Ryan Specialty (NYSE: RYAN) grants 33,715 stock options to its Chief Financial Officer

Rhea-AI Filing Summary

RYAN SPECIALTY HOLDINGS, INC. reported that Chief Financial Officer Janice M. Hamilton received a grant of stock options tied to the company’s Class A common stock. The award covers 33,715 options with an exercise price of $29.66 per share and no cash changed hands at grant.

The options vest in three equal installments on July 1 of 2029, 2030 and 2031, and expire on May 5, 2036. Once vested, each option can be exercised on a 1-for-1 basis for one share of Class A common stock. This appears to be a routine compensation-related equity grant approved by the board’s compensation and governance committee.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hamilton Janice M

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Executive Chairman Stock Option	33,715	$0.00	--

Holdings After Transaction: Executive Chairman Stock Option — 33,715 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Options granted: 33,715 options Exercise price: $29.66 per share Underlying shares: 33,715 shares +5 more

8 metrics

Options granted 33,715 options Executive Chairman Stock Option grant to CFO Janice Hamilton

Exercise price $29.66 per share Exercise price for each option on Class A common stock

Underlying shares 33,715 shares Each option exercisable 1-for-1 into Class A common stock

Post-grant derivative holdings 33,715 options Total options held after this transaction

Expiration date May 5, 2036 Option expiration for this grant

First vesting date July 1, 2029 First of three equal vesting installments

Second vesting date July 1, 2030 Second vesting installment

Third vesting date July 1, 2031 Final vesting installment

Key Terms

Executive Chairman Stock Option, Class A Common Stock, Rule 16(b)(3), vesting, +1 more

5 terms

Executive Chairman Stock Option financial

"security_title: "Executive Chairman Stock Option""

Class A Common Stock financial

"underlying_security_title: "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.

Rule 16(b)(3) regulatory

"Such grant was approved ... for the purposes of rule 16(b)(3)."

vesting financial

"The stock options vest in equal amounts on July 1, 2029, 2030 and 2031"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

exercise price financial

"conversion_or_exercise_price: "29.6600""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

Form 4 Insider Transactions: What Each Field Means →

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^*

Hamilton Janice M

(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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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	$29.66	05/05/2026		A		33,715		(1)	05/05/2036	Class A Common Stock	33,715	$0	33,715	D

Explanation of Responses:

1. The stock options vest in equal amounts on July 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	05/07/2026
	** 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)

FAQ

What equity award did RYAN (RYAN) grant to its CFO Janice Hamilton?

Ryan Specialty granted Janice Hamilton 33,715 stock options linked to its Class A common stock. These options provide the right to buy shares at a fixed price if she remains with the company and the options vest over time.

What is the exercise price of Janice Hamilton’s new RYAN (RYAN) stock options?

The granted stock options carry an exercise price of $29.66 per share. This means Hamilton can later purchase Class A common stock at $29.66 for each vested option, regardless of the market price at the time of exercise.

When do the new RYAN (RYAN) stock options granted to the CFO vest?

The options vest in three equal installments on July 1, 2029, July 1, 2030, and July 1, 2031. This time-based vesting schedule encourages long-term retention by requiring continued service through each vesting date.

When do Janice Hamilton’s newly granted RYAN (RYAN) options expire?

The stock options are scheduled to expire on May 5, 2036. After that date, any unexercised options will lapse, so potential value must be realized by exercising vested options before this expiration date if conditions are met.

How many RYAN (RYAN) derivative securities does the CFO hold after this grant?

Following the grant, Hamilton holds 33,715 stock options under this award. Each option is exercisable for one share of Class A common stock once vested, aligning her potential upside with future shareholder value creation.

Who approved the RYAN (RYAN) stock option grant to the CFO?

The stock option grant was approved by the compensation and governance committee of Ryan Specialty’s board. The footnote indicates the approval was made for purposes of Rule 16(b)(3), which relates to exempting certain insider transactions from short-swing profit rules.