BuybackApr 30, 2026, 04:23 PM
RYAN enters $52.3M stock repurchase with Ryan Stock Option Trust
AI Summary
Ryan Specialty Holdings, Inc. (RYAN) entered into an Option Settlement Agreement with the Ryan Stock Option Trust, effective May 5, 2026. The Trust will sell up to approximately $52.3 million of Class A common stock to the Company at the May 4, 2026 closing price. This agreement is designed to make the grant and exercise of compensatory stock options to employees net neutral to the Company's outstanding share count, with repurchased shares to be retired.
Key Highlights
- RYAN to repurchase up to $52.3M Class A common stock from Ryan Stock Option Trust.
- Repurchase price equals closing price of Class A common stock on May 4, 2026.
- Agreement offsets dilution from new compensatory employee stock option grants.
- Executive Chairman Stock Options vest over 3 years starting July 1, 2029.
- Repurchased shares will be retired by the Company.
- Option Settlement Agreement expires on June 9, 2036.