RYDER SYSTEM INC — Director's Dealing 2025

May 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2025-05-15

Reporting Person: Diez John J. (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-15	common stock	M	17430	$55.32	Acquired	177341	Direct
2025-05-15	common stock	S	17430	$158.24	Disposed	159911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-15	Stock Option (right to buy)	$55.32	M	17430	Disposed	2026-02-09	common stock (17430)	Direct

Footnotes

F1: This reflects the weighted average price at which the shares were sold. The sale prices ranged from $157.40 to $160.40. The Reporting Person will provide, upon request by the Commission staff, or a security holder of the issuer, full information regarding the number of shares sold at each price.

F2: The stock options vested in three equal installments of 7,450 shares on February 10, 2017, February 10, 2018 and February 10, 2019.