Ryan Specialty Holdings, Inc. (NYSE: RYAN) awards 22,920 options to COO

Rhea-AI Filing Summary

Ryan Specialty Holdings, Inc. granted Co-President and COO Stephen Patrick Keogh an Executive Chairman Stock Option covering 22,920 shares of Class A common stock at an exercise price of $43.63 per share. The options vest in three equal installments on October 1, 2029, 2030 and 2031, are exercisable 1-for-1 into Class A common stock, and expire on August 4, 2036.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Keogh Stephen Patrick

Role Co-President and COO

Type	Security	Shares	Price	Value
Grant/Award	Executive Chairman Stock Option F1	22,920	$0.00	$0.00

Holdings After Transaction: Executive Chairman Stock Option — 22,920 shares (Direct)

Footnotes (1)

1. F1. The stock options vest in equal amounts on October 1, 2029, 2030 and 2031 and are exercisable on a 1-for-1 basis for shares of Class A common stock, par value $0.001 per share, of the Issuer. Such grant was approved by the compensation and governance committee of the board of the Issuer for the purposes of rule 16(b)(3).

Key Figures

Stock options granted: 22,920 shares Exercise price: $43.63 per share Underlying shares: 22,920 shares +2 more

5 metrics

Stock options granted 22,920 shares Executive Chairman Stock Option granted to Stephen Patrick Keogh

Exercise price $43.63 per share Exercise price of Executive Chairman Stock Option

Underlying shares 22,920 shares Class A common stock deliverable 1-for-1 upon exercise

Option expiration 2036-08-04 Expiration date of the Executive Chairman Stock Option

Vesting dates October 1, 2029; October 1, 2030; October 1, 2031 Three equal vesting installments of the option grant

Key Terms

Executive Chairman Stock Option, Class A common stock, par value $0.001 per share, rule 16(b)(3)

4 terms

Executive Chairman Stock Option financial

"granted an Executive Chairman Stock Option covering 22,920 shares"

Class A common stock financial

"exercisable on a 1-for-1 basis for shares of Class A common stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

par value $0.001 per share financial

"Class A common stock, par value $0.001 per share, of the Issuer"

rule 16(b)(3) regulatory

"approved by the compensation and governance committee for purposes of rule 16(b)(3)"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/06/2026 - 04:56 PM Accepted by SEC EDGAR 08/06/2026 - 04:56 PM Learn about SEC filing dates

FAQ

What insider transaction did RYAN report for Stephen Patrick Keogh?

Ryan Specialty Holdings reported a grant of 22,920 stock options to Co-President and COO Stephen Patrick Keogh. The options are exercisable into Class A common stock at $43.63 per share and expire on August 4, 2036, with long-dated vesting.

How many stock options were granted to the RYAN Co-President and COO and at what price?

Stephen Patrick Keogh received 22,920 stock options with an exercise price of $43.63 per share. These options are labeled as an Executive Chairman Stock Option and are exercisable 1-for-1 for shares of Class A common stock of Ryan Specialty Holdings.

When do the newly granted RYAN stock options to Stephen Patrick Keogh vest?

The 22,920 options granted to Stephen Patrick Keogh vest in three equal installments on October 1, 2029, 2030 and 2031. This staggered vesting schedule spreads the potential share delivery over several years once the options are exercisable.

What is the expiration date of Stephen Patrick Keogh’s RYAN stock option grant?

The Executive Chairman Stock Option granted to Stephen Patrick Keogh expires on August 4, 2036. After that date, any unexercised portion of the 22,920 options, which are exercisable into Class A common stock, can no longer be exercised.

What type of security underlies the new RYAN option grant to Stephen Patrick Keogh?

The option grant is exercisable on a 1-for-1 basis for 22,920 shares of Class A common stock of Ryan Specialty Holdings. The footnote notes this Class A common stock has a par value of $0.001 per share.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Keogh Stephen Patrick

(Last) (First) (Middle)

155 NORTH WACKER DRIVE, SUITE 4000

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RYAN SPECIALTY HOLDINGS, INC. [ RYAN ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-President and COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Executive Chairman Stock Option	$43.63	08/04/2026		A		22,920		(1)	08/04/2036	Class A Common Stock	22,920	$0	22,920	D

Explanation of Responses:

1. The stock options vest in equal amounts on October 1, 2029, 2030 and 2031 and are exercisable on a 1-for-1 basis for shares of Class A common stock, par value $0.001 per share, of the Issuer. Such grant was approved by the compensation and governance committee of the board of the Issuer for the purposes of rule 16(b)(3).

Remarks:

	/s/ Mark S. Katz, as Attorney-in-Fact	08/06/2026
	** 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 4 (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 4: SEC 1474 (03-26)