Form 4: Ryder System Inc. Director Tamara L. Lundgren Reports Acquisition of Common Stock

Director Tamara L. Lundgren reports acquisition of 1,243 shares of Ryder System Inc. common stock through an annual grant of restricted stock units.

Summary

• On May 2, 2025, Tamara L. Lundgren, a director of Ryder System Inc., acquired 1,243 shares of common stock.
• The acquisition was part of an annual grant of restricted stock units under the company's Amended and Restated 2019 Equity and Incentive Compensation Plan.
• The grant was valued at $180,000, with the share price calculated at $144.71 based on the last reported sale price on May 2, 2025.
• Following the transaction, Lundgren directly owns 31,356 shares of Ryder System Inc. common stock, which includes 195 shares acquired through the company's dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (stock grant) that aligns director interests with shareholders, which is generally viewed favorably.

Positives

• The acquisition of shares by a director signals confidence in the company's future performance.
• The annual grant of restricted stock units aligns the director's interests with those of the shareholders.
• Participation in the dividend reinvestment plan demonstrates a long-term investment perspective.

Industry Context

This type of stock grant is a common practice in corporate governance to align the interests of directors with those of shareholders. It's a standard component of executive compensation packages.

Comparison to Industry Standards

• Stock grants to directors are a common practice across publicly traded companies, particularly in the transportation and logistics sector.
• Companies like XPO Logistics and C.H. Robinson also utilize equity-based compensation to incentivize their directors and align their interests with shareholders.
• The size of the grant ($180,000) appears to be within the typical range for director compensation at companies of Ryder's size and market capitalization.

Stakeholder Impact

• The stock acquisition by a director can positively influence shareholder sentiment.
• The grant of restricted stock units aligns the director's interests with those of the shareholders, encouraging decisions that benefit the company's long-term performance.

Key Dates

Keywords

Ryder System Inc., Director, Tamara L. Lundgren, Common Stock, Restricted Stock Units, Beneficial Ownership, Form 4, Dividend Reinvestment Plan