Ryanair (NASDAQ: RYAAY) CEO receives 10M options at €26.70 strike

Rhea-AI Filing Summary

Ryanair Holdings plc reported that Group Chief Executive Officer Michael O'Leary received a grant of share options under the Ryanair Holdings plc 2019 Long Term Incentive Plan. The award covers 10,000,000 options over ordinary shares with a nominal value of €0.006 each.

The options carry a strike price of €26.70 per share and are subject to achievement of certain targets. The grant was recorded as a single transaction conducted outside a trading venue on 19 June 2026, in line with EU Market Abuse Regulation disclosure requirements.

Insights

Executive compensation and governance analyst

Ryanair’s CEO received 10M performance-linked options at a €26.70 strike price.

The disclosure shows Michael O'Leary, Group CEO of Ryanair Holdings plc, was granted 10,000,000 options on ordinary shares under the 2019 Long Term Incentive Plan. The options have a strike price of €26.70 per share and were granted on 19 June 2026.

The grant is explicitly described as subject to achievement of certain targets, indicating performance conditions rather than an unconditional award. It was executed as a single transaction outside a trading venue and reported under the EU Market Abuse Regulation, which seeks timely transparency on senior management equity incentives.

Future company communications may clarify the specific performance targets and vesting mechanics under the 2019 Long Term Incentive Plan, helping investors evaluate how closely this large option grant aligns CEO rewards with long-term shareholder outcomes.

Key Figures

Options granted: 10,000,000 options Strike price: €26.70 per share Nominal share value: €0.006 per share +1 more

4 metrics

Options granted 10,000,000 options Grant to Group CEO Michael O'Leary under 2019 LTIP

Strike price €26.70 per share Exercise price for newly granted options

Nominal share value €0.006 per share Ordinary shares underlying the options

Transaction date 19 June 2026 Date of CEO option grant

Key Terms

Persons Discharging Managerial Responsibilities, Market Abuse Regulation, Long Term Incentive Plan, strike price, +1 more

5 terms

Persons Discharging Managerial Responsibilities regulatory

"Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them"

Persons Discharging Managerial Responsibilities are the key people in a company who make big decisions, like top managers or executives. Knowing who they are is important because their actions can influence the company’s success or failure, and they are often required to share information about their dealings to ensure transparency for investors and the public.

Market Abuse Regulation regulatory

"under Article 19 of Regulation (EU) No 596/2014 ... on market abuse (Market Abuse Regulation)"

Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.

Long Term Incentive Plan financial

"under the Ryanair Holdings plc 2019 Long Term Incentive Plan"

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

strike price financial

"Grant of options to purchase shares at a strike price of €26.70"

The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.

ordinary shares financial

"Ordinary Shares of nominal value €0.006 each"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 06/22/2026 - 06:11 AM Accepted by SEC EDGAR 06/22/2026 - 06:11 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of June 2026

RYANAIR HOLDINGS PLC

(Translation of registrant's name into English)

c/o Ryanair Ltd Corporate Head Office

Dublin Airport

County Dublin Ireland

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.

Form 20-F..X.. Form 40-F 

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange

Act of 1934.

Yes   No ..X..

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b): 82- ________

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael O'Leary
		2)	Reason for the notification
a)	Position/status	Group Chief Executive Officer
b)	Initial Notification Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ryanair Holdings Plc
b)	LEI	635400BR2ROC1FVEBQ56
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial  instrument, type  of instrument Identification code	Ordinary Shares of nominal value €0.006 each ISIN: IE00BYTBXV33
b)	Nature of the transaction	Grant of options to purchase shares at a strike price of €26.70 (subject to achievement of certain targets) under the Ryanair Holdings plc 2019 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		€26.70	10,000,000
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	19 June 2026
f)	Place of the transaction	Outside trading venue
g)	Additional Information	Not applicable

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

RYANAIR HOLDINGS PLC

Date: 19 June, 2026

By:___/s/ Juliusz Komorek____

Juliusz Komorek

Company Secretary