Karen M. Jones - Feb 9, 2024 Form 4 Insider Report for RYDER SYSTEM INC (R)

Signature
/s/ Robert D. Fatovic, by power of attorney
Stock symbol
R
Transactions as of
Feb 9, 2024
Transactions value $
-$565,340
Form type
4
Date filed
2/13/2024, 05:39 PM
Previous filing
Aug 10, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction R common stock Award $0 +9.25K +159.13% $0.00 15.1K Feb 9, 2024 Direct F1
transaction R common stock Tax liability -$433K -3.7K -24.54% $117.12 11.4K Feb 9, 2024 Direct F2
transaction R common stock Award $0 +2.15K +18.92% $0.00 13.5K Feb 9, 2024 Direct F3
transaction R common stock Tax liability -$38.4K -328 -2.43% $117.12 13.2K Feb 10, 2024 Direct F4
transaction R common stock Tax liability -$47.9K -409 -3.1% $117.12 12.8K Feb 11, 2024 Direct F5
transaction R common stock Tax liability -$46K -387 -3.03% $118.94 12.4K Feb 12, 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), 9,252 shares were earned out of the 4,626 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.