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: Lopez Francisco Jr. (EVP & Chief HR Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-10	common stock	F	7739	$96.43	Disposed	17255	Direct
2023-02-10	common stock	A	11765	—	Acquired	29020	Direct
2023-02-10	common stock	A	3733	—	Acquired	32753	Direct
2023-02-11	common stock	F	571	$96.43	Disposed	32182	Direct
2023-02-12	common stock	F	527	$96.43	Disposed	31655	Direct

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, 11,765 shares were earned out of the 7,802 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.