Ryder System (NYSE: R) director granted 108 RSUs instead of cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SWOBODA CHARLES M reported acquisition or exercise transactions in this Form 4 filing.
Ryder System director Charles M. Swoboda received an equity grant as part of his board compensation. He was awarded 108 restricted stock units in lieu of a cash retainer under Ryder’s Amended and Restated 2019 Equity and Incentive Compensation Plan. Each unit represents one share of common stock when it settles. Following this grant, Swoboda directly holds 9,229 shares of Ryder common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SWOBODA CHARLES M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 108 | $0.00 | -- |
Holdings After Transaction:
common stock — 9,229 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 108 units
Price per share for grant: $0.0000
Shares owned after transaction: 9,229 shares
3 metrics
RSUs granted
108 units
Grant of restricted stock units in lieu of cash retainer
Price per share for grant
$0.0000
Reported transaction price for common stock grant
Shares owned after transaction
9,229 shares
Total direct Ryder common stock holdings following grant
Key Terms
restricted stock units (RSU), cash retainer, Equity and Incentive Compensation Plan, common stock
4 terms
restricted stock units (RSU) financial
"Grant of restricted stock units (RSU) in lieu of cash retainer as elected"
cash retainer financial
"in lieu of cash retainer as elected by the reporting person"
Equity and Incentive Compensation Plan financial
"under the terms of the Issuer's Amended and Restated 2019 Equity and Incentive Compensation Plan"
common stock financial
"Each RSU represents the right to receive one share of common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Ryder System (R) director Charles M. Swoboda report in this Form 4?
Charles M. Swoboda reported receiving 108 restricted stock units as part of his director compensation. These equity awards were granted under Ryder’s Amended and Restated 2019 Equity and Incentive Compensation Plan in lieu of a cash retainer and are tied to common stock.
Was the Ryder System (R) Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale; it was a grant of 108 restricted stock units. These units were issued as compensation in lieu of a cash retainer, with no price paid per share shown, under Ryder’s equity and incentive compensation plan.
What are the terms of the restricted stock units reported for Ryder System (R)?
Each restricted stock unit represents the right to receive one share of Ryder common stock. The filing notes the grant was made in lieu of a cash retainer, under the Amended and Restated 2019 Equity and Incentive Compensation Plan, as elected by the reporting person.
Why did Charles M. Swoboda receive restricted stock units from Ryder System (R)?
He elected to take his director cash retainer in equity, receiving 108 restricted stock units instead of cash. This grant was made under Ryder’s Amended and Restated 2019 Equity and Incentive Compensation Plan, aligning part of his compensation with the company’s stock.