Ryanair (RYAAY) CPO Hughes reports 18,692 shares and 100,000-share option

Rhea-AI Filing Summary

RYANAIR HOLDINGS PLC officer Darrell Thomas Hughes, Ryanair DAC’s Chief People Officer, has filed an initial ownership report. The filing shows direct holdings of 18,692 shares of common stock and a stock option over 100,000 shares with a €12.79 exercise price.

The option is exercisable between April 1, 2028 and February 7, 2029. It expires when Hughes leaves the Ryanair Group’s employment on or before July 31, 2028, or otherwise on February 8, 2029. The filing records holdings only and does not show any recent trades.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hughes Darrell Thomas

(Last) (First) (Middle)

RYANAIR DUBLIN OFFICE

AIRSIDE BUSINESS PARK

(Street)

SWORDS CO. DUBLIN K67 NY94

(City) (State) (Zip)

IRELAND

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
RYANAIR HOLDINGS PLC [ RYAAY ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Ryanair DAC CPO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	18,692	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	(1)	(2)	Common Stock	100,000	$12.79	D

Explanation of Responses:

1. The option is exercisable between 04/01/2028 and 02/07/2029.

2. The option expires on (i) the date when Hughes, Darrell Thomas leaves the Ryanair Group's employment if on or before 07/31/2028; or (ii) 02/08/2029.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney. For purposes of this Form 3, a conversion rate of USD 1.15 for each EUR 1.00 was used.

	/s/ Vargas Molero, Maria on behalf of and as attorney-in-fact for Hughes, Darrell Thomas	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Ryanair (RYAAY) Form 3 filing by Darrell Thomas Hughes show?

The Form 3 shows Darrell Thomas Hughes’ initial ownership in Ryanair. He directly holds 18,692 common shares and a stock option over 100,000 shares at an exercise price of €12.79 per share, establishing his equity stake as an officer.

How many Ryanair (RYAAY) shares does Darrell Thomas Hughes directly own?

Darrell Thomas Hughes directly owns 18,692 shares of Ryanair common stock. This position is reported as part of his initial beneficial ownership, reflecting shares already held rather than a new market purchase or sale activity.

What stock options does Darrell Thomas Hughes hold in Ryanair (RYAAY)?

He holds a stock option over 100,000 Ryanair common shares with an exercise price of €12.79. This option provides the right to buy shares in the future within a specified exercise window if he remains employed.

When can Darrell Thomas Hughes exercise his Ryanair stock options?

The stock option is exercisable between April 1, 2028 and February 7, 2029. This defined window means the right to buy the 100,000 shares becomes usable only during that future period, subject to his continued employment.

When do Darrell Thomas Hughes’ Ryanair stock options expire?

The option expires when Hughes leaves the Ryanair Group on or before July 31, 2028, or otherwise on February 8, 2029. These conditions limit how long the 100,000-share option remains available for exercise under the plan terms.

Does the Ryanair (RYAAY) Form 3 show any recent share purchases or sales?

The Form 3 records holdings only and does not show any recent purchases or sales. It simply establishes Darrell Thomas Hughes’ existing 18,692 shares and his option over 100,000 shares as of the reporting date.