Eck Robert J. 4

What Happened

• Robert J. Eck, a director of Ryder System, Inc., was granted restricted stock units (RSUs) on May 1, 2026. He received two awards: 720 RSUs as the annual equity grant (valued at roughly $180,000) and 895 RSUs from the plan’s dividend reinvestment feature. The awards were reported on Form 4 and show an acquisition price of $0.00 per share (standard for RSU grants).
• Valuation based on the company’s last reported sale price of $249.99 on May 1, 2026: 720 RSUs ≈ $179,992.80; 895 RSUs ≈ $223,741.05; total ≈ $403,733.85.

Key Details

• Transaction date: May 1, 2026 (reported on Form 4 filed May 5, 2026).
• Transaction type/code: A = Award/Grant (restricted stock units).
• Price reported: $0.00 per share (RSUs are granted, not purchased).
• Shares received: 720 RSUs (annual grant per footnote F1) and 895 RSUs (dividend reinvestment per footnote F2); total 1,615 RSUs.
• Shares owned after transaction: Not reported in the provided filing.
• Filing timeliness: Form 4 was filed May 5, 2026 for a May 1 transaction — appears to be filed within the required reporting window.
• Footnotes: F1 = annual grant of $180,000 of RSUs based on $249.99/share; F2 = RSUs from dividend reinvestment feature.

Context

• RSU awards are compensation, not open-market purchases or sales, and are typically subject to the issuer’s vesting rules and plan terms. Dividend-reinvestment RSUs reflect stock-equivalent payments tied to dividends rather than new cash purchases.
• These types of routine grants are common for directors and do not, by themselves, indicate a buying or selling decision by the insider.