John J. Diez - 09 Feb 2024 Form 4 Insider Report for RYDER SYSTEM INC (R)

Signature
/s/ Robert D. Fatovic, by power of attorney
Issuer symbol
R
Transactions as of
09 Feb 2024
Net transactions value
-$2,388,677
Form type
4
Filing time
13 Feb 2024, 17:11:47 UTC
Previous filing
03 Aug 2023
Next filing
13 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Award $0 +29,610 +28% $0.000000 136,497 09 Feb 2024 Direct F1
transaction R common stock Tax liability $1,370,304 -11,700 -8.6% $117.12 124,797 09 Feb 2024 Direct F2
transaction R common stock Award $0 +11,486 +9.2% $0.000000 136,283 09 Feb 2024 Direct F3
transaction R common stock Tax liability $529,617 -4,522 -3.3% $117.12 131,761 09 Feb 2024 Direct F4
transaction R common stock Award $0 +7,855 +6% $0.000000 139,616 09 Feb 2024 Direct F5
transaction R common stock Tax liability $159,400 -1,361 -0.97% $117.12 138,255 10 Feb 2024 Direct F6
transaction R common stock Tax liability $175,329 -1,497 -1.1% $117.12 136,758 11 Feb 2024 Direct F7
transaction R common stock Tax liability $154,027 -1,295 -0.95% $118.94 135,471 12 Feb 2024 Direct F8, F9
* 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), 29,610 shares were earned out of the 14,805 shares that were granted on February 12, 2021. The PBRSRs vested upon Board approval.
F2 Represents 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 12, 2021.
F3 With respect to performance-based restricted stock rights (PBRSRs), 11,486 shares were earned out of the 5,743 shares that were granted on May 6, 2021. The PBRSRs vested upon Board approval.
F4 Represents 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 May 6, 2021.
F5 Represents time-based restricted stock rights (TVRSRs) granted to the reporting person by the Company, which vest ratably over a term of three years.
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 10, 2023.
F7 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 .
F8 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 12, 2021.
F9 Includes 8 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.