Key facts
- This page summarizes Michael Thomas Vanacker's Form 4 filing for RYAN SPECIALTY HOLDINGS, INC. (RYAN).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 08 Mar 2023, 17:42.
Michael Thomas Vanacker - 06 Mar 2023 Form 4 Insider Report for RYAN SPECIALTY HOLDINGS, INC. (RYAN)
- Reporting relationship
- Executive Vice President and Chief Operating Officer
- Issuer ticker
- RYAN
- Reported as of
- 06 Mar 2023
- Net transaction value
- -$1,833,746
- SEC form
- 4
- Accepted by SEC
- 08 Mar 2023, 17:42:26 UTC
- Prior SEC filing
- 22 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- Mark S. Katz, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael Thomas Vanacker filed Form 4 for RYAN SPECIALTY HOLDINGS, INC. (RYAN) on 08 Mar 2023.
Change
- Previous filing in this sequence was filed on 22 Mar 2022.
- Current net transaction value: -$1,833,746.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RYAN
transaction
Class B Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -45,000
- Change %
- -15%
- Price
- $0.000000
- Shares after
- 248,220
- Date
- 06 Mar 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
RYAN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +45,000
- Change %
- Price
- $0.000000
- Shares after
- 45,000
- Date
- 06 Mar 2023
- Ownership
- Direct
- Footnotes
- F2, F3
RYAN
transaction
Class A Common Stock
Sale
- Transaction value
- $1,833,746
- Shares
- -45,000
- Change %
- -100%
- Price
- $40.75
- Shares after
- 0
- Date
- 06 Mar 2023
- Ownership
- Direct
- Footnotes
- F2, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RYAN
transaction
Derivative
Common Units
Conversion of derivative security
- Transaction value
- $0
- Shares
- -45,000
- Change %
- -15%
- Price
- $0.000000
- Shares after
- 248,220
- Date
- 06 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 45,000
- Exercise price
- $0.000000
- Footnotes
- F2, F3, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
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. Common Units ("Common Units") of New Ryan Specialty, LLC that that are held by the Reporting Person and reported in Table II hereof may be exchanged for an equal number of shares of Class A common Stock of the Issuer and an equal number of shares of the Issuer's Class B Common Stock will be cancelled for no consideration.
Footnote F2
This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 12/13/2022.
Footnote F3
The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest therein.
Footnote F4
The price reported is a weighted average price. These shares of Class A Common Stock of Ryan Specialty Holdings, Inc. (the "Issuer") were sold in multiple transactions ranging from $40.60 to $40.89, 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 Common Stock sold at each separate price in the ranges set forth in this footnote.
Footnote F5
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.
SEC remarks
Executive Vice President and Chief Operating Officer