---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-224693"
form_type: "8-K"
ticker: "RYAN"
cik: "0001849253"
company_name: "RYAN SPECIALTY HOLDINGS, INC."
filed_at: "2021-07-27T23:59:59+00:00"
generated_at: "2026-06-30T02:17:40.609056+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ryan Specialty completes IPO at $23.50, raises ~$1.54B including overallotment; credit facility upsized to $600M

## Summary
- IPO priced at $23.50/share; 56,918,278 shares sold for gross proceeds of $1.3376B.
- Underwriters' overallotment fully exercised for 8,537,742 additional shares; total gross proceeds ~$1.54B.
- Proceeds used to acquire Ryan Specialty Group LLC units, redeem Onex preferred unit, and buy out existing holders.
- Revolving credit facility increased from $300M to $600M at LIBOR+2.50%-3.00% per the Credit Agreement amendment.
- New board of directors appointed (11 members); 2021 Omnibus Incentive Plan and indemnification agreements adopted.

## SEC filing metadata
- accession: 0001193125-21-224693
- form_type: 8-K
- ticker: RYAN
- cik: 0001849253
- company_name: RYAN SPECIALTY HOLDINGS, INC.
- filed_at: 2021-07-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.03, 3.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/d137769d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-224693
- JSON: https://secwatch.observer/filing/0001193125-21-224693.json
- Plain text: https://secwatch.observer/filing/0001193125-21-224693.txt

## Key facts
- Executive change
  William J. Devers was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  John W. Rogers, Jr. was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Nicholas D. Cortezi was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Henry S. Bienen was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Robert Le Blanc was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  D. Cameron Findlay was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Michelle L. Collins was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  David P. Bolger was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Andrew J. McKenna was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Michael D. O’Halleran was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm
- Executive change
  Timothy W. Turner was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849253/000119312521224693/0001193125-21-224693-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.