Form 4: Director David Bolger Increases Ryan Specialty Holdings Stake
Statement of Changes in Beneficial Ownership
Director David P. Bolger acquired 5,757 Restricted Stock Units of Ryan Specialty Holdings, Inc. as part of board compensation.
Summary
- Director David P. Bolger received a grant of 5,757 Restricted Stock Units (RSUs) of Class A Common Stock.
- The transaction occurred on April 28, 2026.
- The RSUs vested immediately upon grant.
- The reporting person has elected to defer settlement of these units until his separation from service on the board of directors.
- Following this transaction, the director holds 20,580 shares directly and 66,467 shares indirectly through a revocable trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director equity compensation that does not signal a change in company strategy or financial health.
Positives
- Demonstrates alignment of interest between the director and shareholders through equity ownership.
- The grant was approved by the Board of the Issuer under Rule 16(b)(3).
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The director has elected to defer the settlement of the granted RSUs until his eventual separation from the board of directors.
Industry Context
StockSavvy.ai notes that this filing represents standard director compensation practices within the insurance brokerage sector, reflecting routine equity-based incentive alignment.
Comparison to Industry Standards
- The use of RSUs for board compensation is consistent with standard corporate governance practices for publicly traded financial services firms.
- The deferral of settlement until separation from service is a common practice among directors to maintain long-term alignment with company performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of RSUs to a director under board-approved compensation plans. | 2026-04-28 | Minimal; standard alignment of director interests. |
Stakeholder Impact
- Positive signal for shareholders as it indicates continued commitment from a board member.
Next Steps
- Settlement of the deferred RSUs upon the director's future separation from the board.
Key Dates
| Date | Description |
|---|---|
| 1995-10-30 | Date of the David P. Bolger Revocable Trust. |
| 2026-04-28 | Date of the RSU grant transaction. |
| 2026-04-30 | Date of filing. |
Keywords
Ryan Specialty Holdings, RYAN, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.