Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Sep 4, 2026
Reporting period
Not applicable
Filed with the SEC
Sep 9, 2026
OfficerOption exercise
Context
Classification
option exercise
Code C — exercise or conversion of a derivative security
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001869959-26-000006
Filed / recorded
Sep 9, 2026, 9:27 PM UTC
Added to OQRO
Oct 6, 2026, 8:46 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
RYAN SPECIALTY HOLDINGS, INC.
Issuer CIK
1849253
Ticker
RYAN
Reporting person
Brendan Martin Mulshine
Relationship
Officer
Officer title
Co-President and CRO
Security
Common Units
Table
Derivative (Table II)
Transaction date
Sep 4, 2026
Transaction code
C
Shares / units
40,000
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
604,235
Ownership form
Direct
Amendment
No
Footnotes from the filing
Pursuant to the Amended and Restated Limited Liability Company Agreement of New Ryan Specialty, LLC, as amended, the reporting person may exchange all or a portion of such person's Common Units of the LLC (together with the delivery of an equal number of shares of Class B Common Stock of the Issuer) for shares of Class A Common Stock of the Issuer on a one-for-one basis, subject to customary adjustments, or, at the option of the Issuer, cash (based on the then-market value of the Class A Common Stock). The Common Units do not expire.