Cintas CEO Sells Shares

Cintas CEO sells 35,599 shares valued at $202.71 Cintas Corporation's CEO, Todd M. Schneider, disposed of 35,599 shares of common stock on August 10. The transaction was a non-discretionary sell-to-cover event to satisfy tax withholding requirements triggered by th

Cintas CEO sells 35,599 shares valued at $202.71

Cintas Corporation’s CEO, Todd M. Schneider, disposed of 35,599 shares of common stock on August 10.

The transaction was a non-discretionary sell-to-cover event to satisfy tax withholding requirements triggered by the vesting of restricted stock awards.

Schneider remains a major individual shareholder with a combined direct and indirect stake of 694,873 shares, valued at $140.9 million, and representing close to 0.2% of the company’s total market capitalization of $82.1 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *