ROBERT E. SANCHEZ - 07 Feb 2025 Form 4 Insider Report for RYDER SYSTEM INC (R)

Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
07 Feb 2025
Transactions value $
-$6,761,508
Form type
4
Filing time
11 Feb 2025, 21:25:51 UTC
Previous filing
29 Jan 2025
Next filing
25 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Award $0 +84.8K +67.09% $0.00 211K 07 Feb 2025 Direct F1
transaction R common stock Tax liability -$5.27M -33.4K -15.81% $157.93 178K 07 Feb 2025 Direct F2
transaction R common stock Award $0 +17.7K +9.97% $0.00 196K 07 Feb 2025 Direct F3
transaction R common stock Tax liability -$438K -2.78K -1.42% $157.93 193K 09 Feb 2025 Direct F4
transaction R common stock Tax liability -$490K -3.11K -1.61% $157.51 190K 10 Feb 2025 Direct F5
transaction R common stock Tax liability -$559K -3.53K -1.86% $158.18 186K 11 Feb 2025 Direct F6
holding R common stock 373K 07 Feb 2025 The Robert E. Sanchez Revocable Trust
holding R common stock 28K 07 Feb 2025 By Ryder Employee Savings Plan
holding R common stock 3.63K 07 Feb 2025 By Ryder Deferred Compensation Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 With respect to performance-based restricted stock rights (PBRSRs), 84,794 shares were earned out of the 42,397 shares that were granted on February 11, 2022. The PBRSRs vested upon Board approval.
F2 Represent shares of common stock withheld by the Company for the payment of taxes due upon the vesting of PBRSRs granted to the reporting person on February 11, 2022.
F3 Represents time-based restricted stock rights (TVRSRs) granted to the reporting person by the Company, which vest ratably over a term of three years.
F4 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 9, 2024.
F5 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 10, 2023.
F6 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 11, 2022.