Wuller Benjamin Miles, an officer at Ryan Specialty Holdings, Inc., has filed to sell 50,000 shares of the company. This transaction, valued at approximately $2.37 million, is significant as it reflects the ongoing activities of executives in the insurance sector.

The filing, submitted on November 9, 2026, indicates that the shares were acquired as part of a pre-IPO incentive equity arrangement in July 2021. This move may influence investor perceptions regarding insider confidence in the company’s future performance.

Background

Ryan Specialty Holdings, Inc. operates within the insurance industry, specifically classified under the SIC code for Insurance Agents, Brokers, and Services. The company is based in Chicago, Illinois, and has undergone name changes in the past, previously known as Ryan Specialty Group Holdings, Inc. and Maverick Specialty, Inc.

What the Filing Says

The SEC filing states, "Benjamin Miles Wuller is selling 50,000 shares of common stock, with an aggregate market value of $2,365,645.00." The shares are being sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

Impact

This transaction may have implications for Ryan Specialty Holdings and its investors, as insider selling can often be scrutinized by the market. The filing indicates that there were no other securities sold by Wuller in the past three months, which may suggest a strategic decision regarding this specific sale.

What's Next

The filing does not say what happens next.