Ryan Specialty Holdings Enters Option Settlement Amendment

What Happened Ryan Specialty Holdings, Inc. announced on August 4, 2026 that it and the Ryan Stock Option Trust entered into Amendment No. 1 to the Executive Chairman Option Settlement Agreement. The Amendment extends the back-to-back purchase arrangement from the Original Agreement (dated May 5, 2026) to cover a new grant of compensatory stock options for the purchase of 287,646 shares of Class A common stock under the Company’s 2021 Omnibus Incentive Plan. The Trust is overseen by trustees Patrick G. Ryan (Executive Chairman) and Shirley W. Ryan.

Key Details

• Amendment date: August 4, 2026; Original Agreement date: May 5, 2026.
• Second-tranche options cover 287,646 shares of Class A common stock.
• Options granted under the 2021 Omnibus Incentive Plan to certain employees.
• Purpose: keep option grants and exercises net neutral to the Company’s outstanding share count (back-to-back purchase arrangement).

Why It Matters This filing documents a compensation and share-management step designed to prevent dilution from the new employee stock option grant by keeping the Company’s outstanding share count net neutral. For investors, that means the options are intended not to increase total shares outstanding if the arrangement operates as described. The amendment signals continued use of trust-based, back-to-back arrangements to align employee incentives with shareholder interests; the full terms are included in Exhibit 10.1 of the 8-K for anyone seeking the complete agreement.