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Possible new RYAN shares

RYANDilution

Known so far: no new shares from the prospectus covers read · no effective shelf · not yet read: warrants, converts, ATM.

Shelf room

  • Room today none, no effective shelf
How this is worked out

Shelf room: none. No shelf registration on EDGAR was declared effective in the last 3 years, so a sale needs a new registration or a private placement. Sources: public float, as of Jun 30, 2025.

What could become new Ryan Specialty Holdings (RYAN) shares: options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.

RYAN dilution ladder

Every source of new shares on record, from the filings that created it.

263.8M outstanding; up to 264.3M fully diluted, +0%

  1. Outstandingas of Oct 27, 2025 (10-Q filed Oct 31) · share count on the cover page
    263.8M
  2. Options and RSUs0 options, 468K RSUs10-Q Oct 31, 2025 · securities left out of diluted EPS
    +468K

Not stated in the filings we read: an ATM program, warrants, convertible notes.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.

Financing terms to know

None found in filings since Oct 31, 2025.

Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.