SWOBODA CHARLES M 4
Research Summary
AI-generated summary
Ryder (R) Director Charles M. Swoboda Receives 108 RSU Award
What Happened
- Charles M. Swoboda, a director of Ryder System, Inc. (R), received a grant of 108 restricted stock units (RSUs) on 2026-07-01. The Form 4 reports an acquisition price of $0.00 (no cash paid) for this award. Each RSU represents the right to receive one share of common stock under the company’s equity plan.
Key Details
- Transaction date: 2026-07-01; filing date (accession): 2026-07-02 (appears timely).
- Transaction type/code: Award/Grant (A); 108 RSUs granted at $0.00 reported price.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: RSUs were awarded in lieu of a cash retainer under Ryder’s Amended and Restated 2019 Equity and Incentive Compensation Plan; each RSU equals one share upon settlement.
- No indication in this filing of immediate sale, withholding, or a 10b5-1 plan.
Context
- RSUs are equity awards that typically convert into actual shares upon vesting and may be subject to vesting schedules and tax withholding at settlement. Grants to non-employee directors as compensation (e.g., in lieu of cash retainers) are common and do not by themselves indicate a buy or sell signal.