The Executive Chairman's $3.9M purchase at $32.50 is the strongest signal in this cluster — founder-level buying at a price 8% above the CFO's entry suggests confidence in near-term catalysts. Monitor for upcoming earnings or M&A announcements that could validate this conviction. The cluster's timing ahead of potential Q2 results makes this a watch-for-confirmation setup.
Price Chart
Executive Summary
Four RYAN insiders, including Executive Chairman Patrick G. Ryan and CFO Janice M. Hamilton, made open-market purchases totaling $4.46M over a 7-day window. The cluster is dominated by the Executive Chairman's $3.9M buy at $32.50, representing a strong conviction signal from the company's founder and largest insider. This is the most significant insider buying cluster at RYAN in recent history, with total value equating to ~0.05% of market cap — modest in proportionality but amplified by the C-suite participation and cluster nature.
Key Financial Metrics
Key Facts
- Executive Chairman Patrick G. Ryan purchased 120,000 shares at $32.50 for $3.9M on June 5
- CFO Janice M. Hamilton purchased 6,300 shares at $31.79 for $200K on June 3
- EVP & General Counsel Mark Stephen Katz purchased 3,200 shares at $31.07 for $100K on June 3
- Director John W. Rogers Jr. purchased 7,500 shares at $35.16 for $264K on June 10
- Total cluster value: $4.46M, all open-market purchases, no sales
- Cluster represents ~0.05% of RYAN's $9.1B market cap
Financial Impact
$4.46M in insider purchases, ~0.05% of market cap
Risk Factors
- Dollar value is modest relative to $9.1B market cap — may not move the stock alone
- No explicit catalyst identified in the filing; buying could be pre-planned or valuation-driven
- Historical calibration shows score-5/6 reports at this segment have net negative alpha after costs
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RYAN-1781215133832 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 16w ago | Insider Cluster | $35.64 $40.87 | ▲ +14.67% | ▲ +11.41% | $37.67 (+5.70%) |
Jun 8, 2026 16w ago | Insider Cluster | $31.65 $42.32 | ▲ +33.71% | ▲ +30.66% | $37.67 (+19.02%) |
May 26, 2026 18w ago | 8-K | $32.33 $42.21 | ▲ +30.56% | ▲ +27.84% | $37.67 (+16.52%) |
Mar 30, 2026 26w ago | Court Ruling | $32.83 $35.95 | ▲ +9.49% | ▼ −7.00% | $37.67 (+14.73%) |
Mar 17, 2026 28w ago | DEFA14A | $34.87 $34.49 | ▼ −1.10% | ▼ −12.63% | $37.67 (+8.02%) |
US Market Status
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