BOLGER DAVID P 4

What Happened David P. Bolger, a director of Ryan Specialty Holdings, was granted 5,757 restricted stock units (RSUs) on April 28, 2026. The units were reported at $0.00 per share (total reported value $0). The RSUs vested immediately upon grant, but Mr. Bolger elected to defer settlement until his separation from board service, so no shares were delivered at filing.

Key Details

• Transaction date: 2026-04-28; Report filed: 2026-04-30 (timely Form 4 filing).
• Award: 5,757 RSUs; reported price: $0.00; reported aggregate value: $0.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1—RSUs vested immediately but settlement deferred until separation; F2—grant approved by the Board for purposes of Rule 16(b)(3); F3—reporting person disclaims beneficial ownership except for pecuniary interest.
• Transaction type: Award/Grant (code A). Not a purchase or sale.

Context This was a director compensation award (RSUs) that vested on grant with deferred settlement — a common form of non-cash compensation for board members. Because settlement is deferred and the filer disclaims beneficial ownership beyond pecuniary interest, this filing does not reflect an immediate acquisition of tradable shares or a market-directional trade.