Diez John J. 4

What Happened

• John J. Diez, President and Chief Operating Officer of Ryder System Inc. (R), had a total of 2,392 shares withheld by the company to cover tax withholding obligations upon vesting of time‑vested restricted stock units (TVRSRs). The withholdings occurred in two transactions: 1,031 shares on 2026-02-09 at $215.73 each ($222,418) and 1,361 shares on 2026-02-10 at $212.19 each ($288,791). These are tax‑withholding dispositions (coded F), not open‑market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-09: 1,031 shares withheld at $215.73 — $222,418
  • 2026-02-10: 1,361 shares withheld at $212.19 — $288,791
• Total shares withheld: 2,392; total value ≈ $511,209.
• Footnotes: F1 = withholding for TVRSRs granted 2024-02-09; F2 = withholding for TVRSRs granted 2023-02-10.
• Filing timeliness: Form 4 filed 2026-02-11; appears to be filed timely (within required reporting window).
• Shares owned after the transactions: not specified in the provided filing details.

Context

• These transactions are company withholding shares to satisfy tax obligations on vested awards (a common, routine administrative action). This is effectively a cashless/surrender procedure rather than an intentional open‑market sale that might signal sentiment. Such withholdings are generally neutral for read‑through by investors.