RYDER SYSTEM INC — Director's Dealing 2024

May 13, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2024-05-09

Reporting Person: Fatovic Robert D (EVP, CLO & Corp. Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-09	common stock	M	17335	$93.51	Acquired	83127	Direct
2024-05-09	common stock	S	15111	$126.53	Disposed	68016	Direct
2024-05-09	common stock	S	2224	$127.18	Disposed	66112	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-09	Stock Option (right to buy)	$93.51	M	17335	Disposed	2025-02-11	common stock (17335)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	1392	Indirect
common stock	377	Indirect

Footnotes

F1: This reflects the weighted average price at which the shares were sold. The sale price ranged from $126.05 to $127.04. 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: This reflects the weighted average price at which the shares were sold. The sale price ranged from $127.05 to $128.04. 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.

F3: Includes 320 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.

F4: The options vested in accordance with the following schedule: 5,779 vested on February 12, 2016; 5,778 vested on February 12, 2017; and 5,778 vested on February 12, 2018.