Francisco Lopez Jr. - 01 Aug 2023 Form 4 Insider Report for RYDER SYSTEM INC (R)

Role: EVP & Chief HR Officer
Signature: /s/ Robert D. Fatovic, by power of attorney
Issuer symbol: R
Transactions as of: 01 Aug 2023
Net transactions value: -$463,760
Form type: 4
Filing time: 03 Aug 2023, 16:27:27 UTC
Previous filing: 05 Jul 2023
Next filing: 03 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	R	common stock	Options Exercise	$190,718	+2,670	+6.9%	$71.43	41,381	01 Aug 2023	Direct
transaction	R	common stock	Options Exercise	$334,298	+3,575	+8.6%	$93.51	44,956	01 Aug 2023	Direct
transaction	R	common stock	Options Exercise	$441,730	+7,985	+18%	$55.32	52,941	01 Aug 2023	Direct
transaction	R	common stock	Sale	$1,389,915	-13,830	-26%	$100.50	39,111	01 Aug 2023	Direct	F1
transaction	R	common stock	Sale	$40,592	-400	-1%	$101.48	38,711	01 Aug 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	+2,670		$0.000000^*	0	01 Aug 2023	common stock	2,670	$71.43	Direct	F3
transaction	R	Stock Option (right to buy)	Options Exercise	$0	+3,575		$0.000000^*	0	01 Aug 2023	common stock	3,575	$93.51	Direct	F4
transaction	R	Stock Option (right to buy)	Options Exercise	$0	+7,985		$0.000000^*	0	01 Aug 2023	common stock	7,985	$55.32	Direct	F5

* 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 $100.18 to $101.17. 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	This reflects the weighted average price at which the shares were sold. The sale price ranged from $101.46 to $102.45. 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.
F3	The option vested in three equal installments of 1,335 shares on each of February 7, 2015, February 7, 2016, and February 7, 2017.
F4	The option vested in accordance with the following schedule: 1,192 vested on February 12, 2016; 1,191 vested on February 12, 2017; and 1,192 vested on February 12, 2018.
F5	The option vested in accordance with the following schedule: 2,662 vested on February 10, 2017; 2,661 vested on February 10, 2018; and 2,662 vested on February 10, 2019.