secwatch.observer — SEC 8-K summary
======================================

Issuer:     RYAN SPECIALTY HOLDINGS, INC. (RYAN)
CIK:        0001849253
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001849253-26-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 2.05, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryan Specialty Q4 revenue +13% to $751M; net income down 27%; announces $300M buyback and restructuring
--------------------------------------------------------------------------------

- Q4 revenue $751.2M (+13.2% YoY); organic growth 6.6% vs 11.0% prior year.
- Q4 net income $31.2M (-26.6%); GAAP EPS $0.06; adjusted EPS $0.45 (flat YoY).
- Board approved three-year 'Empower Program' with ~$160M pre-tax charges, targeting $80M annual savings by 2029.
- $300M share repurchase program authorized; quarterly dividend $0.13 payable March 10, 2026.
- FY 2025 revenue $3.05B (+21.3%); adjusted EBITDAC $966.7M (+19.2%); adjusted EPS $1.96 (+9.5%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849253/000184925326000004/0001849253-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849253/000184925326000004/ryan-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001849253-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer