RingCentral Form 144: Makagon Plans $748K Stock Sale Under 10b5-1 Plan

Rhea-AI Filing Summary

RingCentral (NYSE:RNG) filed a Form 144 notifying the SEC of a proposed disposition of 27,055 common shares by company officer Kira Makagon. The shares, to be sold through Merrill Lynch on the NYSE, have an aggregate market value of $748,611.85. The transaction is slated to begin on or about June 27 2025 under a Rule 10b5-1 trading plan adopted on March 14 2025.

RingCentral reports approximately 80.13 million shares outstanding, so the planned sale represents roughly 0.03 % of total shares. The filer certified that they hold no undisclosed material adverse information, and no other insider sales were reported in the past three months.

Insights

Corporate Governance Expert

Minor insider sale; negligible effect on investment thesis.

The notice covers a routine 27,055-share sale worth about $0.75 million by Chief Innovation Officer Kira Makagon—only 0.03 % of RingCentral’s float. Executed under a pre-arranged 10b5-1 plan, the transaction appears to be standard liquidity diversification rather than a commentary on future performance. Absent other indicators, market impact should be minimal and sentiment neutral.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001586648
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	RingCentral, Inc.
SEC File Number	001-36089
Address of Issuer	20 DAVIS DRIVE BELMONT CALIFORNIA 94002
Phone	650-472-4100
Name of Person for Whose Account the Securities are To Be Sold	Makagon Kira
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	MERRILL LYNCH 2049 CENTURY PARK EAST 12TH FLOOR LOS ANGELES CA 90067	27055	748611.85	80131686	06/27/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	06/02/2025	RSU	RINGCENTRAL INC.			6495	06/02/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			1775	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			2617	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			2617	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			661	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			367	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			367	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			2618	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			355	05/20/2025	COMPENSATION
COMMON	05/20/2025	RSU	RINGCENTRAL INC.			1066	05/20/2025	COMPENSATION
COMMON	05/15/2025	RSU	RINGCENTRAL INC.			2247	05/15/2025	COMPENSATION
COMMON	02/21/2024	RSU	RINGCENTRAL INC.			291	02/21/2024	COMPENSATION
COMMON	02/21/2024	RSU	RINGCENTRAL INC.			3358	02/21/2024	COMPENSATION
COMMON	02/21/2024	RSU	RINGCENTRAL INC.			369	02/21/2024	COMPENSATION
COMMON	11/20/2023	RSU	RINGCENTRAL INC.			1736	11/20/2023	COMPENSATION
COMMON	08/20/2023	RSU	RINGCENTRAL INC.			102	08/20/2023	COMPENSATION
COMMON	05/12/2022	RSU	RINGCENTRAL INC.			14	05/12/2022	COMPENSATION

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	06/27/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/14/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	KIRA MAKAGON
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many RingCentral shares does Kira Makagon plan to sell under the June 2025 Form 144?

The filing covers a proposed sale of 27,055 common shares.

What is the aggregate market value of the shares in RingCentral's Form 144 dated June 28 2025?

The shares have an aggregate market value of $748,611.85 as reported in the filing.

When will the proposed insider sale of RingCentral stock take place?

The approximate sale date disclosed is June 27 2025, executed through Merrill Lynch on the NYSE.

What percentage of RingCentral’s outstanding shares does the planned sale represent?

The sale equals roughly 0.03 % of the company’s 80.13 million shares outstanding.

Did the insider state awareness of any undisclosed adverse information about RingCentral?

No. The filing certifies the insider is unaware of any material adverse information that has not been publicly disclosed.