Ryan Specialty Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Cover
- Cover Page
- Audit Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Equity based Compensation - Stock Options Outstanding (Details)

v3.25.4

Equity based Compensation - Stock Options Outstanding (Details) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Granted (in shares)	0	0
Reload and Staking Options \| IPO
Incentive Options Weighted Average Exercise Price
Outstanding at end of period (in dollars per share)	$ 23.50
Reload Options
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (in shares)	3,870,764
Granted (in shares)	0
Exercised (in shares)	(424,600)
Forfeited or expired (in shares)	(52,838)
Outstanding at end of period (in shares)	3,393,326
Staking Options
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (in shares)	66,667
Granted (in shares)	0
Exercised (in shares)	0
Forfeited or expired (in shares)	0
Outstanding at end of period (in shares)	66,667
Incentive Options
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (in shares)	281,652
Granted (in shares)	0
Exercised (in shares)	(8,999)
Forfeited or expired (in shares)	(1,406)
Outstanding at end of period (in shares)	271,247
Incentive Options Weighted Average Exercise Price
Outstanding at beginning of period (in dollars per share)	$ 43.97
Granted (in dollars per share)	0
Exercised (in dollars per share)	34.39
Forfeited or expired (in dollars per share)	34.39
Outstanding at end of period (in dollars per share)	$ 44.34

- Definition

For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 718
-SubTopic 10
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-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)
-Publisher FASB
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Weighted average price of options that were either forfeited or expired.

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Gross number of share options (or share units) granted during the period.

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Number of options outstanding, including both vested and non-vested options.

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A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.

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- Definition

Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.

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Weighted average price at which option holders acquired shares when converting their stock options into shares.

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