Cintas Hit a Record 51% Margin. Here's Why Five Insider Filings Don't Change the Story
This disposition was non-discretionary and triggered by tax withholding obligations from restricted share vesting.
Overview
David Brock Denton, EVP and general counsel of Cintas Corporation (NASDAQ:CTAS), disposed of 3,479 shares on August 10, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($202.71); post-transaction value based on the August 10 market close ($202.71).
Details
Cintas Corporation is a leading specialty business services provider with a market capitalization of $82.1 billion and TTM revenues of $11.3 billion, demonstrating substantial scale and market presence. The company's diversified service portfolio and recurring revenue model provide stable cash flows and competitive advantages through high customer switching costs and operational efficiency. With 48,100 employees and established operations across North America and Latin America, Cintas maintains a strong market position in the professional services sector.
Source
Originally published at www.fool.com.