Form 4: Ryder System Inc. Director Acquires Shares in Lieu of Cash Retainer

Director Charles M Swoboda acquired 183 shares of Ryder System Inc. common stock on January 2, 2025, in lieu of a cash retainer under the company's equity and incentive compensation plan.

Summary

• On January 2, 2025, Charles M Swoboda, a director of Ryder System Inc., acquired 183 shares of common stock.
• The acquisition was made in lieu of a cash retainer, as elected by Swoboda under the terms of Ryder's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• The price per share was $0.
• Following the transaction, Swoboda directly owns 6,159 shares of Ryder System Inc. common stock.
• The shares were granted as restricted stock units (RSUs), with each RSU representing the right to receive one share of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction indicating director alignment with shareholder interests. No negative information is present.

Positives

• The director's decision to take shares in lieu of cash demonstrates confidence in the company's future performance.

Industry Context

Directors receiving stock in lieu of cash compensation is a common practice to align their interests with those of shareholders and conserve company cash.

Stakeholder Impact

• The transaction signals to shareholders that the director is invested in the company's success.

Key Dates