RingCentral CAO sells shares, covers tax with stock
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported multiple transactions in Class A Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported multiple transactions in Class A Common Stock. On March 3, 2026, he completed two open-market sales: 1,100 shares at $35.435 and 2,623 shares at $36.441, leaving 84,332 shares directly owned afterward. These sales were executed under a Rule 10b5-1 trading plan adopted on March 14, 2025. On March 1, 2026, he also disposed of 8,124 shares at $36.45 in an exempt transaction remitting shares to the company to cover tax withholding on vested restricted stock units, as permitted under Rule 16b-3(e).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,100 | $35.435 | $39K |
| Sale | Class A Common Stock | 2,623 | $36.441 | $96K |
| Exercise Price or Tax Liability | Class A Common Stock | 8,124 | $36.45 | $296K |
Footnotes (4)
- F1. In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of Restricted Stock Units.
- F2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.94 to $35.92, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.95 to $36.90, inclusive.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RingCentral (RNG) report for Tarun Arora?
Were Tarun Arora’s RingCentral (RNG) stock sales under a trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.