[144] RINGCENTRAL, INC. SEC Filing

Rhea-AI Filing Summary

RingCentral Form 144 summary: This notice reports a proposed sale of 14,970 common shares on 08/21/2025 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $429,561.16. The filing lists total shares outstanding as 90,542,720. It also discloses that the shares were acquired on 08/20/2025 as 10,078 restricted stock and 4,892 performance shares from the issuer. The document records a prior sale by the same person, Vaibhav Agarwal, of 2,443 shares on 08/18/2025 for gross proceeds of $75,000.10. The filer affirms no undisclosed material adverse information.

Positive

• Timely and detailed disclosure of planned sale date, broker, share count, and aggregate market value
• Clear acquisition details showing restricted stock and performance shares acquired from the issuer on 08/20/2025
• Prior sale disclosed (2,443 shares sold on 08/18/2025 for $75,000.10), supporting transparency about recent insider transactions

Negative

• Rapid sequence of transactions: shares were acquired on 08/20/2025 and a sale is proposed on 08/21/2025, which may raise questions for some investors (factually reported)
• No sale price per share provided for the proposed 08/21/2025 sale (only aggregate market value is shown)

Insights

Securities Analyst

TL;DR Insider intends to sell newly issued restricted and performance shares; disclosure provides transaction detail but appears routine.

The filing documents a planned sale of 14,970 common shares via Morgan Stanley on 08/21/2025, following grant/acquisition on 08/20/2025. The notice includes historical sale activity: 2,443 shares sold on 08/18/2025 for $75,000.10. For investors, the filing supplies precise timing, quantities, and counterparty details but does not include explanatory context for the sales or any price per share for the planned transaction. Impact on outstanding share count is minimal given the issuer reports 90,542,720 shares outstanding.

Corporate Governance Expert

TL;DR The filer complies with Rule 144 disclosure requirements and affirms absence of undisclosed material information.

The notice lists acquisition types (restricted stock and performance shares) and indicates the acquisitions were from the issuer on 08/20/2025. It names the executing broker and provides required attestations. The disclosure is procedurally complete for a Rule 144 notice, but the filing does not provide any internal rationale or trading plan details beyond the mandatory representations.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	14970	429561.16	90542720	08/21/2025	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	08/20/2025	Restricted Stock	ISSUER			10078	08/20/2025	Not Applicable
Common	08/20/2025	Performance Shares	ISSUER			4892	08/20/2025	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
VAIBHAV AGARWAL 20 Davis Drive Belmont CA 94002	Common	08/18/2025	2443	75000.10

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does RingCentral's (RNG) Form 144 report?

The filing reports a proposed sale of 14,970 common shares on 08/21/2025 via Morgan Stanley with an aggregate market value of $429,561.16.

Who is the seller named in the filing for RNG?

The recent seller identified for a prior sale is Vaibhav Agarwal, who sold 2,443 shares on 08/18/2025 for $75,000.10.

When and how were the shares being sold reported as acquired?

The filing shows the shares were acquired from the issuer on 08/20/2025 as 10,078 restricted stock and 4,892 performance shares.

How many RingCentral shares are outstanding according to the filing?

The filing lists 90,542,720 shares outstanding.

Which broker is handling the proposed sale of RNG shares?

The proposed sale is to be executed through Morgan Stanley Smith Barney LLC.