Ryder (NYSE: R) EVP exercises options, then sells 11,640 shares

Rhea-AI Filing Summary

Ryder System Inc executive Robert D. Fatovic, EVP, CLO & Corporate Secretary, reported an option exercise and share sale. He exercised stock options covering 11,640 shares at a price of $76.49 per share, receiving the same number of Ryder common shares.

On the same date, he sold 11,640 common shares in the open market at a weighted average price of $222.30 per share, with individual sale prices ranging from $222.00 to $222.88. After these transactions, he directly holds 93,737 Ryder common shares, plus indirect holdings of 1,818 shares through the Ryder Employee Savings Plan and 391 shares through the Ryder Deferred Compensation Plan.

Insider Trade Summary

Net Seller: 11,640 shares ($2,587,572)

Net Sell 5 txns

Insider Fatovic Robert D

Role EVP, CLO & Corp. Secretary

Sold 11,640 shs ($2.59M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (right to buy)	11,640	$0.00	--
Exercise	common stock	11,640	$76.49	$890K
Sale	common stock	11,640	$222.30	$2.59M
holding	common stock	--	--	--
holding	common stock	--	--	--

Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); common stock — 105,377 shares (Direct); common stock — 1,818 shares (Indirect, By Ryder Employee Savings Plan)

Footnotes (1)

1. This reflects the weighted average price at which the shares were sold. The sale price ranged from $222.00 to $222.88. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price. The stock options vest in three equal installments on February 10, 2018, February 10, 2019 and February 10, 2020.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fatovic Robert D

(Last) (First) (Middle)

2333 PONCE DE LEON BLVD.

SUITE 700

(Street)

CORAL GABLES FL 33134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RYDER SYSTEM INC [ R ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CLO & Corp. Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
common stock	02/20/2026		M		11,640	A	$76.49	105,377	D
common stock	02/20/2026		S		11,640	D	$222.3(1)	93,737	D
common stock								1,818	I	By Ryder Employee Savings Plan
common stock								391	I	By Ryder Deferred Compensation Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$76.49	02/20/2026		M			11,640	(2)	02/09/2027	common stock	11,640	$0	0	D

Explanation of Responses:

1. This reflects the weighted average price at which the shares were sold. The sale price ranged from $222.00 to $222.88. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.

2. The stock options vest in three equal installments on February 10, 2018, February 10, 2019 and February 10, 2020.

Remarks:

	/s/ Robert D. Fatovic	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Ryder (R) executive Robert D. Fatovic report in this Form 4?

Robert D. Fatovic reported exercising stock options for 11,640 Ryder shares and selling 11,640 common shares the same day. The filing details the exercise price, sale prices, and his updated direct and indirect share holdings in Ryder System Inc.

How many Ryder (R) shares did Robert D. Fatovic sell and at what price?

He sold 11,640 Ryder common shares at a weighted average price of $222.30 per share. The actual sale prices ranged from $222.00 to $222.88, as disclosed, with full trade breakdowns available on request to the parties identified.

What stock options did Robert D. Fatovic exercise in Ryder (R)?

He exercised stock options covering 11,640 Ryder shares at an exercise price of $76.49 per share. The options had previously vested in three equal installments on February 10, 2018, February 10, 2019, and February 10, 2020, according to the disclosure footnote.

How many Ryder (R) shares does Robert D. Fatovic own after these transactions?

After the reported transactions, he directly owns 93,737 Ryder common shares. He also has indirect ownership of 1,818 shares through the Ryder Employee Savings Plan and 391 shares through the Ryder Deferred Compensation Plan, as shown in the ownership detail section.

Were the Ryder (R) share sales by Robert D. Fatovic open-market transactions?

Yes, the 11,640 Ryder common shares were sold in an open-market or private transaction categorized as a sale. The filing specifies transaction code "S" and describes it as a sale in open market or private transaction with a disclosed price range.