Ryder System (R) EVP Fatovic sells 5,000 shares, retains large stake
Rhea-AI Filing Summary
Ryder System executive Robert D. Fatovic reported an open-market sale of 5,000 shares of common stock. The shares were sold at a weighted average price of $249.85 per share, with individual sale prices ranging from $249.72 to $250.39. After the sale, he held 88,826 shares directly. He also reported indirect holdings of 392 shares through the Ryder Deferred Compensation Plan and 1,949 shares through the Ryder Employee Savings Plan. A footnote states that some of his holdings include 89 shares acquired under the company’s dividend reinvestment plan or Employee Stock Purchase Plan.
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Insights
Routine-sized open-market sale with substantial remaining holdings.
Executive vice president Robert D. Fatovic sold 5,000 shares of Ryder System common stock in an open-market transaction at a weighted average of $249.85 per share. The price range ran from $249.72 to $250.39.
Following the sale, he still directly owns 88,826 shares and also holds shares indirectly through company plans. There are no derivative exercises or complex structures in this filing, and no indication that the sale was tied to a special event.
The transaction summary shows a net-sell of 5,000 shares with no concurrent option exercises or gifts. Overall, this looks like a straightforward liquidity event by a senior executive rather than a transformative change in insider ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | common stock | 5,000 | $249.85 | $1.25M |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
Footnotes (1)
- This reflects the weighted average price at which the shares were sold. The sale price ranged from $249.72 to $250.39. 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. Includes 89 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan or Employee Stock Purchase Plan.