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

Director Charles M. Swoboda acquired 196 shares of Ryder System Inc. common stock on April 1, 2025, in lieu of a cash retainer.

Summary

• On April 1, 2025, Charles M. Swoboda, a director of Ryder System Inc., acquired 196 shares of common stock.
• The acquisition was made in lieu of a cash retainer, as elected by Swoboda under the terms of the Issuer's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• Each restricted stock unit (RSU) represents the right to receive one share of common stock.
• Following the transaction, Swoboda directly owns 6,355 shares of Ryder System Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of significant positive or negative implications.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This type of transaction, where directors receive stock in lieu of cash, is a fairly common practice in corporate governance, aligning the interests of the directors with those of the shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Ryder System Inc., Director, Charles M. Swoboda, Stock Acquisition, Form 4, RSU, Equity and Incentive Compensation Plan, Shares