[144] RINGCENTRAL, INC. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for RingCentral, Inc. (RNG) shows a proposed sale of 10,778 common shares through Morgan Stanley Smith Barney with an aggregate market value of $336,229.41. The proposed sale lists the approximate sale date as 08/25/2025 on the NYSE and reports 90,542,720 shares outstanding. The filing discloses that the shares were acquired on 05/20/2024 as 5,522 performance shares and 5,256 restricted stock, with payment noted as not applicable. The filing also reports that Vlad Vendrow sold 31,607 common shares on 06/13/2025 for gross proceeds of $819,537.90. The filer attests they have no undisclosed material adverse information.

Positive

• Transparency: The filing provides specific details on the number of shares, acquisition dates, and the broker, supporting regulatory disclosure requirements
• Compensation origin: Shares were acquired as performance shares and restricted stock, indicating these securities arose from formal equity awards

Negative

• Insider sale: Prior sale of 31,607 shares by Vlad Vendrow on 06/13/2025 for $819,537.90 could be perceived negatively by some investors
• Concentration of planned sale: Proposed sale of 10,778 shares represents a measurable disposal of insider-held awarded shares

Insights

Securities Analyst

TL;DR: Insider sale disclosed; proposed Rule 144 sale from recent equity awards scheduled for late 2025, routine disclosure.

The Form 144 documents a proposed public sale of 10,778 RingCentral common shares, routed through Morgan Stanley Smith Barney, with an indicated sale date of 08/25/2025 and an aggregate market value of $336,229.41. Acquisition records show these shares originated from performance and restricted stock awards dated 05/20/2024, totaling 10,778 shares. The filing also reports a prior sale of 31,607 shares by Vlad Vendrow on 06/13/2025 for $819,537.90. From a market perspective, this is a standard insider disclosure under Rule 144 that notifies the market of planned sales and recent transactions; it does not by itself provide operational or financial performance information about the issuer.

Corporate Governance Expert

TL;DR: Disclosure aligns with compliance expectations; shows equity awarded and subsequent insider monetization.

The filing details that the securities to be sold were granted as performance shares and restricted stock on 05/20/2024, indicating compensation-related origin rather than open-market purchase. The prior sale by Vlad Vendrow is disclosed with specific volume and proceeds. The signer affirms no undisclosed material adverse information, which is a required certification for Form 144 submissions. This filing is a compliance disclosure and should be read as such, documenting insider equity movements rather than corporate operational changes.

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	10778	336229.41	90542720	08/25/2025	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	05/20/2024	Performance Shares	Issuer			5522	05/20/2024	Not Applicable
Common	05/20/2024	Restricted Stock	Issuer			5256	05/20/2024	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
VLAD VENDROW 20 Davis Drive Belmont CA 94002	COMMON	06/13/2025	31607	819537.90

144: Remarks and Signature

Remarks

Date of Notice

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 the Form 144 for RingCentral (RNG) disclose?

The filing discloses a proposed sale of 10,778 common shares via Morgan Stanley Smith Barney with an aggregate market value of $336,229.41, and a prior sale of 31,607 shares by Vlad Vendrow on 06/13/2025 for $819,537.90.

When were the shares to be sold acquired?

The shares were acquired on 05/20/2024 as 5,522 performance shares and 5,256 restricted stock.

Which broker is handling the proposed sale?

The proposed sale is listed with Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

On which exchange is the sale expected to occur?

The filing lists the NYSE as the exchange and an approximate sale date of 08/25/2025.

How many RingCentral shares are outstanding according to the filing?

The filing reports 90,542,720 shares outstanding.