Form 4: Ryder System Director Luis P. Nieto Jr. Reports Stock Transactions

Director Luis P. Nieto Jr. reported the acquisition of 1,443 shares of Ryder System Inc. common stock as part of an annual grant and the subsequent sale of the same amount of shares.

Summary

• On May 3, 2024, Luis P. Nieto Jr., a director of Ryder System Inc., acquired 1,443 shares of common stock as an annual grant.
• The acquisition was part of the company's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• The grant was valued at $180,000, based on a price of $124.66 per share.
• On May 6, 2024, Nieto sold 1,443 shares of common stock at a weighted average price of $125.61.
• The sale price ranged from $125.26 to $126.25.
• Following these transactions, Nieto directly owns 28,569 shares of Ryder System Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the director's trading activity, but the amounts are relatively small.

Key Dates