Ryanair CFO exercises 61,412 RSUs into shares
RYANAIR HOLDINGS PLC Group CFO Neil Michael Sorahan exercised 61,412 Restricted Stock Units into an equal number of common shares.
Rhea-AI Filing Summary
RYANAIR HOLDINGS PLC Group CFO Neil Michael Sorahan exercised 61,412 Restricted Stock Units into an equal number of common shares. These units were granted on March 9, 2023 under the Ryanair Holdings PLC 2019 LTIP and converted on a one-for-one basis into common stock.
The award was subject to time-based vesting and additional performance-based vesting conditions that were satisfied on May 19, 2026. Following this exercise, Sorahan holds 346,412 common shares directly. The filing shows a compensation-related equity conversion, with no open-market share sale reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
61,412 shares exercised/converted
Exercise
2 txns
Insider
Sorahan Neil Michael
Role
Group CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 61,412 | $0.00 | $0.00 |
| Exercise | Common Stock | 61,412 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 346,412 shares (Direct)
Footnotes (2)
- 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. Mr. Sorahan 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
RSUs exercised: 61,412 units
Common shares received: 61,412 shares
Shares held after transaction: 346,412 shares
+3 more
6 metrics
RSUs exercised
61,412 units
Restricted Stock Units converted into common stock on May 19, 2026
Common shares received
61,412 shares
Common Stock issued on one-for-one RSU conversion
Shares held after transaction
346,412 shares
Direct ownership following RSU conversion
Grant date of RSUs
March 9, 2023
Date CFO received Conditional Award under 2019 LTIP
Performance conditions satisfied
May 19, 2026
Date performance-based vesting conditions were met
Conversion ratio
1:1
RSUs convert into common stock on a one-for-one basis
Key Terms
Restricted Stock Units, 2019 LTIP, performance-based vesting conditions, derivative security
4 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.
2019 LTIP 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."
performance-based vesting conditions financial
"was subject to performance-based vesting conditions unrelated to the Issuer's stock price."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Ryanair (RYAAY) Group CFO Neil Sorahan report in this Form 4?
Neil Sorahan reported the exercise of 61,412 Restricted Stock Units into 61,412 common shares. These units were part of a 2019 LTIP grant, and the transaction reflects compensation-related equity vesting rather than an open-market share purchase or sale.
What type of securities did the Ryanair (RYAAY) CFO convert on May 19, 2026?
The CFO converted 61,412 Restricted Stock Units into 61,412 common shares on May 19, 2026. These RSUs were granted in 2023 under the Ryanair Holdings PLC 2019 LTIP and carried both time-based and performance-based vesting conditions.
Were the Ryanair (RYAAY) CFO’s Restricted Stock Units subject to performance conditions?
Yes. The Restricted Stock Units granted on March 9, 2023 were subject to time-based vesting and performance-based vesting conditions. The filing states these performance conditions, which were unrelated to Ryanair’s stock price, were satisfied on May 19, 2026.
What is the conversion ratio for the Ryanair (RYAAY) CFO’s Restricted Stock Units?
The filing states that the Restricted Stock Units convert into common stock on a one-for-one basis. In this case, 61,412 RSUs converted into 61,412 Ryanair common shares once the vesting and performance conditions were satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
