Ryan Specialty officer proposes $2.37M share sale

The acquisition entry describes pre-IPO incentive equity into LLC units in the post-IPO Up-C corporate structure, with services rendered as payment.

Available on EDGAR 11/09/2026 - 04:14 PM EST Accepted by SEC EDGAR 11/09/2026 - 04:14 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Ryan Specialty Holdings, Inc. (RYAN) is the issuer in a proposed sale by its officer, Benjamin Miles Wuller, of 50,000 common shares. The approximate sale date is November 9, 2026, and the stated aggregate market value is $2,365,645.00. Morgan Stanley Smith Barney LLC is named as broker, NYSE as the securities exchange, and the form lists 119,694,115 common shares outstanding.

Key Figures

Proposed sale: 50,000 common shares Aggregate market value: $2,365,645.00 Common shares outstanding: 119,694,115 shares

3 metrics

Proposed sale 50,000 common shares Approximate sale date: November 9, 2026

Aggregate market value $2,365,645.00 Proposed sale

Common shares outstanding 119,694,115 shares Ryan Specialty Holdings, Inc.

Key Terms

Aggregate Market Value, Pre-IPO Incentive Equity, Up-C Corporate Structure

3 terms

Aggregate Market Value financial

"Aggregate Market Value"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Pre-IPO Incentive Equity financial

"Pre-IPO Incentive Equity into LLC Units"

Up-C Corporate Structure technical

"Post IPO Up-C Corporate Structure"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RYAN shares is Benjamin Miles Wuller proposing to sell?

Officer Benjamin Miles Wuller is listed as proposing to sell 50,000 common shares, with an approximate sale date of November 9, 2026.

What is the stated market value of the proposed RYAN share sale?

The proposed sale has a stated aggregate market value of $2,365,645.00.

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

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002043751
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	RYAN SPECIALTY HOLDINGS, INC.
SEC File Number	001-40645
Address of Issuer	155 N. Wacker Drive, Suite 4000 Chicago ILLINOIS 60606
Phone	(312) 784-6001
Name of Person for Whose Account the Securities are To Be Sold	BENJAMIN MILES WULLER
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50000	2365645.00	119694115	11/09/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/22/2021	Pre-IPO Incentive Equity into LLC Units of Post IPO Up-C Corporate Structure	Issuer			50000	07/22/2021	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	11/09/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Benjamin MIles Wuller
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)