Form 4: Patrick G. Ryan Jr. Receives RSU Grant at Ryan Specialty

Director Patrick G. Ryan Jr. acquired 5,757 shares of Class A Common Stock through an immediate vesting of Restricted Stock Units.

Summary

• Patrick G. Ryan Jr., a Director at Ryan Specialty Holdings, Inc., was granted 5,757 Restricted Stock Units (RSUs).
• The RSUs vested immediately upon the grant date of April 28, 2026.
• Following this transaction, the reporting person directly owns 262,316.053 shares of Class A Common Stock.
• The reporting person maintains an indirect interest in 428,295 shares held in trusts for the benefit of himself and family members.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding routine director compensation and equity ownership changes.

Positives

• The transaction reflects an increase in the director's direct equity stake in the company.
• The grant was approved by the Board of the Issuer, ensuring compliance with Rule 16(b)(3).

Negatives

• None identified in this filing.

Risks

• None identified in this filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that this filing represents standard equity-based compensation for corporate directors, which is common practice among publicly traded insurance and specialty brokerage firms to align director interests with shareholder value.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard corporate governance practices in the financial services sector.
• The reporting of these transactions via Form 4 is in full compliance with SEC regulatory requirements for publicly traded companies.

Related Party Transactions

• The reporting person serves as trustee for trusts holding 428,295 shares for the benefit of himself and his family members.

Stakeholder Impact

• Minimal impact on stakeholders as this is a routine equity grant to a director.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Ryan Specialty, RYAN, Form 4, Insider Trading, Restricted Stock Units, Equity Compensation