Ryanair CPO exercises RSUs, sells shares for tax
RYANAIR HOLDINGS PLC Chief People Officer Darrell Thomas Hughes reported compensation-related equity activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
RYANAIR HOLDINGS PLC Chief People Officer Darrell Thomas Hughes reported compensation-related equity activity. On May 19, 2026, 26,867 Restricted Stock Units from a 2023 award vested and converted into the same number of common shares on a one-for-one basis under the 2019 LTIP. To cover tax withholding obligations tied to this vesting, he sold 8,197 common shares in an open-market transaction at $26.01 per share. Following these transactions, Hughes directly held 37,362 common shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Hughes Darrell Thomas
Role
Ryanair DAC CPO
Sold
8,197 shs ($213K)
Approx. gross sale proceeds
$213K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,867 | $0.00 | $0.00 |
| Exercise | Common Stock | 26,867 | $0.00 | $0.00 |
| Sale | Common Stock | 8,197 | $26.01 | $213K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 37,362 shares (Direct)
Footnotes (4)
- F1. The Restricted Stock Units (2023 Conditional Award under the Ryanair Holdings PLC 2019 LTIP) convert into common stock on a one-for-one basis.
- F2. Represents shares sold by Mr. Hughes pursuant to a sell-to-cover arrangement in order to satisfy the tax withholding obligations in connection with the vesting and settlement of the award.
- F3. The price of the retained shares was EUR 22.42, which was converted to USD for purposes of this report by multiplying such price by 1.16, which was the closing foreign exchange rate on May 19, 2026.
- F4. Mr. Hughes received a grant of Restricted Stock Units on March 9, 2023 which, in addition to time-based vesting, was subject to performance-based vesting conditions unrelated to the Issuer's stock price. Such performance-based vesting conditions were satisfied on May 19, 2026.
Key Figures
Shares sold: 8,197 shares
Sale price: $26.01 per share
RSUs vested: 26,867 units
+2 more
5 metrics
Shares sold
8,197 shares
Open-market sale on May 19, 2026 at $26.01 per share
Sale price
$26.01 per share
Price for 8,197 common shares sold to cover taxes
RSUs vested
26,867 units
Restricted Stock Units converting one-for-one into common stock
Shares held after
37,362 shares
Direct common stock holdings after vesting and tax sale
FX rate
1.16
EUR 22.42 share price converted to USD using May 19, 2026 rate
Key Terms
Restricted Stock Units, sell-to-cover arrangement, performance-based vesting conditions, 2019 LTIP, +1 more
5 terms
Restricted Stock Units financial
"The Restricted Stock Units (2023 Conditional Award under the Ryanair Holdings PLC 2019 LTIP) convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell-to-cover arrangement financial
"Represents shares sold by Mr. Hughes pursuant to a sell-to-cover arrangement in order to satisfy the tax withholding obligations..."
performance-based vesting conditions financial
"…was subject to performance-based vesting conditions unrelated to the Issuer's stock price."
2019 LTIP financial
"The Restricted Stock Units (2023 Conditional Award under the Ryanair Holdings PLC 2019 LTIP) convert into common stock..."
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ryanair (RYAAY) executive Darrell Thomas Hughes report in this Form 4?
Darrell Thomas Hughes reported vesting of 26,867 Restricted Stock Units that converted into common shares, plus an open-market sale of 8,197 shares. The sale was made to cover tax withholding obligations arising from the award’s vesting and settlement.
How many Ryanair (RYAAY) Restricted Stock Units vested for Hughes?
A total of 26,867 Restricted Stock Units vested for Hughes and converted into 26,867 common shares. These units were granted on March 9, 2023 under the 2019 LTIP and were subject to additional performance-based vesting conditions that were satisfied on May 19, 2026.
Were Hughes’s Ryanair (RYAAY) equity awards tied to performance conditions?
Yes. The 26,867 Restricted Stock Units granted on March 9, 2023 had time-based and performance-based vesting conditions unrelated to Ryanair’s stock price. The performance conditions were met on May 19, 2026, triggering the vesting and settlement into common shares.
What foreign exchange detail is disclosed in Hughes’s Ryanair (RYAAY) Form 4?
The filing notes that the price of retained shares was €22.42 and that this value was converted into U.S. dollars by multiplying by 1.16, the closing foreign exchange rate on May 19, 2026, solely for purposes of the Form 4 report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
