secwatch.observer — SEC 8-K summary
======================================

Issuer:     RYDER SYSTEM INC (R)
CIK:        0000085961
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001628280-25-056650
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryder CEO Robert Sanchez retires March 31, 2026; John Diez appointed successor
------------------------------------------------------------------------------

- Robert Sanchez steps down as CEO effective March 31, 2026, becomes Executive Chair of the board.
- John Diez, currently President and COO, named CEO and elected to board effective March 31, 2026.
- Sanchez executive chair comp: $800k salary, 125% target bonus, $4.7M LTI (time-vesting only).
- Diez CEO comp: $950k salary, 150% target bonus, $6.25M annual LTI, severance up to 3x salary+bonus on change-in-control.
- Sanchez will not receive severance; existing severance agreement remains in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85961/000162828025056650/0001628280-25-056650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85961/000162828025056650/r-20251211.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-056650

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer