Form 4: Ryder SVP Hodes Reports Routine Stock Withholding for Taxes

Ryder System Inc.'s SVP, Sanford J. Hodes, reported the withholding of common stock for tax obligations related to vested restricted stock units.

Summary

• Sanford J. Hodes, Senior Vice President, Chief Procurement Officer, and Corporate Development Officer of Ryder System Inc. (R), filed a Form 4.
• The filing reports two transactions involving the disposition of common stock to cover tax liabilities.
• On February 9, 2026, 150 shares of common stock were withheld by the company at a price of $215.73 per share.
• These shares were withheld for the payment of taxes due upon the vesting of Time-Vested Restricted Stock Units (TVRSRs) granted on February 9, 2024.
• Following this transaction, Sanford J. Hodes beneficially owned 27,053 shares of common stock directly.
• On February 10, 2026, an additional 182 shares of common stock were withheld by the company at a price of $212.19 per share.
• These shares were withheld for the payment of taxes due upon the vesting of TVRSRs granted on February 10, 2023.
• Following this second transaction, Sanford J. Hodes beneficially owned 26,871 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It represents a routine, non-discretionary transaction related to executive compensation and tax obligations, which typically has no material impact on the company's operational or financial performance.

Industry Context

StockSavvy.ai notes that tax withholding upon the vesting of restricted stock units is a standard and routine practice for executives receiving equity compensation across various industries. This filing reflects a common mechanism for managing tax obligations associated with such compensation.

Comparison to Industry Standards

• The practice of withholding shares to cover tax obligations upon the vesting of restricted stock units is a widely accepted and common method of managing equity compensation in publicly traded companies, aligning with typical industry standards for executive compensation and tax compliance.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine transaction related to executive compensation and tax management, not indicative of discretionary selling or a change in company fundamentals.
• Employees: No direct impact beyond the reporting person, as this relates to individual executive compensation.

Key Dates

Keywords

Ryder System Inc., R, Sanford J. Hodes, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Equity Compensation, Tax Payment