RYDER SYSTEM INC — Director's Dealing 2023

Feb 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2023-02-10

Reporting Person: SANCHEZ ROBERT E (Director, Chair and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-10	common stock	F	67583	$96.43	Disposed	200768	Direct
2023-02-10	common stock	A	104067	—	Acquired	304835	Direct
2023-02-10	common stock	A	24888	—	Acquired	329723	Direct
2023-02-11	common stock	F	3539	$96.43	Disposed	326184	Direct
2023-02-12	common stock	F	3554	$96.43	Disposed	322630	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	26706	Indirect
common stock	3466	Indirect

Footnotes

F1: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of performance-based restricted stock rights (PBRSRs) granted to the reporting person on February 18, 2020.

F2: With respect to PBRSRs, 104,067 shares were earned out of the 68,660 shares that were granted on February 18, 2020. The PBRSRs vested upon Board approval.

F3: Represents time-based restricted stock rights granted to the reporting person by the Company, which vest ratably over a term of three years.

F4: 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 11, 2022.

F5: 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 12, 2021.