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8-K

Ryder System Inc (R)

8-K 2023-05-09 For: 2023-05-05
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 5, 2023

RYDER SYSTEM, INC.

(Exact name of registrant as specified in its charter)

Florida 1-4364 59-0739250
(State or other jurisdiction<br>of incorporation) (Commission<br>File Number) (I.R.S. Employer<br>Identification No.)
11690 NW 105th Street 33178
--- --- ---
Miami, Florida (Zip Code)
(Address of principal executive offices)

Registrant’s telephone number, including area code: (305) 500-3726

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | | --- | --- || ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | | --- | --- || ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | | --- | --- || ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | | --- | --- |

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock R New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

At the Annual Meeting of Shareholders of Ryder System, Inc. (the "Company"), held on May 5, 2023, our shareholders voted as indicated below on the following proposals. All proposals other than Proposal 6 passed and each director nominee was re-elected.

Proposal 1 - Election of eleven directors for a one-year term of office expiring at the 2024 Annual Meeting.

Nominees For Against Abstain
Robert J. Eck 32,335,627 6,618,140 62,458
Robert A. Hagemann 38,861,791 88,939 65,495
Michael F. Hilton 37,291,632 1,657,853 66,740
Tamara L. Lundgren 37,883,488 1,066,957 65,780
Luis P. Nieto, Jr. 36,846,430 2,101,844 67,951
David G. Nord 38,675,930 273,788 66,507
Robert E. Sanchez 37,062,830 1,902,221 51,174
Abbie J. Smith 37,561,412 1,399,137 55,676
E. Follin Smith 36,587,402 2,360,301 68,522
Dmitri L. Stockton 37,941,776 1,007,586 66,863
Charles M. Swoboda 38,638,987 309,515 67,723

Proposal 2 - Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered certified public accounting firm for the 2023 fiscal year.

For Against Abstain
41,893,666 896,027 56,886

Proposal 3 - Approval, on an advisory basis, of the compensation of the Company’s named executive officers.

For Against Abstain
37,084,379 1,839,206 92,640

Proposal 4 - Approval, on an advisory basis, of the frequency of the shareholder vote on the compensation of the Company's named executive officers.

1 Year 2 Years 3 Years Abstain
37,171,656 26,911 1,765,144 52,514

Proposal 5 - Approval of the amendment to the Amended and Restated 2019 Equity and Incentive Compensation Plan.

For Against Abstain
35,232,691 3,682,877 100,657

Proposal 6 - Vote, on an advisory basis, on a shareholder proposal regarding independent board chair.

For Against Abstain
14,670,649 24,197,826 147,750

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 9, 2023 RYDER SYSTEM, INC.<br>(Registrant)
By: /s/ Robert D.Fatovic
Name: Robert D. Fatovic
Title: Executive Vice President, Chief Legal<br>Officer & Corporate Secretary