{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-005117","form_type":"8-K","ticker":"RYAN","cik":"0001849253","company_name":"RYAN SPECIALTY HOLDINGS, INC.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.127832+00:00","generated_at":"2026-06-18T22:46:26.922950+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Ryan Specialty announces restructuring program with $65M charges, $35M annual savings; Q4 results released","bullets":["Board approved two-year restructuring program starting Q1 2023, expected to generate $35M annual cost savings by 2025.","Cumulative pre-tax charges estimated at $65M: $45M operations/tech optimization, $15M compensation/benefits, $5M asset impairment.","Approximately 95% of restructuring charges will result in future cash expenditures; program to be completed by end of 2024.","Company also issued Q4 2022 earnings press release on Feb 28, 2023, but no specific financial results provided in this filing."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-005117","json":"https://secwatch.observer/filing/0000950170-23-005117.json","markdown":"https://secwatch.observer/filing/0000950170-23-005117.md","text":"https://secwatch.observer/filing/0000950170-23-005117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849253/000095017023005117/0000950170-23-005117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849253/000095017023005117/ryan-20221231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:46:26.922950+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"83942b40c29dafc018695a3867643eb5866cc72e","claim":"RYAN SPECIALTY HOLDINGS, INC. reported financial results for the fourth quarter ended December 31, 2022.","evidence_excerpt":"On February 28, 2023, Ryan Specialty Holdings, Inc. (the “Company”) issued a press release announcing its results of operations for the fourth quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849253/000095017023005117/0000950170-23-005117-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"50c1873d95b0b06b9b20348cf5177df006b08cb0","claim":"RYAN SPECIALTY HOLDINGS, INC. announced a restructuring with charges of approximately $65 million.","evidence_excerpt":"to be completed by the end of 2024. The Company currently estimates that the Program will result in cumulative pre-tax charges to its GAAP financial results of approximately $65 million which are expected to be recorded as exit and disposal activities and are broken down as follows: Program Activity Charges Operations and Technology Optimization $ 45 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849253/000095017023005117/0000950170-23-005117-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $65 million"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}