[144] RINGCENTRAL, INC. SEC Filing
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) submitted a Form 144 notifying the proposed sale of 1,037 common shares (restricted stock units) with an aggregate market value of $32,385.51. The securities were acquired as RSUs on 08/15/2025 and the filer lists an approximate sale date of 08/26/2025 on the NYSE through Morgan Stanley Smith Barney LLC.
The filing also discloses a prior 10b5-1 sale by the same account of 7,776 shares on 06/27/2025 generating gross proceeds of $217,730.06. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale of RSUs scheduled; prior 10b5-1 sales occurred, implying routine liquidity rather than a material event.
The proposed sale covers 1,037 restricted shares valued at $32,385.51, executed through a broker on the NYSE. Given the modest size and the prior documented 10b5-1 sale of 7,776 shares on 06/27/2025, this filing appears consistent with routine insider liquidity events rather than a company-specific development. No operational or financial metrics about the issuer are provided, so investor impact is limited to disclosure of insider selling activity.
TL;DR: Form 144 disclosure meets routine compliance expectations; includes representation about material nonpublic information.
The notice identifies the securities as RSUs acquired on 08/15/2025 and slated for sale 08/26/2025 through Morgan Stanley Smith Barney LLC. The filing references Rule 10b5-1 processes and documents a prior 10b5-1 sale, which supports procedural compliance and transparency. The form does not show a plan adoption date field populated, so no additional evidence of an executed 10b5-1 plan date is present within this content.