[144] RINGCENTRAL, INC. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for RingCentral, Inc. (RNG) reporting a proposed sale of 14,887 common shares through Merrill Lynch on the NYSE with an aggregate market value of $450,182.88 and total shares outstanding listed as 80,131,686. The securities were acquired as RSUs from RingCentral, with 2,443 shares acquired on 08/15/2025 (payment noted 06/02/2025 as compensation) and 12,444 shares acquired on 08/20/2025 (payment noted 08/25/2025 as compensation). The filing also discloses a prior sale on 06/30/2025 by Kira Makagon of 21,185 shares for $585,711.46. The notice includes the standard attestation that the seller is not aware of undisclosed material adverse information.
Positive
- Detailed transaction disclosure including broker, exchange, share counts, market value, acquisition dates, and payment characterization
- Includes prior sales (21,185 shares on 06/30/2025 for $585,711.46), improving transparency
Negative
- No financial or operational context is provided in the filing to explain the reason for the sale beyond standard attestation
Insights
TL;DR: Routine Section 144 notice reporting insider RSU sales and a planned broker-assisted sale; no new financial results disclosed.
This Form 144 documents a proposed sale of 14,887 RingCentral common shares via Merrill Lynch on the NYSE valued at $450,182.88. The securities were acquired as RSUs from the issuer on specific dates and paid as compensation; acquisition and payment dates are explicitly provided. The filing also lists a recent prior sale of 21,185 shares generating $585,711.46. As a disclosure filing under Rule 144, it provides transaction-level detail but does not present operating or earnings information.
TL;DR: The filing appears procedurally complete with required attestation; it is a compliance disclosure rather than a material event.
The notice includes broker details (Merrill Lynch), exchange (NYSE), exact share counts, market value, outstanding shares, acquisition types (RSU), and payment characterization (compensation). The seller attests to lack of undisclosed material adverse information and the form includes the mandatory warning about false statements. This matches standard Rule 144 filing elements and signals a compliance-driven disclosure.