RYDER SYSTEM INC — Director's Dealing 2020

May 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2020-05-08

Reporting Person: SMITH E FOLLIN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-08	common stock	S	2193	$34.199	Disposed	34624	Direct

Footnotes

F1: Sale of shares for the purpose of payment of tax liability in connection with the distribution of annual equity grant as previously reported on 5/5/2020.

F2: This reflects the weighted average price at which the shares were sold. The sale prices ranged from $33.90 to $34.47. The reporting person will provide, upon request by the Commission staff, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.