Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

RYAN SPECIALTY HOLDINGS, INC.

RYAN · NYSE · CIK 0001849253 · Financial Services · Insurance Brokers

INSIDER SIGNAL

76.2 / 100

5 buyers · 6 purchase transaction lines · $4.6M gross purchase

WHY THIS SIGNAL?

Buyer breadthStrong
Purchase sizeStrong
RoleModerate
RecencyLow
ConvictionModerate
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+35.0 / 35
Purchase size+20.8 / 25
Role+13.0 / 20
Recency+1.2 / 10
Conviction+6.3 / 10

What is holding the score back?

  • ⚠ Role scores low · most senior buyer: Executive Chairman (CEO, chair and 10% owners score lowest)
  • ⚠ Purchase activity is becoming less recent
  • ⚠ Buying conviction is reduced by concurrent selling
  • ✓ Cluster breadth is broad · 4+ insiders

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Bienen Henry SDirector
○○○○○
Kuczinski Anthony JDirector
○●●
Hamilton Janice MChief Financial Officer
●○○
MULSHINE BRENDAN MARTINCo-President and CRO
○○▼
ROGERS JOHN W JRDirector
○●
CORTEZI NICHOLAS DOMINICDirector
○○
● Purchase▼ Sale○ Other

Showing the six most active owners; 9 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS5
PURCHASE CONCENTRATION85%Largest buyer: RYAN PATRICK G · $3.9M
CLUSTER BUYING · 15D5 insidersPeak activity: 2026-06-03–2026-06-12

Roles in the peak window: Chief Financial Officer, Director, EVP & General Counsel, Executive Chairman. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

76.2 / 100

Latest recorded score

↓ -0.1 ptsversus the previous recorded snapshot
  1. 76.4
  2. 76.4
  3. 76.4
  4. 76.3
  5. 76.2

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

9Purchases
4Sales
25Other Form 4 lines
27SEC filings · 365 days
BUYING6 qualifying P line(s) · 180 days
SELLING2 sale line(s) · context only
OTHER20 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
-4.3%
3M
-11.4%
6M
+7.1%
12M
-36.5%

Volatility & liquidity

Volatility
37.4%
Beta
—
Avg daily value
USD 73.0M

Valuation

Market cap
—
P/E
—

Fundamentals

Profit margin
2.1%
ROE
9.8%
Industry
Insurance Brokers

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Profit margin, ROE · Fiscal year ended: 2025-12-31 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
13,097,962
Previous report
11,977,334
Avg daily volume
2,349,920
Days to cover
5.6

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-06-12Kuczinski Anthony JPurchase (P)Class A Common Stock500USD 35.77USD 17,885SEC filing ↗
2026-06-11Kuczinski Anthony JPurchase (P)Class A Common Stock2,500USD 34.83USD 87,075SEC filing ↗
2026-06-10ROGERS JOHN W JRPurchase (P)Class A Common Stock7,500USD 35.16USD 263,700SEC filing ↗
2026-06-05RYAN PATRICK GPurchase (P)Class A Common Stock120,000USD 32.50USD 3,900,000SEC filing ↗
2026-06-03KATZ MARK STEPHENPurchase (P)Class A Common Stock3,215USD 31.07USD 99,890SEC filing ↗
2026-06-03Hamilton Janice MPurchase (P)Class A Common Stock6,300USD 31.79USD 200,277SEC filing ↗
2026-02-23RYAN PATRICK G JRPurchase (P)Class A Common Stock25,500USD 39.96USD 1,018,860SEC filing ↗
2026-02-20RYAN PATRICK G JRPurchase (P)Class A Common Stock365USD 41.41USD 15,115SEC filing ↗
2025-09-12RYAN PATRICK GPurchase (P)Class A Common Stock276,634USD 51.84USD 14,340,707SEC filing ↗
2025-09-02RYAN PATRICK G JRPurchase (P)Class A Common Stock100USD 55.54USD 5,554SEC filing ↗
2025-05-12Kuczinski Anthony JPurchase (P)Class A Common Stock300USD 70.37USD 21,111SEC filing ↗
2025-04-01Conklin MichaelPurchase (P)Class A Common Stock7,637USD —USD —SEC filing ↗
2025-03-10RYAN PATRICK G JRPurchase (P)Class A Common Stock75USD 69.50USD 5,212SEC filing ↗
2024-11-06RYAN PATRICK G JRPurchase (P)Class A Common Stock150USD 69.24USD 10,386SEC filing ↗
2024-11-05RYAN PATRICK G JRPurchase (P)Class A Common Stock100USD 68.72USD 6,872SEC filing ↗

