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RYANRyan Specialty Holdings, Inc. · Insider ownership research

Ryan Specialty Holdings, Inc. insiders sold $8.7M in the past 12 months. How much of their stake is that?

Insiders sold $8.7M in the past 12 months.0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Timothy Turner (Chief Executive Officer, Director), sold $6.9M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
6
buyers among officers and directors (9 trades), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
3 of 20
officers and directors sold shares, past 12 months
Is this normal? Less than usual: about one-eighth of the 4-year average. 3 insiders sold; the average is 4 a year. Year by year
Latest filing: Filed Sep 9 for a sale on Sep 8. Brendan Mulshine sold 40K shares ($1.6M) with no plan disclosed. Filing
SEC ownership filings: 42 filed in the 12 months to Oct 13, 2026; 251 on record since Jul 21, 2021 · See the evidence

What stands out

Six insiders bought shares: Patrick Ryan (120K shares, $3.9M), Patrick Ryan Jr. (26K shares, $1.0M) and John Rogers Jr. (7.5K shares, $264K), plus 3 more.Patrick Ryan: purchase, Jun 5, 2026 · Patrick Ryan Jr.: purchase, Feb 23, 2026 · John Rogers Jr.: purchase, Jun 10, 2026
Two officers sold $8.6M with no disclosed plan: Timothy Turner ($6.9M) and Brendan Mulshine ($1.6M). The filings don't state a reason.Timothy Turner: largest such sale, Dec 12, 2025 · Brendan Mulshine: largest such sale, Sep 8, 2026
Outside holder ONEX CORP, a 10% owner and not part of management, sold $226M of stock.Largest sale, Dec 5, 2025

A share of stake is shown for 0 of the 3 officers and directors who sold. 20 are left out

i
Left out: Patrick Ryan, Patrick Ryan Jr., Timothy Turner, Nicholas Cortezi, Benjamin Wuller, Michael Ohalleran, Jeremiah Bickham, Janice Hamilton, Brendan Mulshine, Cameron Findlay, John Rogers Jr., David Bolger, Henry Bienen, Michael Conklin, Francesca Cornelli, Michelle Collins, Anthony Kuczinski, Mark Katz, Stephen Keogh and Michael Bungert (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Timothy Turner
Chief Executive Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$6.9MNo plan disclosed
Brendan Mulshine
Co-President and CRO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.6MNo plan disclosed
Michael Conklin
EVP & CHRO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$86KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDec 2025: $6.9M no plan disclosed$6.9MDecJanFebMarAprMayJunJulAug 2026: $86K no plan disclosedAugSep 2026: $1.6M no plan disclosedSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 8, 2026Brendan Mulshine sold 40K shares ($1.6M) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Brendan Mulshine
Co-President and CRO
40,000$40.51n/an/aSep 8, 2026Sep 9, 2026

Outside holders, reported separately

ONEX CORP sold $226M in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Ryan Specialty Holdings, Inc. CEO selling stock?

Yes. Timothy Turner sold 130K shares ($6.9M) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Ryan Specialty Holdings, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Ryan Specialty Holdings, Inc. insiders buying?

Yes. 6 officers or directors reported 9 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Timothy Turner
Chief Executive Officer, Director
$6.9M
130K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Brendan Mulshine
Co-President and CRO
$1.6M
40K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Michael Conklin
EVP & CHRO
$86K
2K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed

Outside holder, reported separately: ONEX CORP (an outside shareholder, not part of management). Sold $226M (4.15M shares) from Dec 5, 2025 to Dec 5, 2025. Latest filing

The full ownership picture0 of 20 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Patrick Ryan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Patrick Ryan are complete.
Executive Chairman, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Patrick Ryan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Patrick Ryan are complete; balances and unit counts will be added when the check is finished.

−2.1Kgifted (net of own trusts)
Patrick Ryan Jr.
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Patrick Ryan Jr. are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Patrick Ryan Jr.

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Patrick Ryan Jr. are complete; balances and unit counts will be added when the check is finished.

+2.1Kgifted (net of own trusts)
Timothy Turner
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Timothy Turner are complete.
Chief Executive Officer, Director
n/a−130Kn/an/a
Vesting, gifts, unvested awards and holding lines for Timothy Turner

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Timothy Turner are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
165,942$23.14n/a$2.9M
168,577$29.66May 5, 2036$1.8M

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Nicholas Cortezi
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Nicholas Cortezi are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Nicholas Cortezi

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Nicholas Cortezi are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Benjamin Wuller
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Benjamin Wuller are complete.
CEO Rsum
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Benjamin Wuller

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Benjamin Wuller are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
64,945$23.38n/a$1.1M
65,274$40.78n/a$0
33,715$29.66May 5, 2036$366K

