Ryder COO trades shares after option exercise
Ryder System’s President and COO John J. Diez reported multiple equity transactions.
Rhea-AI Filing Summary
Ryder System’s President and COO John J. Diez reported multiple equity transactions. On February 25, he exercised stock options for 24,190 shares of common stock at $76.49 per share, converting derivative securities into directly held common shares.
To cover the exercise price or tax obligations, 14,558 common shares were disposed of at $222.70 per share through a tax-withholding transaction. He also executed an open-market sale of 9,632 common shares at $222.20 per share, with a disclosed sale-price range from $221.68 to $222.64. After these transactions, he directly owned 183,810 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 24,190 | $0.00 | $0.00 |
| Exercise | common stock | 24,190 | $76.49 | $1.85M |
| Exercise Price or Tax Liability | common stock | 14,558 | $222.70 | $3.24M |
| Sale | common stock | 9,632 | $222.20 | $2.14M |
Footnotes (2)
- F1. This reflects the weighted average price at which the shares were sold. The sale prices ranged from $221.68 to $222.64. The Reporting Person will provide, upon request by the Commission staff, or a security holder of the issuer, full information regarding the number of shares sold at each price.
- F2. The stock options vest in three equal installments on February 10, 2018, February 10, 2019 and February 10, 2020.
FAQ
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What transactions did Ryder (R) President and COO John J. Diez report?
What role does John J. Diez hold at Ryder (R) in this Form 4?
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