8-K
filed October 26, 2023, 7:59 PM ET
ticker CTAS
CIK 0000723254
other material
confidence high
sentiment positive
materiality 0.15
Cintas shareholders elect all director nominees, reject two ESG proposals at annual meeting
CINTAS CORP
- All 10 director nominees elected with strong support; say-on-pay approved with 97.4% of votes cast.
- Shareholders ratified Ernst & Young as independent auditor for FY2024 with 96.6% for.
- Advisory vote on executive compensation frequency set at one year (98.9% for one year).
- Two shareholder proposals—DEI data disclosure and climate risk disclosure—defeated by wide margins.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CINTAS CORP shareholders approved Advisory vote on frequency of say-on-pay at the 2023-10-24 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-10-24
Exact text from the filing
Item No. 3: The shareholders recommended, on an advisory basis, that the shareholder advisory vote on named executive officer compensation should occur every year.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CINTAS CORP shareholders rejected Shareholder proposal regarding greater disclosure of material corporate diversity, equity and inclusion data at the 2023-10-24 meeting.
- Outcome
- failed
- Meeting
- 2023-10-24
Exact text from the filing
Item No. 5: The shareholders did not approve the shareholder proposal regarding a greater disclosure of material corporate diversity, equity and inclusion data.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CINTAS CORP shareholders approved Election of Directors at the 2023-10-24 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-10-24
Exact text from the filing
Item No. 1: The shareholders elected the persons listed below as directors of the Corporation.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CINTAS CORP shareholders rejected Shareholder proposal regarding disclosure of managing climate risk through science-based targets and transition planning at the 2023-10-24 meeting.
- Outcome
- failed
- Meeting
- 2023-10-24
Exact text from the filing
Item No. 6: The shareholders did not approve the shareholder proposal regarding the disclosure of managing climate risk through science-based targets and transition planning.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CINTAS CORP shareholders approved Advisory resolution on named executive officer compensation at the 2023-10-24 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-10-24
Exact text from the filing
Item No. 2: The shareholders approved an advisory resolution on named executive officer compensation.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
CINTAS CORP shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal 2024 at the 2023-10-24 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-10-24
Exact text from the filing
Item No. 4: The shareholders approved the ratification of the selection of Ernst & Young LLP as the Corporation’s independent registered public accounting firm for fiscal 2024.
View on SEC.gov
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