Form 4: Ryder System Inc. Executive Robert E. Sanchez Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert E. Sanchez, Chair and CEO of Ryder System Inc., reports a gift of 8,265 common stock shares and updates to beneficial ownership.
Summary
- Robert E. Sanchez, Chair and CEO of Ryder System Inc., filed a Form 4 to report changes in beneficial ownership of the company's stock.
- On August 19, 2024, Sanchez gifted 8,265 shares of common stock.
- Following the transaction, Sanchez directly owns 126,394 shares of common stock.
- Sanchez also indirectly owns 373,240 shares through The Robert E. Sanchez Revocable Trust, 27,712 shares through the Ryder Employee Savings Plan, and 3,620 shares through the Ryder Deferred Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding changes in ownership.
Stakeholder Impact
- The change in ownership may be of interest to shareholders, as it provides insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of the transaction (gift of common stock) |
| 08/20/2024 | Date of signature by power of attorney |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.