Form 4: Ryan Specialty Holdings EVP Brendan Mulshine Reports Stock Transactions
SEC Form 4
EVP & Chief Revenue Officer of Ryan Specialty Holdings, Brendan Mulshine, reports the vesting and conversion of Restricted LLC Units into Class A Common Stock.
Summary
- On April 1, 2024, Brendan Mulshine, EVP & Chief Revenue Officer of Ryan Specialty Holdings, reported transactions involving Class A Common Stock.
- 1,227 Restricted LLC Units vested and were settled into shares of Class A Common Stock.
- 544 shares of Class A Common Stock were disposed of at a price of $55.5.
- Following these transactions, Mulshine directly owns 683 shares of Class A Common Stock and indirectly owns 74,592 shares jointly with his spouse.
- He also directly owns 1,226 Restricted LLC Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in ownership of Class A Common Stock.
Key Dates
| Date | Description |
|---|---|
| July 21, 2021 | Date of Power of Attorney for Section 16 Reporting Obligations. |
| March 18, 2022 | Reporting Person was granted 3,680 Restricted LLC Units which vest in three equal installments on April 1, 2023, 2024, and 2025. |
| April 1, 2024 | Date of transaction: vesting of Restricted LLC Units and disposition of Class A Common Stock. |
| April 2, 2024 | Date of signature of the Form 4 by Attorney-in-Fact. |
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.