Filing Details
- Accession Number:
- 0001562180-24-006132
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-09 16:31:10
- Reporting Period:
- 2024-08-09
- Accepted Time:
- 2024-08-09 16:31:10
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1849253 | Ryan Specialty Holdings Inc. | RYAN | Insurance Agents, Brokers & Service (6411) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1870059 | William Timothy Turner | 155 North Wacker Drive, Suite 4000 Chicago IL 60606 | President | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class B Common Stock | Disposition | 2024-08-09 | 2,000,000 | $0.00 | 2,156,186 | No | 4 | C | Direct | |
Class A Common Stock | Acquisiton | 2024-08-09 | 2,000,000 | $0.00 | 2,008,095 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2024-08-09 | 2,000,000 | $62.45 | 8,095 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Direct | |
No | 4 | C | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Common Units | Disposition | 2024-08-09 | 2,000,000 | $0.00 | 2,000,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,156,186 | No | 4 | C | Direct |
Footnotes
- Shares of Class B Common Stock, par value $0.001 per share, ("Class B Common Stock") do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class B Common Stock will be initially entitled to 10 votes per share on all matters to be voted on by the Issuer's stockholders generally. Upon exchange of Common Units ("Common Units") of New Ryan Specialty, LLC that are held by the Reporting Person and reported in Table II hereof, for an equal number of shares of Class A Common Stock, par value $0.001 per share, ("Class A Common Stock") of the Issuer, an equal number of shares of the Issuer's Class B Common Stock will be cancelled for no consideration.
- These shares were sold by the Reporting Person primarily in connection with a negotiation of separation of assets in anticipation of a potential divorce settlement.
- The shares of Class A Common Stock were sold pursuant to a block trade transaction at a discount from the market price.
- Each Common Unit, together with a share of Class B Common Stock, may be converted by the holder into one share of Class A Common Stock at any time. The LLC Common Units do not expire.