RNG Form 144: Minor 7,776-Share Insider Sale Scheduled for Jun 27 2025

Rhea-AI Filing Summary

RingCentral, Inc. (RNG) – Form 144 notice: an unidentified insider intends to sell 7,776 common shares through Morgan Stanley Smith Barney on or after 27 June 2025. The proposed sale is valued at $215,161.92, versus 80,131,686 shares outstanding, representing less than 0.01% of current float. The shares originated from restricted stock units (RSUs) acquired 15 May 2025. No prior sales were reported during the past three months, and no additional material information or adverse corporate developments were disclosed in the filing.

Insights

Financial Analyst

TL;DR: Small insider sale (<0.01% float) via Form 144; immaterial to RNG’s fundamentals; neutral market impact.

The filing signals a routine disposition of 7,776 RSU-derived shares worth roughly $215k. Relative to RingCentral’s 80 million-plus shares outstanding and a market cap in the billions, the transaction is negligible. Absence of concurrent negative disclosure and the declarative statement that the filer possesses no non-public adverse information further reduces potential downside signals. Overall, this appears to be standard liquidity management rather than a bearish insider indicator.

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	7776	215161.92	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	05/15/2025	Restricted Stock Units	Issuer			7776	05/15/2025	N/A

* 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

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

How many RingCentral (RNG) shares are being sold under this Form 144?

The notice covers the proposed sale of 7,776 common shares.

What is the estimated value of the shares to be sold?

The aggregate market value stated in the filing is $215,161.92.

When is the approximate sale date for the RNG shares?

The filer plans to sell on or about June 27, 2025.

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

Given 80,131,686 shares outstanding, the sale equates to less than 0.01% of float.

Were any sales reported by the insider in the previous three months?

No. The filing states “Nothing to Report” for the past three-month period.