Ryder (R) CEO details major stock vesting and tax withholdings
Rhea-AI Filing Summary
Ryder Inc. Chair and CEO Robert E. Sanchez reported equity compensation activity and related tax withholdings. On February 6, 2026, he acquired 62,613 shares of common stock at $0 from performance-based restricted stock rights (PBRSRs) that were granted on February 10, 2023 and vested upon Board approval. The company withheld 24,661 shares at $217.5 per share to cover taxes on this vesting.
That same day, Sanchez received 21,609 time-based restricted stock rights, which vest ratably over three years. On February 7, 2026, the company withheld a further 2,217 shares at $217.5 per share for taxes tied to the vesting of TVRSRs granted on February 7, 2025. After these transactions, he held 98,168 shares directly, plus indirect holdings of 441,532 shares through The Robert E. Sanchez Revocable Trust, 28,450 shares via the Ryder Employee Savings Plan, and 3,696 shares through the Ryder Deferred Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | common stock | 2,217 | $217.50 | $482K |
| Grant/Award | common stock | 62,613 | $0.00 | -- |
| Tax Withholding | common stock | 24,661 | $217.50 | $5.36M |
| Grant/Award | common stock | 21,609 | $0.00 | -- |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
Footnotes (1)
- With respect to performance-based restricted stock rights (PBRSRs), 62,613 shares were earned out of the 37,332 shares that were granted on February 10, 2023. The PBRSRs vested upon Board approval. Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of PBRSRs granted to the reporting person on February 10, 2023. Represents time-based restricted stock rights granted to the reporting person by the Company, which vest ratably over a term of three years. 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 7, 2025.