Form 4: Ryder System EVP and CFO Gallo-Aquino Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Cristina Gallo-Aquino, EVP and CFO of Ryder System Inc., disposed of 1,968 shares of common stock to cover tax obligations related to vesting restricted stock rights.

Summary

  • On February 11, 2025, Cristina Gallo-Aquino, EVP and CFO of Ryder System Inc., disposed of 1,968 shares of common stock.
  • The shares were withheld by the company to cover tax obligations arising from the vesting of time-based restricted stock rights (TVRSRs) granted on February 11, 2022.
  • The transaction was executed at a price of $158.18 per share.
  • Following the transaction, Gallo-Aquino directly owns 26,561 shares of Ryder System Inc. common stock and indirectly owns 1,416 shares through the Ryder Employee Savings Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction for tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
02/11/2022Date of grant for time-based restricted stock rights (TVRSRs)
02/11/2025Date of stock disposal for tax obligations
02/12/2025Date of signature for the report

Keywords

Form 4, Ryder System Inc, Cristina Gallo-Aquino, EVP, CFO, Stock Disposal, Tax Obligations, Restricted Stock Rights, Beneficial Ownership

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