McCann Tracey 4
4 · RYANAIR HOLDINGS PLC · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Ryanair (RYAAY) CFO Tracey McCann Receives RSU Award, Sells Shares
What Happened
Tracey McCann, CFO of Ryanair DAC, had 26,867 restricted stock units (RSUs) convert into common shares on May 19, 2026. As part of a sell-to-cover tax withholding, she sold 8,197 of those shares in an open-market sale at $26.01 per share, generating $213,204 in proceeds. The remaining 18,670 shares were retained.
Key Details
- Transaction date: May 19, 2026; Form 4 filed May 21, 2026 (within the usual 2-business-day reporting window).
- Sale: 8,197 shares sold at $26.01 each, total proceeds $213,204.
- Conversion/award: 26,867 RSUs converted to 26,867 common shares (one-for-one).
- Shares retained from the award: 18,670. Retained-share price used in the filing: EUR 22.42 converted to USD at 1.16 = $26.01 (footnote).
- Footnotes: F1—RSUs convert one-for-one; F2—sale was sell-to-cover to satisfy tax withholding; F4—RSUs granted March 9, 2023 had performance conditions that were satisfied on May 19, 2026.
Context
This was not a market-timed purchase signal—rather a routine settlement of RSUs with a partial sale to cover taxes (cashless/sell-to-cover). The filing shows exercise/conversion of a derivative (the RSU award) and a simultaneous partial disposition to satisfy tax obligations; retained shares reflect the net position from the vesting event.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-19+26,867→ 46,900 total - Sale
Common Stock
[F2][F3]2026-05-19$26.01/sh−8,197$213,204→ 38,703 total - Exercise/Conversion
Restricted Stock Units
[F4]2026-05-19−26,867→ 0 total→ Common Stock (26,867 underlying)
Footnotes (4)
- [F1]The Restricted Stock Units (2023 Conditional Award under the Ryanair Holdings PLC 2019 LTIP) convert into common stock on a one-for-one basis.
- [F2]Represents shares sold by Ms. McCann pursuant to a sell-to-cover arrangement in order to satisfy the tax withholding obligations in connection with the vesting and settlement of the award.
- [F3]The price of the retained shares was EUR 22.42, which was converted to USD for purposes of this report by multiplying such price by 1.16, which was the closing foreign exchange rate on May 19, 2026.
- [F4]Ms. McCann received a grant of Restricted Stock Units on March 9, 2023 which, in addition to time-based vesting, was subject to performance-based vesting conditions unrelated to the Issuer's stock price. Such performance-based vesting conditions were satisfied on May 19, 2026.