Form 4: Ryder Executive's Stock Withholding for Tax
Insider Transaction Report
Ryder System Inc. President, Global FMS, Thomas M. Havens, reported the withholding of common stock for tax obligations related to vested restricted stock.
Summary
- Thomas M. Havens, President, Global FMS of Ryder System Inc. (R), reported two transactions involving the withholding of common stock for tax obligations.
- On February 9, 2026, 940 shares of common stock were withheld at a price of $215.73 per share. This was related to the payment of taxes due upon the vesting of Time-Vested Restricted Stock Rights (TVRSRs) granted on February 9, 2024.
- Following this transaction, Havens beneficially owned 46,580 shares of common stock directly.
- On February 10, 2026, an additional 935 shares of common stock were withheld at a price of $212.19 per share. This was related to the payment of taxes due upon the vesting of TVRSRs granted on February 10, 2023.
- After this second transaction, Havens' direct beneficial ownership stood at 45,645 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transactions represent routine tax withholdings upon the vesting of previously granted restricted stock, which is a common and non-discretionary aspect of executive compensation.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding Ryder System Inc.'s future outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those involving tax-related withholdings upon vesting of restricted stock, are common occurrences in publicly traded companies. These transactions are typically routine and do not reflect discretionary buying or selling decisions by the insider, nor do they usually indicate broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine, non-discretionary transactions for tax purposes and do not reflect a change in management's confidence or strategic direction.
- Employees: No direct impact indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 02/10/2023 | Grant date of Time-Vested Restricted Stock Rights (TVRSRs) which vested and led to tax withholding on February 10, 2026. |
| 02/09/2024 | Grant date of Time-Vested Restricted Stock Rights (TVRSRs) which vested and led to tax withholding on February 9, 2026. |
| 02/09/2026 | Date 940 shares of common stock were withheld for tax upon vesting of TVRSRs. |
| 02/10/2026 | Date 935 shares of common stock were withheld for tax upon vesting of TVRSRs. |
| 02/11/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was filed. |
Keywords
Ryder System Inc, R, insider transaction, Form 4, stock withholding, executive compensation, restricted stock, Thomas M. Havens, corporate governance
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