Francisco Lopez Jr. - 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
-$747,597
Form type
4
Filing time
13 Feb 2024, 17:44:16 UTC
Previous filing
03 Jan 2024
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Award $0 +12,028 +31% $0.000000 50,739 09 Feb 2024 Direct F1
transaction R common stock Tax liability $560,771 -4,788 -9.4% $117.12 45,951 09 Feb 2024 Direct F2
transaction R common stock Award $0 +3,415 +7.4% $0.000000 49,366 09 Feb 2024 Direct F3
transaction R common stock Tax liability $57,389 -490 -0.99% $117.12 48,876 10 Feb 2024 Direct F4
transaction R common stock Tax liability $66,876 -571 -1.2% $117.12 48,305 11 Feb 2024 Direct F5
transaction R common stock Tax liability $62,562 -526 -1.1% $118.94 47,779 12 Feb 2024 Direct F6
* 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), 12,028 shares were earned out of the 6,014 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 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 10, 2023.
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 11, 2022.
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 12, 2021.