Form 4: Ryder CFO Reports Tax-Related Stock Dispositions

Ryder System Inc.'s EVP and CFO, Cristina Gallo-Aquino, reported tax-related dispositions of common stock following the vesting of restricted stock units.

Summary

• Cristina Gallo-Aquino, EVP and CFO of Ryder System Inc., reported two dispositions of common stock related to tax obligations.
• On February 9, 2026, 392 shares were withheld by the company at a price of $215.73 per share to cover taxes due upon the vesting of Time-Vested Restricted Stock Rights (TVRSRs) granted on February 9, 2024.
• On February 10, 2026, an additional 409 shares were withheld by the company at a price of $212.19 per share for tax payments related to the vesting of TVRSRs granted on February 10, 2023.
• Following these transactions, Gallo-Aquino directly holds 29,026 shares of common stock.
• Additionally, Gallo-Aquino indirectly holds 1,440 shares of common stock through the Ryder Employee Savings Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary tax withholding related to executive compensation, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• Vesting of Time-Vested Restricted Stock Rights (TVRSRs) indicates the fulfillment of compensation agreements for the EVP and CFO, reflecting continued executive retention and reward.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares upon vesting of restricted stock units are a standard practice for executive compensation across various industries, reflecting the realization of previously granted equity awards rather than a discretionary sale.

Comparison to Industry Standards

• This type of tax-related share withholding is a common mechanism for settling tax obligations arising from equity compensation, consistent with practices observed in other large publicly traded companies such as FedEx (FDX) or UPS (UPS) for their executives receiving similar equity awards.
• The specific share prices and volumes are company-specific, but the mechanism for tax withholding upon vesting is a standard industry practice.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine tax-related transactions, not discretionary sales indicating a change in management's confidence.
• Employees: No direct impact from this specific filing.

Key Dates

Recommendation

This Form 4 filing details routine tax-related share dispositions by a key executive following the vesting of restricted stock units. Such transactions are standard practice for executive compensation and do not reflect a discretionary sale or a change in the executive's confidence in the company. Therefore, the filing itself provides no new information that would warrant a change in investment recommendation, suggesting a 'hold' position remains appropriate based solely on this disclosure.

Keywords

Ryder System Inc., R, Form 4, Insider Trading, Stock Disposition, CFO, Cristina Gallo-Aquino, Restricted Stock Units, Executive Compensation, Tax Withholding