Ryan Specialty Holdings (RYAN) EVP & CHRO Conklin sells 2,043 shares at $42.26

Rhea-AI Filing Summary

RYAN SPECIALTY HOLDINGS, INC. executive Michael Conklin (EVP & CHRO) reported a sale of 2,043 shares of Class A Common Stock on 2026-08-13. The weighted average sale price was $42.2633 per share, from multiple trades between $42.26 and $42.28. Following this transaction, Conklin directly holds 8,153 shares of Class A Common Stock.

Insider Trade Summary

Net Seller: 2,043 shares

Net Sell 1 txn

Insider Conklin Michael

Role EVP & CHRO

Sold 2,043 shs ($86K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1	2,043	$42.2633	$86K

Holdings After Transaction: Class A Common Stock — 8,153 shares (Direct)

Footnotes (1)

1. F1. The price reported is a weighted average price. These shares of Class A Common Stock of the Issuer were sold in multiple transactions ranging from $42.26 to $42.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price in the ranges set forth in this footnote.

Key Figures

Shares sold: 2,043 shares Weighted average sale price: $42.2633 per share Price range: $42.26–$42.28 per share +1 more

4 metrics

Shares sold 2,043 shares Non-derivative sale of Class A Common Stock on 2026-08-13

Weighted average sale price $42.2633 per share Multiple transactions ranging from $42.26 to $42.28

Price range $42.26–$42.28 per share Range of prices for trades included in the weighted average

Shares held after transaction 8,153 shares Direct ownership of Class A Common Stock following sale

Key Terms

weighted average price, Class A Common Stock, non-derivative, Rule 10b5-1

4 terms

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Class A Common Stock financial

"These shares of Class A Common Stock of the Issuer were sold"

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.

non-derivative financial

"transaction_type": "non-derivative""

Rule 10b5-1 regulatory

"the staff of the Securities and Exchange Commission, upon request"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did RYAN (RYAN) report for Michael Conklin?

RYAN disclosed that EVP & CHRO Michael Conklin sold 2,043 shares of Class A Common Stock on 2026-08-13. The transaction was a reported open-market or private sale coded as "S" on a Form 4 filing.

At what price did Michael Conklin sell RYAN (RYAN) shares?

The reported weighted average price was $42.2633 per share. A footnote explains the shares were sold in multiple transactions with prices ranging from $42.26 to $42.28, inclusive, on the transaction date.

How many RYAN (RYAN) shares does Michael Conklin hold after this sale?

After the reported sale, Michael Conklin directly holds 8,153 shares of RYAN Class A Common Stock. This share count reflects his direct ownership immediately following the 2,043-share disposition on 2026-08-13.

Was Michael Conklin’s RYAN (RYAN) trade made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is unchecked. There is no footnote stating the sale was executed pursuant to a Rule 10b5-1 or other pre-arranged trading plan for this transaction.

What does the Form 4 transaction code "S" mean for RYAN (RYAN)?

For this RYAN filing, transaction code "S" denotes a sale of non-derivative securities in the open market or a private transaction. It confirms that the 2,043 Class A Common shares were disposed of rather than acquired.

Does Michael Conklin have any derivative positions reported for RYAN (RYAN)?

The derivative summary for this Form 4 is empty, and no derivative transactions are listed. Only a single non-derivative sale of Class A Common Stock is reported for Michael Conklin in this particular filing.

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 08/14/2026 - 05:24 PM Accepted by SEC EDGAR 08/14/2026 - 05:24 PM Learn about SEC filing dates

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^*

Conklin Michael

(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)
	EVP & CHRO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026

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
Class A Common Stock	08/13/2026		S		2,043	D	$42.2633	8,153(1)	D

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

Explanation of Responses:

1. The price reported is a weighted average price. These shares of Class A Common Stock of the Issuer were sold in multiple transactions ranging from $42.26 to $42.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price in the ranges set forth in this footnote.

Remarks:

	/s/ Mark S. Katz, as Attorney-in-Fact	08/14/2026
	** 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)