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Michael Ohalleran
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Ohalleran are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michael Ohalleran

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Ohalleran are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jeremiah Bickham
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jeremiah Bickham are complete.
President
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jeremiah Bickham

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jeremiah Bickham are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Janice Hamilton
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Janice Hamilton are complete.
Chief Financial Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Janice Hamilton

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Janice Hamilton are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1.7Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
28,318$23.38n/a$485K
33,715$29.66May 5, 2036$366K

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Brendan Mulshine
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brendan Mulshine are complete.
Co-President and CRO
n/a−40Kn/an/a
Vesting, gifts, unvested awards and holding lines for Brendan Mulshine

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brendan Mulshine are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
33,715$29.66May 5, 2036$366K

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Cameron Findlay
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Cameron Findlay are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Cameron Findlay

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Cameron Findlay are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
John Rogers Jr.
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Rogers Jr. are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for John Rogers Jr.

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Rogers Jr. are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
David Bolger
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Bolger are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for David Bolger

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Bolger are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Henry Bienen
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Henry Bienen are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Henry Bienen

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Henry Bienen are complete; balances and unit counts will be added when the check is finished.

−5.7Kgifted (net of own trusts)
Michael Conklin
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Conklin are complete.
EVP & CHRO
n/a−2Kn/an/a
Vesting, gifts, unvested awards and holding lines for Michael Conklin

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Conklin are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2.2Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
22,920$43.63Aug 4, 2036$0

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Francesca Cornelli
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Francesca Cornelli are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Francesca Cornelli

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Francesca Cornelli are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Michelle Collins
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michelle Collins are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michelle Collins

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michelle Collins are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Anthony Kuczinski
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Anthony Kuczinski are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Anthony Kuczinski

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Anthony Kuczinski are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mark Katz
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mark Katz are complete.
EVP & General Counsel
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mark Katz

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mark Katz are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
485,000$23.38n/a$8.3M
477,500$23.24n/a$8.2M
89,397$23.24n/a$1.5M
33,715$29.66May 5, 2036$366K

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Stephen Keogh
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Stephen Keogh are complete.
Co-President and COO
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Stephen Keogh

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Stephen Keogh are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
22,920$43.63Aug 4, 2036$0

Estimate: options held × ($40.51 − strike price), using the most recent insider trade price on Form 4 (Sep 8, 2026), not a market close.

Michael Bungert
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Michael Bungert are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Michael Bungert

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Michael Bungert are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Ryan Specialty Holdings, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$8.7M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $8.7M across 171,613 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $8.7M

Sales with no 10b5-1 plan and no tax reference in the filing. $6.9M of it is Timothy Turner. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Timothy Turner, Dec 12, 2025

Taxes

3,882 shares ($143K) were withheld by the company for taxes, which isn't a market sale.

Purchases · 6 buyers (9 trades)

6 officers and directors bought shares in this period, in 9 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 55 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Timothy Turner
Chief Executive Officer, Director
130K$6.9M0%80%Dec 12, 2025 to Dec 12, 2025
Brendan Mulshine
Co-President and CRO
40K$1.6M0%19%Sep 8, 2026 to Sep 8, 2026
Michael Conklin
EVP & CHRO
2K$86K0%1.0%Aug 13, 2026 to Aug 13, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$6.9M$0$0$6.9M
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$86K$0$0$86K
Sep 2026$1.6M$0$0$1.6M
Oct 2026$0$0$0$0
Is this normal? Selling year by year4 earlier years to compare with

Less than usual: about one-eighth of the 4-year average. 3 insiders sold; the average is 4 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 13, 2026
Latest 12 months
172K3$8.7M
Oct 13, 2025
1 year earlier
651K5$43.4M
Oct 13, 2024
2 years earlier
2.28M5$143M
Oct 14, 2023
3 years earlier
1.99M5$87.2M
Oct 14, 2022
4 years earlier
406K3$15.1M
Oct 14, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty20 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Ryan Specialty Holdings, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology251 filings on record, 42 filed in the 12-month period, and how we read them

All 251 Forms 3, 4 and 5 on record for Ryan Specialty Holdings, Inc. (SEC CIK 1849253), filed from Jul 21, 2021 to Sep 9, 2026; 42 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (6)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Lisa Paschal-AlcornAug 16, 2023147,229 shares, last reported balance as of Aug 16, 2023
William Devers Jr.May 2, 2023800,820 shares, last reported balance as of May 1, 2023
Michael VanackerMar 8, 2023544,384 shares, last reported balance as of Mar 6, 2023
Andrew McKennaJun 9, 2022127,190 shares, last reported balance as of Jun 7, 2022
Robert LeblancNo balance on record
RYAN SPECIALTY HOLDINGS, INC.No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.