RYDER SYSTEM INC — Director's Dealing 2019

May 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2019-05-03

Reporting Person: SMITH E FOLLIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-03	common stock	A	2277	—	Acquired	30893	Direct
2019-05-07	common stock	S	1138	$62.82	Disposed	29755	Direct

Footnotes

F1: Annual grant of $145,000 of restricted stock units pursuant to the Company's 2019 Equity and Incentive Compensation Plan based on $63.66 per share which was the last reported sale price of the Company's common stock on May 3, 2019.

F2: Includes 34 shares of restricted stock units pursuant to dividend reinvestment.