RYDER SYSTEM INC — Director's Dealing 2023

Feb 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2023-02-17

Reporting Person: HODES SANFORD J. (SVP, C Procur Of, Corp Dev Of)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-17	common stock	M	3750	$71.43	Acquired	28752	Direct
2023-02-17	common stock	S	3750	$98.61	Disposed	25002	Direct
2023-02-18	common stock	F	336	$98.58	Disposed	24666	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-17	Stock Option (right to buy)	$71.43	M	3750	Acquired	2024-02-07	common stock (3750.0)	Direct

Footnotes

F1: This reflects the weighted average price at which the shares were sold. The sale price ranged from $98.39 to $99.38. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.

F2: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of time-based restricted stock rights granted to the reporting person on February 18, 2020.

F3: The options vested in three equal installments on each of February 7, 2015, February 7, 2016, and February 7, 2017.