Form 4: Ryder System Inc. Director Charles M. Swoboda Reports Acquisition and Disposal of Common Stock

Director Charles M. Swoboda reports acquiring 1,443 shares of Ryder System Inc. common stock as part of an annual grant and disposing of shares, resulting in a total beneficial ownership of 5,422 shares.

Summary

• On May 3, 2024, Charles M. Swoboda, a director of Ryder System Inc., acquired 1,443 shares of common stock.
• This acquisition was part of an annual grant of restricted stock units valued at $180,000 under the company's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• The grant was based on a price of $124.66 per share, which was the last reported sale price of Ryder System Inc.'s common stock on May 3, 2024.
• Swoboda also disposed of shares.
• Following these transactions, Swoboda beneficially owns 5,422 shares of Ryder System Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by a director. The acquisition of shares could be seen as slightly positive, but it's part of a pre-determined compensation plan.

Positives

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future actions of key individuals within a company.

Stakeholder Impact

• Shareholders may view the director's stock acquisition as a sign of confidence in the company.

Key Dates