President Thomas M. Havens sells 12,571 shares of Ryder at $221.65 avg for $2.8M, reducing stake by -27.5%
Thomas M. Havens, President of Global FMS at Ryder System Inc, executed two separate sales on 2026-02-18 totaling 12,571 shares for $2,786,346.79 at a blended average price of $221.65. The sale reduced his post-transaction holdings to 33,074 shares from 45,645 shares, a -27.5% reduction in his stake. The transaction occurred at 2.4% below the current price of $224.06; the stock has risen 15.2% over the past 30 days and 33.2% over the past 90 days, near its 52-week high. At Ryder, Havens' prior five transactions show a mixed record: only 1 of 5 prior sales demonstrated positive 90-day outcomes (well-timed = negative 90d return for sells), with outcomes ranging from -6.3% to +8.8% at the 90-day horizon. This sale represents a significant reduction in his equity position at the company.