Form 4: Ryder System EVP, CLO & Corp. Secretary Fatovic Reports Stock Transactions
SEC Form 4 Filing
Robert D. Fatovic, EVP, CLO & Corp. Secretary of Ryder System Inc., reports the acquisition and disposal of common stock and the exercise of stock options on May 15, 2025.
Summary
- Robert D. Fatovic, an executive at Ryder System Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 15, 2025, Fatovic exercised stock options to acquire 13,045 shares of common stock at a price of $55.32 per share.
- On the same day, Fatovic sold 13,045 shares of common stock at a weighted average price of $159.02, with prices ranging from $159.00 to $159.99.
- Following these transactions, Fatovic directly owns 82,801 shares of common stock.
- Fatovic also indirectly owns 1,714 shares through the Ryder Employee Savings Plan and 385 shares through the Ryder Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation and portfolio management.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is typical for executives to exercise stock options and sell shares for personal financial management.
Comparison to Industry Standards
- Executive compensation packages often include stock options to align management's interests with those of shareholders.
- The exercise and sale of shares by executives are common practices and are usually scrutinized for potential insider trading violations, although routine transactions are generally permissible.
- Companies like United Parcel Service (UPS) and FedEx (FDX) also have executives who regularly report similar transactions via Form 4 filings.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely negligible given the overall size of the company and the volume of shares traded.
Key Dates
| Date | Description |
|---|---|
| 02/10/2017 | First vesting date of stock options (8,515 shares) |
| 02/10/2018 | Second vesting date of stock options (8,515 shares) |
| 02/10/2019 | Third vesting date of stock options (8,515 shares) |
| 02/09/2026 | Expiration date of stock options |
| 05/15/2025 | Date of stock option exercise and sale of shares |
| 05/19/2025 | Date of Form 4 signature |
Keywords
Form 4, Beneficial Ownership, Stock Options, Common Stock, Ryder System, Fatovic, Transaction
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