Brady Dara 4

What Happened
Brady Dara, Chief Marketing Officer of Ryanair DAC, had 19,191 restricted stock units (2023 conditional award) convert into common shares on May 19, 2026. Of those shares, he sold 8,973 in an open-market sell-to-cover transaction at $26.01 per share, generating proceeds of $233,388. The remaining 10,218 shares were retained. The vesting was performance- and time-based; the performance conditions were satisfied on May 19, 2026.

Key Details

• Transaction date: 2026-05-19; Form 4 filed 2026-05-21 (filed two days after the transaction).
• Award conversion: 19,191 RSUs converted one-for-one into common shares (Footnote F1, F4).
• Sale: 8,973 shares sold at $26.01 per share for $233,388 (sell-to-cover to satisfy tax withholding, Footnote F2).
• Retained shares from the award: 10,218 shares (retained shares valued at €22.42 each, converted to USD at 1.16 -> $26.01; Footnote F3).
• Total value of shares issued on vesting ≈ $499,158 (19,191 × $26.01).
• Nature of transactions: award vesting plus sell-to-cover (routine tax withholding), not a voluntary open-market sell for investment reasons.

Context

• These were RSUs converting into common stock (not an option exercise for cash); part of the shares were immediately sold to cover tax obligations (a common, routine practice).
• Because the sale was to satisfy withholding, it should not be read as a market sentiment signal.
• Filing appears timely (filed May 21 for a May 19 transaction).