RingCentral (RNG) CFO share sale and tax-related share remittance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. Chief Financial Officer Vaibhav Agarwal reported two Class A Common Stock transactions. On March 2, 2026, he completed an open-market sale of 18,680 shares at an average price of $36.328 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on September 15, 2025. The sale price reflects a weighted average for multiple trades between $35.86 and $36.71. On March 1, 2026, he disposed of 18,448 shares in an exempt transaction to the company to cover tax withholding obligations arising from the vesting of restricted stock units under Rule 16b-3(e). Following these transactions, he directly owned 139,493 shares of RingCentral Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,680 shares ($678,607)
Net Sell
2 txns
Insider
Agarwal Vaibhav
Role
Chief Financial Officer
Sold
18,680 shs ($679K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,680 | $36.328 | $679K |
| Tax Withholding | Class A Common Stock | 18,448 | $36.45 | $672K |
Holdings After Transaction:
Class A Common Stock — 139,493 shares (Direct)
Footnotes (1)
- 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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.86 to $36.71, 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 range set forth in this footnote (3) to this Form 4.
FAQ
What insider transactions did RingCentral (RNG) disclose for CFO Vaibhav Agarwal?
RingCentral disclosed that CFO Vaibhav Agarwal sold 18,680 shares of Class A Common Stock at an average price of $36.328 and remitted 18,448 shares to the company to satisfy tax withholding obligations from restricted stock unit vesting.
What types of transactions were reported in this RingCentral (RNG) Form 4?
The Form 4 reports an open-market sale of 18,680 RingCentral Class A shares and a separate exempt disposition of 18,448 shares to the issuer for tax withholding, both affecting CFO Vaibhav Agarwal’s direct ownership position.