Sanford J. Hodes - 17 Feb 2023 Form 4 Insider Report for RYDER SYSTEM INC (R)

Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
17 Feb 2023
Net transactions value
-$135,048
Form type
4
Filing time
22 Feb 2023, 15:44:30 UTC
Previous filing
14 Feb 2023
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Options Exercise $267,862 +3,750 +15% $71.43 28,752 17 Feb 2023 Direct
transaction R common stock Sale $369,788 -3,750 -13% $98.61 25,002 17 Feb 2023 Direct F1
transaction R common stock Tax liability $33,123 -336 -1.3% $98.58 24,666 18 Feb 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction R Stock Option (right to buy) Options Exercise $0 +3,750 $0.000000* 0 17 Feb 2023 common stock 3,750 $71.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This reflects the weighted average price at which the shares were sold. The sale price ranged from $98.39 to $99.38. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
F2 Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of time-based restricted stock rights granted to the reporting person on February 18, 2020.
F3 The options vested in three equal installments on each of February 7, 2015, February 7, 2016, and February 7, 2017.