3.6M

Taxes

Sales by month