Coletti Robert E., serving as Assistant Secretary, has filed 136 Form 4 transactions, all tied to a single issuer: Cintas Corporation (CTAS). The pattern is overwhelmingly one of accumulation through compensation and option exercises, not discretionary market activity. Across all filings, there are zero open-market purchases (code P) and zero open-market sales (code S), with total acquired value reaching approximately $1.77 million. The dominant codes are "A" (grants or awards) and "M" (option exercises), which are mechanical or compensatory in nature, alongside occasional "G" (gifts) and "J" (other) entries that involve no cash consideration.
The recent trade history reinforces this non-discretionary bias. Between May 2025 and July 2026, Coletti received a steady stream of restricted stock awards, typically in the $4,000–$5,000 range on quarterly dates (e.g., May 15, 2025 at $4,138.20; August 15, 2025 at $4,833.40; December 15, 2025 at $4,903.47), punctuated by larger annual grants of roughly $25,000 (July 29, 2025; October 28, 2025; January 20, 2026; April 14, 2026; July 28, 2026). The only significant cash-value event was an option exercise on April 9, 2026, totaling $339,463.36 across two tranches ($285,850.80 and $53,612.56), which converted derivative holdings into common stock. Two gifts in December 2025 and January 2026, both valued at $0, represent transfers rather than sales.
Notably, there is no evidence of any open-market selling or buying in the recent window or across the full filing history. The absence of "S" or "P" codes suggests Coletti's position changes are driven entirely by corporate compensation schedules, option expirations, and tax-related mechanics, rather than a directional bet on CTAS shares. The trajectory is one of steady, scheduled accumulation through equity awards, with the April 2026 option exercise adding a substantial block of shares to his holdings.
AI-assisted summary