Form 4: Ryan Specialty Holdings Director Bolger Sells Shares and Receives Restricted Stock Units

Director David P. Bolger of Ryan Specialty Holdings sold 7,055 shares of Class A Common Stock and received 12,500 Restricted Stock Units.

Summary

• David P. Bolger, a director at Ryan Specialty Holdings, sold 7,055 shares of Class A Common Stock on November 21, 2024, at a price of $70.88 per share.
• These shares were exchanged for ownership in a diversified fund.
• Following the transaction, Bolger directly owns 78,149 shares of Class A Common Stock through the David P. Bolger Revocable Trust.
• Bolger also received 12,500 Restricted Stock Units that vested immediately upon grant.
• The settlement of these Restricted Stock Units is deferred until Bolger's separation from service on the board of directors.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction by a company director. There is no indication of positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for publicly traded companies in the United States.
• The transactions are typical for directors who may receive stock-based compensation and manage their personal portfolios.
• The sale of shares and receipt of restricted stock units are common forms of compensation and portfolio management for directors in similar companies.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.
• The sale of shares by a director may have a minor impact on the stock price.

Key Dates

Keywords

Ryan Specialty Holdings, Director, David P. Bolger, Class A Common Stock, Restricted Stock Units, Share Sale, Diversified Fund, SEC Form 4, Insider Trading