[Form 4] Ribbon Communications Inc. Insider Trading Activity
Dan Redington, EVP, Global Sales of Ribbon Communications Inc. (RBBN), reported three separate open-market sales of the issuer's common stock in early September 2025. The filings show sales of 20,000 shares on 09/04/2025 at a weighted-average price of $4.1626, 155,434 shares on 09/05/2025 at a weighted-average price of $4.0297, and 14,176 shares on 09/08/2025 at $4.02. Aggregate shares sold equal 189,610. The reported beneficial ownership after each sale moved from 169,610 shares to 14,176 shares and then to 0 shares (direct ownership). Footnotes state the first two prices are weighted averages with transaction ranges provided on the form. The Form 4 is signed by a power of attorney, Patrick Macken, dated 09/08/2025.
Dan Redington, EVP Global Sales di Ribbon Communications Inc. (RBBN), ha segnalato tre vendite sul mercato aperto del capitale comune dell’emittente all’inizio di settembre 2025. Le dichiarazioni indicano la vendita di 20.000 azioni il 04/09/2025 a prezzo medio ponderato di $4,1626, 155.434 azioni il 05/09/2025 a prezzo medio ponderato di $4,0297 e 14.176 azioni l’08/09/2025 a $4,02. Le azioni complessivamente vendute sono 189.610. La partecipazione beneficiaria riportata dopo ogni vendita è passata da 169.610 azioni a 14.176 azioni e infine a 0 azioni (proprietà diretta). Le note indicano che i primi due prezzi sono medie ponderate e che nell’apposito modulo sono fornite le fasce delle transazioni. Il Modulo 4 è firmato per procura da Patrick Macken, con data 08/09/2025.
Dan Redington, EVP de Ventas Globales de Ribbon Communications Inc. (RBBN), informó tres ventas en el mercado abierto de acciones ordinarias de la emisora a principios de septiembre de 2025. Los registros muestran la venta de 20.000 acciones el 04/09/2025 a un precio ponderado promedio de $4,1626, 155.434 acciones el 05/09/2025 a un precio ponderado promedio de $4,0297, y 14.176 acciones el 08/09/2025 a $4,02. El total de acciones vendidas fue de 189.610. La tenencia beneficiaria reportada tras cada venta pasó de 169.610 acciones a 14.176 acciones y finalmente a 0 acciones (propiedad directa). Las notas aclaran que los dos primeros precios son promedios ponderados y que en el formulario se incluyen los rangos de las transacciones. El Formulario 4 está firmado por poder por Patrick Macken, con fecha 08/09/2025.
댄 레딩턴(Dan Redington), Ribbon Communications Inc.(RBBN) 글로벌 영업 담당 EVP는 2025년 9월 초 회사 보통주에 대한 세 건의 공개시장 매각을 보고했습니다. 제출서류에는 2025-09-04에 20,000주를 가중평균가 $4.1626에, 2025-09-05에 155,434주를 가중평균가 $4.0297에, 및 2025-09-08에 14,176주를 $4.02에 매각한 것으로 기재되어 있습니다. 총 매도 주식 수는 189,610주입니다. 각 매도 후 보고된 실소유지분은 169,610주에서 14,176주로, 이어서 0주(직접 소유)로 변경되었습니다. 각주에는 처음 두 가격이 가중평균이며 거래 범위가 양식에 기재되어 있다고 명시되어 있습니다. Form 4는 2025-09-08자 위임장으로 패트릭 매켄(Patrick Macken)이 서명했습니다.
Dan Redington, EVP Global Sales de Ribbon Communications Inc. (RBBN), a déclaré trois ventes sur le marché libre d’actions ordinaires de l’émetteur début septembre 2025. Les dépôts indiquent la vente de 20 000 actions le 04/09/2025 à un prix moyen pondéré de $4,1626, 155 434 actions le 05/09/2025 à un prix moyen pondéré de $4,0297, et 14 176 actions le 08/09/2025 à $4,02. Le nombre total d’actions vendues est de 189 610. La participation bénéficiaire déclarée après chaque vente est passée de 169 610 actions à 14 176 actions puis à 0 action (propriété directe). Les notes indiquent que les deux premiers prix sont des moyennes pondérées et que les plages de transaction sont fournies sur le formulaire. Le Formulaire 4 est signé par procuration par Patrick Macken, daté du 08/09/2025.
Dan Redington, EVP Global Sales von Ribbon Communications Inc. (RBBN), meldete drei separate Verkäufe von Stammaktien des Emittenten am offenen Markt Anfang September 2025. Die Unterlagen zeigen Verkäufe von 20.000 Aktien am 04.09.2025 zu einem gewichteten Durchschnittspreis von $4,1626, 155.434 Aktien am 05.09.2025 zu einem gewichteten Durchschnittspreis von $4,0297 und 14.176 Aktien am 08.09.2025 zu $4,02. Insgesamt wurden 189.610 Aktien verkauft. Das gemeldete wirtschaftliche Eigentum änderte sich nach den einzelnen Verkäufen von 169.610 Aktien auf 14.176 Aktien und schließlich auf 0 Aktien (direkter Besitz). Fußnoten weisen darauf hin, dass die ersten beiden Preise gewichtete Durchschnitte sind und dass im Formular Transaktionsspannen angegeben sind. Das Formular 4 ist per Vollmacht von Patrick Macken datiert 08.09.2025 unterzeichnet.
- Complete Section 16 disclosure with transaction dates, quantities, and weighted-average prices included
- Explanatory footnotes disclose price ranges and commit to provide detailed per-price counts upon request
- Form signed via POA (Patrick Macken) with a date, indicating attestation of the report
- Insider sold all reported direct holdings (aggregate 189,610 shares), leaving reported direct ownership at 0
- Large volume of sales relative to the officer's previously reported holdings (decline from 169,610 to 0) which is material information for shareholders
Insights
TL;DR: Senior officer sold 189,610 RBBN shares across three trades in early September 2025; filing discloses weighted-average prices and remaining direct ownership reached zero.
