4/A: Ryder System Inc. Director Corrects Stock Acquisition Report

A Ryder System Inc. director amended a previous SEC filing to correct the number of shares acquired in a recent transaction.

Summary

• Robert Hagemann, a director at Ryder System Inc., filed an amended Form 4 with the SEC to correct an error in the number of shares acquired on December 20, 2024.
• The original filing, dated December 23, 2024, incorrectly stated that 704 shares were acquired.
• The corrected filing shows that 563 shares were actually acquired at a price of $0 per share.
• As a result, the number of shares beneficially owned following the transaction is now reported as 28,457, a decrease of 141 shares from the originally reported amount.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing. While it indicates a past error, the correction itself is a positive step towards transparency and accuracy.

Negatives

• The original filing contained an administrative error regarding the number of shares acquired.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors and ensure accurate reporting.

Stakeholder Impact

• The correction ensures that shareholders and the public have accurate information regarding the director's holdings in Ryder System Inc.

Key Dates