Hurley John JH 4

What Happened

• John JH Hurley, CTO of Ryanair DAC (Ryanair Holdings PLC — ticker RYAAY), had 34,545 restricted stock units (RSUs) convert into 34,545 ordinary shares on May 19, 2026. The Form 4 reports an acquisition via conversion and a simultaneous derivative disposition for the same amount. No per-share price or cash value is reported on the filing.

Key Details

• Transaction date: May 19, 2026; Form 4 filed May 21, 2026 (filed two days after the transaction, appearing timely).
• Reported transactions: conversion/acquisition of 34,545 shares (derivative conversion, code M) and a simultaneous disposition of 34,545 (derivative).
• Price/value: listed as N/A on the Form 4; no dollar proceeds or open-market sale reported.
• Shares owned after transaction: not specified in the supplied filing information.
• Footnotes:
  • F1: The RSUs (2023 Conditional Award under the 2019 LTIP) convert one-for-one into common stock.
  • F2: The RSUs were granted March 9, 2023; performance-based vesting conditions were satisfied on May 19, 2026.

Context

• This was a vesting/conversion of previously granted RSUs (an award triggering issuance of shares), not a market purchase or open-market sale. Such conversions are routine when time- and performance-based conditions are met and do not necessarily indicate a buy/sell decision by the insider.
• The Form 4 shows both acquisition by conversion and a derivative disposition for the same share count; filings sometimes show such pairings to reflect derivative settlement or withholding mechanics, but the filing does not detail cashless sale or proceeds.