STOCK TITAN

Ryder (R) EVP & CIO exercises options, then sells 14,367 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ryder System EVP & CIO Rajeev Ravindran exercised stock options and sold shares on common stock. On February 13, 2026, he exercised options for 7,552 shares at a strike price of $74.72 and 6,815 shares at $57.92, receiving the same number of common shares. He then sold 7,552 shares of common stock at a weighted average price of $211.94, with individual trades ranging from $211.60 to $212.32, and sold a further 6,815 shares at $211.50. After these transactions, he directly owned 20,832 shares of Ryder common stock.

Positive

  • None.

Negative

  • None.
Insider Ravindran Rajeev
Role EVP & CIO
Sold 14,367 shs ($3.04M)
Type Security Shares Price Value
Exercise Stock Option (right to buy) 7,552 $0.00 --
Exercise Stock Option (right to buy) 6,815 $0.00 --
Exercise common stock 7,552 $74.72 $564K
Sale common stock 7,552 $211.94 $1.60M
Exercise common stock 6,815 $57.92 $395K
Sale common stock 6,815 $211.50 $1.44M
Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct); common stock — 28,384 shares (Direct)
Footnotes (1)
  1. This reflects the weighted average price at which the shares were sold. The sale price ranged from $211.60 to $212.32. 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 price reported reflects multiple sales at the same price of $211.50. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the shares sold. The stock options vest in three equal installments on February 21, 2019, February 21, 2020 and February 21, 2021. The stock options vest in three equal installments on February 8, 2020, February 8, 2021 and February 8, 2022.
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*
Ravindran Rajeev

(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 & CIO
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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 02/13/2026 M 7,552 A $74.72 28,384 D
common stock 02/13/2026 S 7,552 D $211.94(1) 20,832 D
common stock 02/13/2026 M 6,815 A $57.92 27,647 D
common stock 02/13/2026 S 6,815 D $211.5(2) 20,832 D
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) $74.72 02/13/2026 M 7,552 (3) 02/21/2028 common stock 7,552 $0 0 D
Stock Option (right to buy) $57.92 02/13/2026 M 6,815 (4) 02/08/2029 common stock 6,815 $0 0 D
Explanation of Responses:
1. This reflects the weighted average price at which the shares were sold. The sale price ranged from $211.60 to $212.32. 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 price reported reflects multiple sales at the same price of $211.50. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the shares sold.
3. The stock options vest in three equal installments on February 21, 2019, February 21, 2020 and February 21, 2021.
4. The stock options vest in three equal installments on February 8, 2020, February 8, 2021 and February 8, 2022.
Remarks:
/s/ Robert D. Fatovic, by power of attorney 02/18/2026
** 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 Rajeev Ravindran do in this Form 4 filing?

Rajeev Ravindran, Ryder’s EVP & CIO, exercised stock options and sold common shares. He converted options into 14,367 shares, then sold 14,367 shares in the open market, leaving him with direct ownership of 20,832 Ryder common shares.

How many Ryder (R) shares did Rajeev Ravindran sell and at what prices?

Rajeev Ravindran sold 14,367 Ryder common shares. He sold 7,552 shares at a weighted average price of $211.94, within a $211.60–$212.32 range, and 6,815 shares at a price of $211.50 in open-market transactions.

How many Ryder (R) shares does Rajeev Ravindran own after these transactions?

After the reported transactions, Rajeev Ravindran directly owns 20,832 Ryder common shares. This figure reflects his holdings following the option exercises that increased his shares and the subsequent open-market sales that reduced his position.

What stock options did Rajeev Ravindran exercise in Ryder (R)?

Rajeev Ravindran exercised two stock option grants, converting 7,552 options at a strike price of $74.72 and 6,815 options at $57.92 into the same number of Ryder common shares, according to the Form 4 transaction details and related footnotes.

Were the Ryder (R) share sales by Rajeev Ravindran open-market transactions?

Yes, the Form 4 describes the two common stock sales as open-market or private transactions. The codes and descriptions show transaction code “S” for each sale, indicating standard sale activity rather than option grants or other non-market dispositions.

What do the Form 4 footnotes reveal about Rajeev Ravindran’s Ryder (R) trades?

The footnotes explain that 7,552 shares were sold at a weighted average price between $211.60 and $212.32, and that 6,815 shares were sold at $211.50. They confirm multiple trades at those prices and offer to provide full price breakdowns upon request.