HODES SANFORD J. 4
4 · RYDER SYSTEM INC · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Ryder (R) SVP Sanford Hodes Sells Shares for Tax Withholding
What Happened
Sanford J. Hodes, an SVP in corporate development at Ryder System Inc., had a total of 332 shares withheld by the company to satisfy tax obligations when restricted awards vested. The withholding resulted in two dispositions: 150 shares at $215.73 on Feb 9, 2026 (≈ $32,360) and 182 shares at $212.19 on Feb 10, 2026 (≈ $38,619), for a combined value of roughly $70,979. These were tax-withholding dispositions (routine) rather than open-market sales.
Key Details
- Transaction dates and prices:
- 2026-02-09: 150 shares withheld at $215.73 — $32,360 (Disposition, code F)
- 2026-02-10: 182 shares withheld at $212.19 — $38,619 (Disposition, code F)
- Total shares affected: 332; total value ≈ $70,979.
- Footnotes: Shares were withheld to pay taxes on vesting of TVRSRs granted 2/9/2024 (F1) and 2/10/2023 (F2).
- Shares owned after the transactions: not disclosed in the provided filing.
- Filing: Report filed 2026-02-11 (appears within the standard 2-business-day Form 4 window).
Context
This was a tax-withholding action tied to vesting of time-based awards (TVRSRs), not a voluntary open-market sale or a directional trade by the insider. Such withholdings are common and generally considered routine administrative actions rather than a signal of insider sentiment.
Insider Transaction Report
- Tax Payment
common stock
[F1]2026-02-09$215.73/sh−150$32,360→ 27,053 total - Tax Payment
common stock
[F2]2026-02-10$212.19/sh−182$38,619→ 26,871 total
Footnotes (2)
- [F1]Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 9, 2024.
- [F2]Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of TVRSRs granted to the reporting person on February 10, 2023.