Form 4 evidence

38 transaction lines in the latest 365-day window; 481 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-08MULSHINE BRENDAN MARTINSale (S)Class A Common Stock40,000USD 40.51USD 1,620,400SEC filing ↗
2026-09-04MULSHINE BRENDAN MARTINC (C)Class B Common Stock40,000USD 0.00USD 0SEC filing ↗
2026-09-04MULSHINE BRENDAN MARTINC (C)Class A Common Stock40,000USD 0.00USD 0SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-08MULSHINE BRENDAN MARTINSale (S)Class A Common Stock40,000USD 40.51USD 1,620,400SEC filing ↗
2026-09-04MULSHINE BRENDAN MARTINC (C)Class B Common Stock40,000USD 0.00USD 0SEC filing ↗
2026-09-04MULSHINE BRENDAN MARTINC (C)Class A Common Stock40,000USD 0.00USD 0SEC filing ↗
2026-08-14CORTEZI NICHOLAS DOMINICJ (J)Class B Common Stock2,154,135USD 0.00USD 0SEC filing ↗
2026-08-13Conklin MichaelSale (S)Class A Common Stock2,043USD 42.26USD 86,337SEC filing ↗
2026-08-10Bienen Henry SGift (G)Class A Common Stock3,000USD 0.00USD 0SEC filing ↗
2026-07-22Hamilton Janice MOption exercise / conversion (M)Class A Common Stock5,821USD —USD —SEC filing ↗
2026-07-22Hamilton Janice MTax withholding (F)Class A Common Stock1,706USD 40.89USD 69,758SEC filing ↗
2026-06-12Kuczinski Anthony JPurchase (P)Class A Common Stock500USD 35.77USD 17,885SEC filing ↗
2026-06-11Kuczinski Anthony JPurchase (P)Class A Common Stock2,500USD 34.83USD 87,075SEC filing ↗
2026-06-10ROGERS JOHN W JRPurchase (P)Class A Common Stock7,500USD 35.16USD 263,700SEC filing ↗
2026-06-05RYAN PATRICK GPurchase (P)Class A Common Stock120,000USD 32.50USD 3,900,000SEC filing ↗
2026-06-03KATZ MARK STEPHENPurchase (P)Class A Common Stock3,215USD 31.07USD 99,890SEC filing ↗
2026-06-03Hamilton Janice MPurchase (P)Class A Common Stock6,300USD 31.79USD 200,277SEC filing ↗
2026-05-29Bienen Henry SGift (G)Class A Common Stock2,700USD 0.00USD 0SEC filing ↗
2026-05-28Bienen Henry SGift (G)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-05-28Bienen Henry SGift (G)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28RYAN PATRICK G JRAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28ROGERS JOHN W JRAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28OHALLERAN MICHAEL DAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28Kuczinski Anthony JAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28Cornelli FrancescaAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28CORTEZI NICHOLAS DOMINICAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28COLLINS MICHELLE LAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28Bienen Henry SAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-28BUNGERT MICHAEL GAward / grant (A)Class A Common Stock4,615USD 0.00USD 0SEC filing ↗
2026-04-28BOLGER DAVID PAward / grant (A)Class A Common Stock5,757USD 0.00USD 0SEC filing ↗
2026-04-01Conklin MichaelOption exercise / conversion (M)Class A Common Stock7,637USD —USD —SEC filing ↗
2026-04-01Conklin MichaelTax withholding (F)Class A Common Stock2,176USD 33.74USD 73,418SEC filing ↗
2026-02-23RYAN PATRICK G JRPurchase (P)Class A Common Stock25,500USD 39.96USD 1,018,860SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerRYAN
CIK0001849253
SectorFinancial Services
IndustryInsurance Brokers Yahoo Finance
SEC SIC6411 Insurance Agents, Brokers & Service
ExchangeNYSE

Data coverage

Local Form 4 history481 transaction lines from 2021-07-22 to 2026-09-08
54 P purchase lines · 144 S sale lines · 283 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.