The reported transactions are sizeable in absolute terms: total shares sold were 189,610, executed at weighted-average prices of $4.1626, $4.0297 and $4.02. The Form 4 shows a step-down in direct beneficial ownership from 169,610 to 14,176 and then to 0. For investors, the items of record are the volume sold and confirmed weighted-average pricing ranges disclosed in the footnotes. The filing is complete and includes a POA signature, meeting Section 16 reporting requirements.
TL;DR: Insider compliance appears timely and detailed; the Form 4 includes weighted-average price disclosures and a POA signature dated 09/08/2025.
The Form 4 provides clear transaction codes and explanatory footnotes indicating weighted-average price ranges for the sales, which supports transparency. The filing was executed by a power of attorney, with the signature block indicating proper attestation. From a governance and disclosure perspective, the document contains the necessary elements to satisfy reporting obligations without additional qualifiers.
Dan Redington, EVP Global Sales di Ribbon Communications Inc. (RBBN), ha segnalato tre vendite sul mercato aperto del capitale comune dell’emittente all’inizio di settembre 2025. Le dichiarazioni indicano la vendita di 20.000 azioni il 04/09/2025 a prezzo medio ponderato di $4,1626, 155.434 azioni il 05/09/2025 a prezzo medio ponderato di $4,0297 e 14.176 azioni l’08/09/2025 a $4,02. Le azioni complessivamente vendute sono 189.610. La partecipazione beneficiaria riportata dopo ogni vendita è passata da 169.610 azioni a 14.176 azioni e infine a 0 azioni (proprietà diretta). Le note indicano che i primi due prezzi sono medie ponderate e che nell’apposito modulo sono fornite le fasce delle transazioni. Il Modulo 4 è firmato per procura da Patrick Macken, con data 08/09/2025.
Dan Redington, EVP de Ventas Globales de Ribbon Communications Inc. (RBBN), informó tres ventas en el mercado abierto de acciones ordinarias de la emisora a principios de septiembre de 2025. Los registros muestran la venta de 20.000 acciones el 04/09/2025 a un precio ponderado promedio de $4,1626, 155.434 acciones el 05/09/2025 a un precio ponderado promedio de $4,0297, y 14.176 acciones el 08/09/2025 a $4,02. El total de acciones vendidas fue de 189.610. La tenencia beneficiaria reportada tras cada venta pasó de 169.610 acciones a 14.176 acciones y finalmente a 0 acciones (propiedad directa). Las notas aclaran que los dos primeros precios son promedios ponderados y que en el formulario se incluyen los rangos de las transacciones. El Formulario 4 está firmado por poder por Patrick Macken, con fecha 08/09/2025.
댄 레딩턴(Dan Redington), Ribbon Communications Inc.(RBBN) 글로벌 영업 담당 EVP는 2025년 9월 초 회사 보통주에 대한 세 건의 공개시장 매각을 보고했습니다. 제출서류에는 2025-09-04에 20,000주를 가중평균가 $4.1626에, 2025-09-05에 155,434주를 가중평균가 $4.0297에, 및 2025-09-08에 14,176주를 $4.02에 매각한 것으로 기재되어 있습니다. 총 매도 주식 수는 189,610주입니다. 각 매도 후 보고된 실소유지분은 169,610주에서 14,176주로, 이어서 0주(직접 소유)로 변경되었습니다. 각주에는 처음 두 가격이 가중평균이며 거래 범위가 양식에 기재되어 있다고 명시되어 있습니다. Form 4는 2025-09-08자 위임장으로 패트릭 매켄(Patrick Macken)이 서명했습니다.
Dan Redington, EVP Global Sales de Ribbon Communications Inc. (RBBN), a déclaré trois ventes sur le marché libre d’actions ordinaires de l’émetteur début septembre 2025. Les dépôts indiquent la vente de 20 000 actions le 04/09/2025 à un prix moyen pondéré de $4,1626, 155 434 actions le 05/09/2025 à un prix moyen pondéré de $4,0297, et 14 176 actions le 08/09/2025 à $4,02. Le nombre total d’actions vendues est de 189 610. La participation bénéficiaire déclarée après chaque vente est passée de 169 610 actions à 14 176 actions puis à 0 action (propriété directe). Les notes indiquent que les deux premiers prix sont des moyennes pondérées et que les plages de transaction sont fournies sur le formulaire. Le Formulaire 4 est signé par procuration par Patrick Macken, daté du 08/09/2025.
Dan Redington, EVP Global Sales von Ribbon Communications Inc. (RBBN), meldete drei separate Verkäufe von Stammaktien des Emittenten am offenen Markt Anfang September 2025. Die Unterlagen zeigen Verkäufe von 20.000 Aktien am 04.09.2025 zu einem gewichteten Durchschnittspreis von $4,1626, 155.434 Aktien am 05.09.2025 zu einem gewichteten Durchschnittspreis von $4,0297 und 14.176 Aktien am 08.09.2025 zu $4,02. Insgesamt wurden 189.610 Aktien verkauft. Das gemeldete wirtschaftliche Eigentum änderte sich nach den einzelnen Verkäufen von 169.610 Aktien auf 14.176 Aktien und schließlich auf 0 Aktien (direkter Besitz). Fußnoten weisen darauf hin, dass die ersten beiden Preise gewichtete Durchschnitte sind und dass im Formular Transaktionsspannen angegeben sind. Das Formular 4 ist per Vollmacht von Patrick Macken datiert 08.09.2025 unterzeichnet.