Ryan Specialty (RYAN) director Henry S. Bienen reports 3,000-share Class A stock gift

Rhea-AI Filing Summary

RYAN SPECIALTY HOLDINGS, INC. director Henry S. Bienen reported a Form 4 transaction involving Class A Common Stock. On 2026-08-10, an entity associated with him, the Henry S. Bienen 1997 Trust dated November 10, 1997, made a bona fide gift of 3,000 shares, reported at a price of $0.0000 per share. Following this gift, that trust held 24,795 shares indirectly. A separate indirect holding entry shows 28,590 shares in the Leigh Buchanan Bienen 1997 Trust dated November 10, 1997. Mr. Bienen disclaims beneficial ownership of these trust-held shares except to the extent of his pecuniary interest.

Insider Trade Summary

Net Seller: 3,000 shares

Net Sell 2 txns

Insider Bienen Henry S

Role Director

Type	Security	Shares	Price	Value
Gift	Class A Common Stock F1	3,000	$0.00	$0.00
holding	Class A Common Stock F1	--	--	--

Holdings After Transaction: Class A Common Stock — 24,795 shares (Indirect, In Henry S. Bienen 1997 Trust Dated November 10, 1997); Class A Common Stock — 28,590 shares (Indirect, In Leigh Buchanan Bienen 1997 Trust Dated November 10, 1997)

Footnotes (1)

1. F1. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Key Figures

Shares gifted: 3,000 shares Price per share (gift): $0.0000 Shares held after gift (Henry S. Bienen 1997 Trust): 24,795 shares +2 more

5 metrics

Shares gifted 3,000 shares Bona fide gift of Class A Common Stock on 2026-08-10

Price per share (gift) $0.0000 Reported transaction price per share for the 3,000-share gift

Shares held after gift (Henry S. Bienen 1997 Trust) 24,795 shares Indirect holdings in Henry S. Bienen 1997 Trust following the gift

Indirect holdings (Leigh Buchanan Bienen 1997 Trust) 28,590 shares Reported indirect holdings of Class A Common Stock in separate 1997 trust

Gift transactions count 1 Single bona fide gift transaction reported in this Form 4

Key Terms

bona fide gift, indirect ownership, pecuniary interest, Class A Common Stock

4 terms

bona fide gift financial

"Transaction code G is described as a bona fide gift of shares."

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

indirect ownership financial

"The holdings are reported as indirect ownership through 1997 trusts."

pecuniary interest financial

"The reporting person disclaims beneficial ownership except to his pecuniary interest therein."

Class A Common Stock financial

"The reported security is Class A Common Stock of Ryan Specialty."

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.

FAQ

What insider transaction did RYAN (RYAN) director Henry S. Bienen report?

Henry S. Bienen reported a bona fide gift of 3,000 shares of RYAN Class A Common Stock on 2026-08-10 through the Henry S. Bienen 1997 Trust dated November 10, 1997, with no price paid per share.

How many RYAN (RYAN) shares did the Henry S. Bienen 1997 Trust hold after the gift?

After the reported gift, the Henry S. Bienen 1997 Trust held 24,795 shares of RYAN Class A Common Stock indirectly. This reflects the position following the 3,000-share bona fide gift on 2026-08-10.

What other indirect RYAN (RYAN) holdings are associated with Henry S. Bienen?

An additional indirect holding of 28,590 shares of RYAN Class A Common Stock is reported in the Leigh Buchanan Bienen 1997 Trust dated November 10, 1997, separate from the Henry S. Bienen 1997 Trust position.

Was the RYAN (RYAN) Form 4 transaction a market sale or purchase?

The transaction was reported as a bona fide gift, coded "G", not a market sale or purchase. The filing shows 3,000 shares disposed of as a gift at a reported per-share price of $0.0000.

Does Henry S. Bienen claim full beneficial ownership of the reported RYAN (RYAN) shares?

No. A footnote states that he disclaims beneficial ownership of the trust-held shares except to the extent of his pecuniary interest, indicating limited economic attribution of these indirect holdings.

Are the reported RYAN (RYAN) shares held directly by Henry S. Bienen?

The reported positions are classified as indirect ownership, held through the Henry S. Bienen 1997 Trust and the Leigh Buchanan Bienen 1997 Trust, rather than directly in Henry S. Bienen’s own name.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 04:27 PM Accepted by SEC EDGAR 08/12/2026 - 04:26 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^*

Bienen Henry S

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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	08/10/2026		G		3,000	D	$0	24,795	I(1)	In Henry S. Bienen 1997 Trust Dated November 10, 1997
Class A Common Stock								28,590	I(1)	In Leigh Buchanan Bienen 1997 Trust Dated November 10, 1997

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 reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Mark S. Katz, as Attorney-in-Fact	08/12/2026
	** 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)