RYDER SYSTEM INC — Director's Dealing 2024

Feb 13, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2024-02-09

Reporting Person: Ravindran Rajeev (EVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-09	common stock	A	7402	—	Acquired	18416	Direct
2024-02-09	common stock	F	2449	$117.12	Disposed	15967	Direct
2024-02-09	common stock	A	1878	—	Acquired	17845	Direct
2024-02-10	common stock	F	233	$117.12	Disposed	17612	Direct
2024-02-11	common stock	F	314	$117.12	Disposed	17298	Direct
2024-02-12	common stock	F	309	$118.94	Disposed	17160	Direct

Footnotes

F1: With respect to performance-based restricted stock rights (PBRSRs), 7,402 shares were earned out of the 3,701 shares granted on February 12, 2021. The PBRSRs vested upon Board approval.

F2: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of PBRSRs granted to the reporting person on February 12, 2021.

F3: Represents time-based restricted stock rights (TVRSRs) 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 TVRSRs granted to the reporting person on February 10, 2023.

F5: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 11, 2022.

F6: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 12, 2021.

F7: Includes 171 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.