Form 4: Ryder CFO Acquires Shares, Tax Withholding Reported

Ryder System's EVP and CFO, Cristina Gallo-Aquino, reported the acquisition of 3,862 common shares and the withholding of 596 shares for tax purposes.

Summary

• EVP and CFO Cristina Gallo-Aquino acquired 3,862 shares of Ryder System common stock on February 6, 2026, as time-based restricted stock rights.
• These restricted stock rights were granted by the company and are set to vest ratably over a three-year term.
• On February 7, 2026, 596 shares of common stock were withheld by the company at a price of $217.5 per share to cover tax obligations.
• This withholding was due to the vesting of previously granted time-vesting restricted stock rights (TVRSRs) that were granted on February 7, 2025.
• Following these transactions, Gallo-Aquino directly owns 29,827 shares and indirectly owns 1,440 shares through the Ryder Employee Savings Plan.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive filing, reflecting routine executive compensation and alignment of interests, with no adverse surprises. The grant of restricted stock is a positive sign of continued executive commitment.

Positives

• The acquisition of 3,862 shares through restricted stock rights indicates continued alignment of executive interests with shareholder value.
• The grant of time-based restricted stock rights, vesting over three years, suggests a long-term retention strategy for key management.

Negatives

• The withholding of 596 shares for tax purposes reduces the direct beneficial ownership, though this is a standard practice for equity compensation.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive equity grants and subsequent tax withholdings are standard practices across industries for aligning management incentives with long-term company performance. This filing reflects routine compensation mechanisms for a senior executive at Ryder System.

Related Party Transactions

• The grant of restricted stock rights from Ryder System Inc. to its EVP and CFO, Cristina Gallo-Aquino, constitutes a related party transaction.
• The withholding of shares by Ryder System Inc. for tax payment on behalf of its EVP and CFO is also a related party transaction.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the executive's long-term interests with shareholder value, potentially encouraging decisions that benefit the stock price. The tax withholding is a routine administrative action with minimal direct impact.

Next Steps

• The newly acquired restricted stock rights will vest ratably over a three-year term, implying future vesting events.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation activities, specifically the grant of restricted stock and subsequent tax withholding. While the grant aligns executive interests with shareholders, these transactions are standard and do not present new information that would fundamentally alter the investment thesis for Ryder System Inc. Therefore, a 'hold' recommendation is appropriate, as the filing does not provide a strong catalyst for either buying or selling.

Keywords

Ryder System, R, Form 4, Insider Trading, Stock Grant, Restricted Stock, Executive Compensation, Cristina Gallo-Aquino, CFO, Share Ownership