STOCK TITAN

[Form 4] Ribbon Communications Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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 14,176주$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.

Positive
  • 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
Negative
  • 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 14,176주$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.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Redington Dan

(Last) (First) (Middle)
6500 CHASE OAKS BOULEVARD
SUITE 100

(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)
09/04/2025
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
Common Stock 09/04/2025 S 20,000 D $4.1626(1) 169,610 D
Common Stock 09/05/2025 S 155,434 D $4.0297(2) 14,176 D
Common Stock 09/08/2025 S 14,176 D $4.02 0 D
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
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.16 to $4.165, inclusive. The reporting person undertakes to provide to Ribbon Communications, any security holder of Ribbon Communications, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.965 to $4.160, inclusive. The reporting person undertakes to provide to Ribbon Communications, any security holder of Ribbon Communications, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote.
Patrick Macken, By POA from Dan Redington, EVP of Global Sales 09/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Dan Redington report on the Form 4 for RBBN?

The Form 4 reports three open-market sales: 20,000 shares on 09/04/2025 at a weighted-average price of $4.1626, 155,434 shares on 09/05/2025 at $4.0297, and 14,176 shares on 09/08/2025 at $4.02.

How many total RBBN shares did the reporting person sell?

The reporting person sold an aggregate of 189,610 shares across the three reported transactions.

What was the reported beneficial ownership after the sales?

The form shows direct beneficial ownership following the reported transactions moved from 169,610 shares to 14,176 shares and then to 0 shares.

Are the sale prices precise single prices or weighted averages?

The Form 4 indicates the prices for the 09/04/2025 and 09/05/2025 sales are weighted-average prices with ranges provided in the footnotes; the 09/08/2025 price is reported as $4.02.

Who signed the Form 4 and when?

The Form 4 is signed by Patrick Macken, by power of attorney for Dan Redington, dated 09/08/2025.
Ribbon Communications

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United States
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