Fatovic Robert D 4

What Happened

• Robert D. Fatovic, Executive Vice President, Chief Legal Officer & Corporate Secretary of Ryder System, had 1,386 shares of Ryder common stock disposed (withheld) to satisfy tax withholding obligations tied to vested awards. The disposals occurred in two tranches: 555 shares at $215.73 each (≈ $119,730) and 831 shares at $212.19 each (≈ $176,330), for a combined value of about $296,060.
• This transaction is a routine tax-withholding disposition (code F) rather than an open-market sale or new purchase.

Key Details

• Transaction dates and prices:
  • 2026-02-09: 555 shares withheld at $215.73 — $119,730.
  • 2026-02-10: 831 shares withheld at $212.19 — $176,330.
• Total shares disposed: 1,386; total value ≈ $296,060.
• Shares owned after transaction: Not specified in the provided excerpt; filing notes that the reported beneficial ownership figure includes 478 shares acquired under the company's dividend reinvestment plan or Employee Stock Purchase Plan (footnote F3).
• Footnotes:
  • F1: Withheld shares to pay taxes on TVRSRs granted 2/9/2024.
  • F2: Withheld shares to pay taxes on TVRSRs granted 2/10/2023.
  • F3: Ownership count includes 478 shares from DRIP/ESPP.
• Filing: Report filed 2026-02-11 covering transactions on 2026-02-09 and 2026-02-10.

Context

• These were tax-withholding dispositions (code F): the company withheld shares to cover tax obligations when restricted awards vested. Functionally this is a cashless settlement of tax liability and is common for vested equity — not necessarily a signal about the insider’s view of the company.
• For retail investors, purchases are generally more informative than routine withholdings; this filing documents internal award vesting and tax compliance rather than a discretionary sale.