Form 4: Ryder System Inc. Director, Dmitri L. Stockton, Reports Acquisition of Common Stock

Director Dmitri L. Stockton reports acquisition of 1,443 shares of Ryder System Inc. common stock as part of an annual restricted stock unit grant.

Summary

• On May 3, 2024, Dmitri L. Stockton, 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, granted under the company's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• The price per share was $124.66, based on the last reported sale price of Ryder System Inc.'s common stock on May 3, 2024.
• Following the transaction, Stockton beneficially owns 19,892 shares of Ryder System Inc. common stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing a stock transaction by a company director. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates