Form 4: Ryan Specialty Holdings Director Acquires Shares Through Vesting of Restricted Stock Units

Sentiment:

SEC Form 4


Director Henry S. Bienen acquired 2,496 shares of Class A Common Stock in Ryan Specialty Holdings through the vesting of restricted stock units.

Summary

  • On April 30, 2024, Henry S. Bienen, a director of Ryan Specialty Holdings, Inc., acquired 2,496 shares of Class A Common Stock.
  • The acquisition was due to the vesting of restricted stock units, with a price of $0.00 per share.
  • Following the transaction, Bienen directly owns 2,496 shares of Class A Common Stock.
  • Bienen also indirectly owns 24,470 shares through the Henry S. Bienen 1997 Trust and 27,423 shares through the Leigh Buchanan Bienen 1997 Trust.
  • Bienen disclaims beneficial ownership of the shares held in trust except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a standard compensation practice (vesting of restricted stock units) for a company director, indicating alignment with company performance.

Positives

  • The vesting of restricted stock units indicates a form of compensation and alignment of interests between the director and the company's performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine insider transaction.
  • It provides transparency to shareholders regarding the holdings of company directors.

Key Dates

DateDescription
11/10/1997Date of Henry S. Bienen 1997 Trust and Leigh Buchanan Bienen 1997 Trust
04/30/2024Date of transaction: Acquisition of Class A Common Stock through vesting of restricted stock units
05/02/2024Date of signature for the Form 4 filing

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