Form 4: Fatovic Robert D reports disposition transactions in R
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fatovic Robert D reported disposition transactions in a Form 4 filing for R. The filing lists transactions totaling 1,386 shares at a weighted average price of $213.61 per share. Following the reported transactions, holdings were 94,090 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Fatovic Robert D
Role
EVP, CLO & Corp. Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | common stock | 831 | $212.19 | $176K |
| Tax Withholding | common stock | 555 | $215.73 | $120K |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
Holdings After Transaction:
common stock — 93,737 shares (Direct);
common stock — 1,807 shares (Indirect, By Ryder Employee Savings Plan)
Footnotes (1)
- 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. 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. Includes 478 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan or Employee Stock Purchase Plan.
FAQ
What insider transaction did Ryder (R) report for Robert D. Fatovic?
Ryder reported that executive Robert D. Fatovic had company-withheld shares to cover tax obligations on vesting awards. These were tax-withholding dispositions, not open-market sales, affecting his reported beneficial ownership of Ryder common stock while satisfying equity award tax liabilities.
What does transaction code F mean in the Ryder (R) Form 4 filing?
Transaction code F indicates shares were disposed of to pay an exercise price or satisfy tax liabilities. In this Ryder filing, it shows the company withheld shares from vesting time-vested restricted stock rights to cover taxes, rather than the executive selling shares in the open market.
What role does Robert D. Fatovic hold at Ryder (R)?
Robert D. Fatovic is identified as an officer of Ryder, serving as Executive Vice President, Chief Legal Officer and Corporate Secretary. His Form 4 reflects equity compensation and related tax-withholding activity associated with his senior leadership position at the company.