[Form 4] Ribbon Communications Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ribbon Communications (RBBN) disclosed a Form 4 for EVP, Global Sales Stephen J. McCaffery documenting equity grants on 10/31/2025. Awards include 432,027 RSUs, an additional 108,006 RSUs, and PSUs of 64,804 and 43,202, each convertible one-for-one into common stock.

The 432,027 RSUs vest as to 108,007 shares on the first anniversary, with the balance in six equal semi‑annual installments through October 31, 2029. The 108,006 RSUs vest as to 36,002 shares on the first anniversary, with the balance in four equal semi‑annual installments through October 31, 2028. One PSU grant pays out based on annual goals for 2025–2027 and vests on May 15, 2028 (up to 150% of target). The other PSU grant is tied to relative TSR and vests on May 15, 2029 (up to 200% of target).

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McCaffery Stephen J.

(Last) (First) (Middle)

C/O RIBBON COMMUNICATIONS

6500 CHASE OAKS BLVD.

(Street)

PLANO TX 75023

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ribbon Communications Inc. [ RBBN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Global Sales

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (RSUs)	(1)	10/31/2025		A		432,027		(2)	(2)	Common Stock	432,027	$0	432,027	D
RSUs	(1)	10/31/2025		A		108,006		(3)	(3)	Common Stock	108,006	$0	108,006	D
Performance-Based RSUs (PSUs)	(1)	10/31/2025		A		64,804		(4)	(4)	Common Stock	64,804	$0	64,804	D
PSUs	(1)	10/31/2025		A		43,202		(5)	(5)	Common Stock	43,202	$0	43,202	D

Explanation of Responses:

1. Each RSU and PSU converts into common stock on a one-for-one basis.

2. The RSUs were awarded on October 31, 2025 and vest as to 108,007 shares on the first anniversary of the date of grant, with the remaining RSUs vesting in six equal semi-annual installments thereafter through October 31, 2029.

3. The RSUs were awarded on October 31, 2025 and vest as to 36,002 shares on the first anniversary of the date of grant, with the remaining RSUs vesting in four equal semi-annual installments thereafter through October 31, 2028.

4. The PSUs were awarded on October 31, 2025. The number of PSUs earned and issuable upon vesting will be determined based on goals (set by the Compensation Committee on an annual basis) for each of the three fiscal years ending December 31, 2025, 2026 and 2027. The aggregate number of shares issued may range from zero shares to 150% of the target number of shares reported in column 3 of Table II. The number of PSUs reported in column 3 of Table II reflects achievement at the target level of performance. The PSUs will vest on May 15, 2028.

5. The PSUs were awarded on October 31, 2025. The number of PSUs earned and issuable upon vesting will be determined based on the Issuer's total shareholder return (TSR) compared to pre-established relative TSR goals, based on the TSR of a peer index of companies (set by the Compensation Committee at the time of grant) over the period beginning on the grant date and ending December 31, 2028. The aggregate number of shares issued may range from zero shares to 200% of the target number of shares reported in column 3 of Table II. The number of PSUs reported in column 3 of Table II reflects achievement at the target level of performance. The PSUs will vest on May 15, 2029.

	Stephen J. McCaffery	11/04/2025
	** Signature of Reporting Person	Date
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