Form 4: Ryder System SVP and Controller, Cristina Gallo-Aquino, Reports Stock Transactions
SEC Form 4
Cristina Gallo-Aquino, SVP and Controller of Ryder System Inc., reports the exercise of stock options and sale of common stock on May 7, 2024.
Summary
- On May 7, 2024, Cristina Gallo-Aquino, SVP and Controller of Ryder System Inc., exercised stock options to acquire 500 shares of common stock at $93.51 and 500 shares at $74.72.
- She also sold 1,000 shares of common stock at a weighted average price of $126.11, with prices ranging from $126.11 to $127.11.
- Following these transactions, Gallo-Aquino directly owns 25,525 shares of common stock and indirectly owns 1,396 shares through the Ryder Employee Savings Plan.
- She also holds options to purchase 425 shares at $93.51 and 1,238 shares at $74.72.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard report of stock transactions. There's no indication of positive or negative sentiment towards the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. These transactions are closely watched by investors for signals about management's confidence in the company's future prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/12/2016 | First vesting date for stock options |
| 02/12/2017 | Second vesting date for stock options |
| 02/12/2018 | Third vesting date for stock options |
| 02/21/2019 | Vesting date for 913 stock options |
| 02/21/2020 | Vesting date for 912 stock options |
| 02/21/2021 | Vesting date for 913 stock options |
| 02/11/2025 | Expiration date for stock options |
| 02/21/2028 | Expiration date for stock options |
| 05/07/2024 | Date of stock option exercise and sale of common stock |
| 05/09/2024 | Date of Form 4 filing |
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