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    SEC Form 4 filed by Director Carnahan Karen L

    12/17/25 8:03:41 PM ET
    $CTAS
    Garments and Clothing
    Industrials
    Get the next $CTAS alert in real time by email
    SEC FORM 4 SEC Form 4
    FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
      
    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
      
    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
    1. Name and Address of Reporting Person*
    CARNAHAN KAREN L

    (Last) (First) (Middle)
    P.O. BOX 625737

    (Street)
    CINCINNATI OH 45262

    (City) (State) (Zip)
    2. Issuer Name and Ticker or Trading Symbol
    CINTAS CORP [ CTAS ]
    5. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    X Director 10% Owner
    Officer (give title below) Other (specify below)
    3. Date of Earliest Transaction (Month/Day/Year)
    08/15/2023
    4. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
    1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V Amount (A) or (D) Price
    Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
    Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
    Phantom Stock Units (1)(2) 08/15/2023 A 13.14 (1) (1) Common Stock 13.14 $122.17 4,769.23 D
    Phantom Stock Units (1)(2) 10/24/2023 A 227.35 (1) (1) Common Stock 227.35 $126.46 4,996.58 D
    Phantom Stock Units (1)(2) 11/14/2023 A 12.34 (1) (1) Common Stock 12.34 $136.64 5,008.92 D
    Phantom Stock Units (1)(2) 01/16/2024 A 195.39 (1) (1) Common Stock 195.39 $147.14 5,204.31 D
    Phantom Stock Units (1)(2) 02/14/2024 A 11.47 (1) (1) Common Stock 11.47 $153.17 5,215.78 D
    Phantom Stock Units (1)(2) 04/09/2024 A 169.69 (1) (1) Common Stock 169.69 $169.43 5,385.47 D
    Phantom Stock Units (1)(2) 05/15/2024 A 10.5 (1) (1) Common Stock 10.5 $173.1 5,395.97 D
    Phantom Stock Units (1)(2) 07/23/2024 A 152.11 (1) (1) Common Stock 152.11 $189.01 5,548.08 D
    Phantom Stock Units (1)(2) 08/15/2024 A 11.27 (1) (1) Common Stock 11.27 $191.94 5,559.35 D
    Phantom Stock Units (1) 10/29/2024 A 137.47 (1) (1) Common Stock 137.47 $209.14 5,696.82 D
    Phantom Stock Units (1) 11/15/2024 A 10.32 (1) (1) Common Stock 10.32 $215.2 5,707.14 D
    Phantom Stock Units (1) 01/14/2025 A 149.52 (1) (1) Common Stock 149.52 $192.28 5,856.66 D
    Phantom Stock Units (1) 02/14/2025 A 11.18 (1) (1) Common Stock 11.18 $204.22 5,867.85 D
    Phantom Stock Units (1) 04/08/2025 A 151.23 (1) (1) Common Stock 151.23 $190.11 6,019.07 D
    Phantom Stock Units (1) 05/15/2025 A 10.74 (1) (1) Common Stock 10.74 $218.49 6,029.82 D
    Phantom Stock Units (1) 07/29/2025 A 129.11 (1) (1) Common Stock 129.11 $222.68 6,158.93 D
    Phantom Stock Units (1) 08/15/2025 A 12.8 (1) (1) Common Stock 12.8 $216.55 6,171.73 D
    Phantom Stock Units (1) 10/28/2025 A 151.4 (1) (1) Common Stock 151.4 $189.89 6,323.13 D
    Phantom Stock Units (1) 12/15/2025 A 15.1 (1) (1) Common Stock 15.1 $188.45 6,338.23 D
    Explanation of Responses:
    1. Reporting Person elected to defer a portion of the Reporting Person's cash retainer fees into Phantom Stock Units pursuant to the Directors' Deferred Compensation Plan (including dividend equivalents that have been credited as additional Phantom Stock Units), each unit having a value equal to one share of Cintas Corporation common stock but are not actual shares of common stock and carry no voting rights. Phantom Stock Units are payable only in cash after termination of service as a director.
    2. On September 4, 2024, Cintas Corporation completed a four-for-one stock split of its common stock. All share amounts and stock prices have been adjusted to give effect to this stock split.
    Remarks:
    This Form 4 is the second of two Form 4s filed by the Reporting Person on the same date, December 17, 2025. The Form 4 has been split into two filings to cover all 49 individual transactions because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions.
    /s/ Karen L. Carnahan 12/17/2025
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $CTAS alert in real time by email

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