Form 4: Ryder System Inc. Executive Karen M. Jones Sells Shares
SEC Form 4
Karen M. Jones, EVP & Chief Marketing Officer of Ryder System Inc., sold a total of 6,776 shares of common stock on May 23, 2024.
Summary
- Karen M. Jones, an executive at Ryder System Inc., reported the sale of company stock on May 23, 2024.
- A total of 5,977 shares were sold at a weighted average price of $120.36, with prices ranging from $119.90 to $120.89.
- An additional 799 shares were sold at a weighted average price of $121.04, with prices ranging from $120.90 to $121.90.
- Following these transactions, Jones directly owns 5,666 shares of Ryder System Inc.
- This includes 46 shares acquired through the company's dividend reinvestment plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by an executive. The sales themselves don't necessarily indicate a positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- The stock sale by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of stock sale transactions. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
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