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
Dec 11, 2025
Reporting period
Not applicable
Filed with the SEC
Dec 15, 2025
CEOOption exercise
Context
Classification
option exercise
Code M — 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
0001870059-25-000003
Filed / recorded
Dec 15, 2025, 12:33 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
Timothy William Turner
Relationship
Director, Officer
Officer title
Chief Executive Officer
Security
Class A Common Stock
Table
Non-derivative (Table I)
Transaction date
Dec 11, 2025
Transaction code
M
Shares / units
129,964
Acquired / disposed
Acquired (A)
Shares owned after
142,123
Ownership form
Direct
Amendment
No
Footnotes from the filing
The Class C Common Incentive Units were exchanged, pursuant to the terms of the operating agreement of New Ryan Specialty, LLC (the "LLC"), for a number of Common Units determined by reference to (1) the Class C Common Incentive Units' Return Threshold and (2) adjustments for certain prior tax distributions made with respect to such Class C Common Incentive Units. Such Common Units were then immediately redeemed on a one-for-one basis for shares of Class A Common Stock.