Form 4: Ryder System Inc. Executive Vice President Sells Shares

Executive Vice President of DTS at Ryder System Inc., Steve W. Martin, sold 10,586 shares of common stock at an average price of $164.53 on November 12, 2024.

Summary

• Steve W. Martin, Executive Vice President of DTS at Ryder System Inc., sold 10,586 shares of common stock on November 12, 2024.
• The sale was executed at a weighted average price of $164.53 per share, with individual prices ranging from $163.64 to $166.67.
• Following the transaction, Mr. Martin directly owns 22,696 shares of common stock.
• He also indirectly owns 2,570 shares through the Ryder Employee Savings Plan and 494 shares through the Ryder Deferred Compensation Plan.
• The reported holdings include 483 shares acquired through the company's dividend reinvestment plan and 16 shares acquired through the Employee Stock Purchase Plan since his last filing.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive stock sale, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to insider trading activity and is common for executives of publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Similar filings are regularly made by executives at companies like Penske Automotive Group and Avis Budget Group, which are also in the transportation and logistics sector.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but it is not expected to significantly affect the company's operations or financial health.

Key Dates

Keywords

Ryder System Inc, stock sale, executive transaction, insider trading, Form 4, Steve W. Martin, share disposal