Ribbon Communications Inc. filings document public-company reporting for a Nasdaq-listed provider of communications software, IP routing and optical networking solutions. Current Reports on Form 8-K record quarterly and annual financial-result releases, exhibits furnished with earnings announcements, and leadership or board changes under Item 5.02.
Ribbon’s proxy materials describe annual meeting matters, board composition, governance arrangements and stockholder voting items. The filing record also identifies the company’s common stock, par value $0.0001, listed on the Nasdaq Global Select Market under RBBN, and connects formal disclosures to its service provider, enterprise, critical infrastructure, government and defense customer categories.
Ribbon Communications Inc. director H. Bruns Grayson reported compensation-related equity activity. On June 16, 2026, he exercised 42,500 RSUs, receiving the same number of common shares and bringing his direct holdings to 825,847 shares of common stock.
On June 15, 2026, he was granted 63,197 new Restricted Stock Units (RSUs), each representing one share of common stock. These RSUs vest on June 15, 2027, subject to continued board service, or earlier on the date of the company’s 2027 annual stockholder meeting if he does not continue on the board then.
Ribbon Communications director Stewart R. Ewing Jr. reported equity compensation activity, not open‑market trading. On June 16, 2026, he exercised 42,500 restricted stock units (RSUs), receiving an equal number of common shares and bringing his direct holdings to 239,891 shares.
On June 15, 2026, he also received a new grant of 63,197 RSUs. According to the terms, these RSUs are scheduled to vest on June 15, 2027, subject to his continued service, or earlier on the date of the company’s 2027 Annual Meeting of Stockholders if he does not stand for, or is not, re‑elected. Each RSU represents a contingent right to receive one share of Ribbon common stock.
Ribbon Communications Inc. furnished an investor presentation in connection with an investor conference, outlining its position as a provider of mission‑critical communications and networking infrastructure for AI workloads. The company emphasizes secure AI voice, autonomous networking, and data center interconnect as key growth vectors. It highlights a revenue mix with approximately 67% software and services, 32% maintenance revenue, and maintenance renewal rates above 90%, which together support recurring cash flow. Average customer tenure of about 20 years and more than 1,000 global customers underscore long‑term relationships and high switching costs. The presentation also notes a 12% CAGR in revenue over recent years and improving adjusted EBITDA on a trailing twelve‑month basis, supported by increasing software content and disciplined cost management.
Ribbon Communications Inc. reported the results of its annual stockholder meeting held on June 3, 2026. Stockholders representing 163,724,665 shares, about 93% of the shares outstanding as of the April 6, 2026 record date, were present or represented by proxy.
All nine director nominees were elected, each receiving a strong majority of votes cast "for" versus "against." Stockholders also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
In addition, stockholders approved the non-binding advisory vote on executive compensation. The say-on-pay proposal received 98,595,579 votes for, 43,428,949 against, and 5,634,880 abstentions, with 16,363,552 broker non-votes. The Compensation Committee and Board indicated they will consider this outcome in future pay decisions.
Ribbon Communications EVP and Chief Legal Officer Patrick W. Macken reported routine equity award vesting and related tax withholding. On April 17 and May 15, 2026, his RSUs and PSUs vested and converted into a total of 251,081 shares of common stock, with 112,681 shares withheld by the company to cover tax obligations at prices around $2.63–$2.71 per share. Following these compensation-related transactions, he directly owns 482,146 shares of Ribbon Communications common stock, with no open-market purchases or sales reported in this filing.
Ribbon Communications EVP and COO Sam Bucci reported routine equity compensation activity involving RSUs and PSUs, not open-market trading. On April 17 and May 15, 2026, he exercised derivative awards into a total of 323,770 shares of common stock. In connection with these vestings, 173,310 shares were withheld at prices of $2.63 and $2.71 per share to cover tax obligations, as is common for stock-based compensation. Footnotes explain that the vested performance units were earned based on pre-set financial and total shareholder return goals determined by the board’s compensation committee.
Ribbon Communications EVP and CFO Eric S. Marmurek reported a series of equity award vesting events and related tax-withholding transactions in company stock. He exercised Restricted Share Units (RSUs) and Performance Share Units (PSUs) into common shares and had a portion of those shares withheld to cover taxes.
The filing shows exercises of stock units totaling 154,814 shares, offset by 61,005 shares withheld for tax obligations at prices around $2.63–$2.71 per share. These are compensation-related events rather than open-market purchases or sales, and reflect the vesting of awards tied to financial goals and total shareholder return performance through December 31, 2025.
Ribbon Communications CEO Bruce McClelland reported compensation-related stock activity involving restricted and performance share units. He exercised or converted awards into a total of 2,297,255 shares of common stock, primarily from RSUs and PSUs that vested based on pre-set financial and total shareholder return goals through December 31, 2025.
To cover tax withholding obligations upon vesting, 903,965 shares of common stock were withheld at prices around $2.63–$2.71 per share. The transactions are coded as option/award exercises (M) and tax-withholding dispositions (F), with no open-market purchases or sales reported.
Ribbon Communications Inc. reported weaker results for the quarter ended March 31, 2026. Revenue fell to $162.6 million from $181.3 million a year earlier as both product and service sales declined. Gross profit decreased to $69.7 million, while operating expenses stayed roughly flat, driving a larger operating loss of $31.7 million versus $19.6 million.
Net loss widened to $34.5 million compared with $26.2 million, and operating activities used $22.0 million of cash. Cash and cash equivalents were $67.6 million at quarter end, against total debt with a face amount of $339.9 million.
The company remained in compliance with its 2024 Credit Facility but, on May 5, 2026, obtained a waiver of the maximum consolidated net leverage ratio for the period ending June 30, 2026 and reset leverage tests to 4.50x for the September 30, 2026 period and 4.00x thereafter. For any quarter in which the consolidated net leverage ratio exceeds 3.75x, the applicable interest rate margin increases to 7.00%, raising borrowing costs when leverage is high.
Ribbon Communications reported first quarter 2026 revenue of $163 million, down from $181 million a year earlier, and a GAAP net loss of $34.5 million or $(0.20) per share. On a non-GAAP basis, net loss was $8.4 million and Adjusted EBITDA was $(8.3) million, reflecting softer gross margin and restructuring costs.
The company projects second quarter 2026 revenue between $185 million and $195 million, non-GAAP gross margin of 49%–50%, and Adjusted EBITDA of $9–$14 million. For full-year 2026, it targets revenue around $857.5 million and Adjusted EBITDA near $112.5 million. Cash and cash equivalents were $67.6 million at March 31, 2026, down from $96.4 million at year-end, as operating activities used cash.
The company also announced that Chief Financial Officer John Townsend will resign effective April 30, 2026, to pursue another opportunity. Eric “Rick” Marmurek, currently Deputy CFO and Chief Accounting Officer, will become Executive Vice President, Chief Financial Officer and Chief Accounting Officer effective May 1, 2026, with a base salary of $475,000 and a target bonus equal to 75% of base salary.