4/A: Ryder System Inc. Executive Corrects Share Ownership in Amended SEC Filing

Robert E. Sanchez, Chair and CEO of Ryder System Inc., files an amendment to a previous Form 4 to correct the reported number of directly owned shares.

Summary

• Robert E. Sanchez, Chair and CEO of Ryder System Inc., filed an amended Form 4 with the SEC on February 25, 2025.
• The amendment corrects an administrative error in the total amount of shares beneficially owned directly by the reporting person, as reported in the Form 4 filed on February 11, 2025.
• The actual total number of shares directly owned was 117,537 shares, rather than 186,101 shares as previously reported.
• This revision reflects a transfer of 68,564 shares from the reporting person's directly owned shares to the indirectly owned shares in the Robert E. Sanchez Revocable Trust, previously reflected in the Form 4 filed May 14, 2024.
• A transaction occurred on February 11, 2025, where 3,534 common stock shares were disposed of at a price of $158.18.
• Following the reported transactions, Sanchez directly owns 117,537 shares of common stock and indirectly owns 373,240 shares through The Robert E. Sanchez Revocable Trust.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.

Industry Context

This filing is a routine disclosure related to executive share ownership and is common for publicly traded companies. It ensures transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of share ownership information ensures accurate representation to shareholders.

Key Dates