SWOBODA CHARLES M 4

What Happened

• Charles M. Swoboda, a director of Ryder System, Inc., was granted a total of 911 restricted stock units (RSUs) on May 1, 2026. The filing shows two acquisitions: 720 RSUs (annual grant) and 191 RSUs (dividend reinvestment). The reported acquisition price is $0.00 per share (typical for RSU awards).
• The company used a per‑share value of $249.99 (last reported sale price on May 1, 2026). The 720‑share annual award is described as an $180,000 grant; the 191‑share dividend‑reinvestment award is worth about $47,748, for a combined value of roughly $228,000.

Key Details

• Transaction date: May 1, 2026; Filing date: May 5, 2026.
• Price used for valuation: $249.99 per share; acquisition price reported as $0.00 (award).
• Shares reported: 720 (annual RSU grant) and 191 (dividend reinvestment) — total 911 RSUs.
• Shares owned after the transaction: Not disclosed in this Form 4.
• Footnotes: F1 = annual RSU grant valued at $180,000 based on $249.99/share; F2 = RSUs from the plan’s dividend reinvestment feature.
• Filing timeliness: The Form 4 was filed May 5 for May 1 transactions (Form 4s are typically due within two business days), so this filing appears to be outside the usual two‑business‑day window.

Context

• These were awards of RSUs, not open‑market purchases or sales. RSU grants are a form of compensation and are often subject to vesting; they do not necessarily indicate immediate buying or selling intent.
• Dividend reinvestment grants reflect the plan converting dividend equivalents into additional RSUs, a routine plan feature rather than a discretionary market trade.