STOCK TITAN

RingCentral (RNG) COO takes RSU bonus, surrenders shares for taxes

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RingCentral, Inc. (RNG) reported insider equity compensation activity for President and COO Kira Makagon. On 2026-08-17, she received 3,437 shares of Class A Common Stock via fully vested RSUs granted under the Key Employee Equity Bonus Plan in lieu of a cash bonus for the second quarter of 2026. On the same date, 1,749 shares were remitted back to RingCentral at $64.07 per share in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding obligations arising from the RSU vesting.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Makagon Kira
Role President and COO
Type Security Shares Price Value
Grant/Award Class A Common Stock F1 3,437 $0.00 $0.00
Tax Withholding Class A Common Stock F2 1,749 $64.07 $112K
Holdings After Transaction: Class A Common Stock — 304,052 shares (Direct)
Footnotes (2)
  1. F1. Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the second quarter of 2026.
  2. F2. 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 RSUs.
RSU Shares Granted 3,437 shares Fully vested RSUs granted on 2026-08-17 in lieu of a cash bonus for Q2 2026
Shares Withheld for Taxes 1,749 shares Remitted to issuer on 2026-08-17 to satisfy tax withholding from RSU vesting
Tax Withholding Price $64.07 per share Price applied to the 1,749 shares remitted in exempt disposition under Rule 16b-3(e)
Form 4 Transaction Count 2 transactions One RSU-based acquisition and one tax-withholding disposition on 2026-08-17
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that were fully vested as of the grant date"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Key Employee Equity Bonus Plan financial
"These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan"
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising out of the vesting"
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares"

FAQ

What equity award did RingCentral (RNG) grant to President and COO Kira Makagon?

RingCentral granted Kira Makagon 3,437 RSU-based shares of Class A Common Stock on 2026-08-17, fully vested at grant, under the Key Employee Equity Bonus Plan in lieu of a cash bonus for the second quarter of 2026.

Why did Kira Makagon dispose of RingCentral (RNG) shares in this Form 4?

Kira Makagon remitted 1,749 shares of RingCentral Class A Common Stock back to the issuer to satisfy tax withholding obligations from RSU vesting, in an exempt disposition to the issuer under Rule 16b-3(e).

What price was used for the tax withholding share disposition in the RingCentral (RNG) Form 4?

The exempt disposition to cover tax withholding used a price of $64.07 per share for 1,749 shares remitted to RingCentral in connection with the vesting of RSUs on 2026-08-17.

Was Kira Makagon’s RingCentral (RNG) equity grant a new RSU award or a cash bonus?

The award was RSUs granted in lieu of a cash bonus. Fully vested RSUs covering 3,437 shares were granted under the Key Employee Equity Bonus Plan for the second quarter of 2026 instead of paying a cash bonus.

Does the RingCentral (RNG) Form 4 indicate an open-market buy or sell by Kira Makagon?

No open-market buy or sell is reported. The filing shows a fully vested RSU grant of 3,437 shares and an exempt disposition of 1,749 shares to RingCentral solely to satisfy RSU-related tax withholding obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Makagon Kira

(Last)(First)(Middle)
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE

(Street)
BELMONT CALIFORNIA 94002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/17/2026A3,437(1)A$0305,801D
Class A Common Stock08/17/2026F(2)1,749D$64.07304,052D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the second quarter of 2026.
2. 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 RSUs.
/s/ Ashley Ta, Attorney-in-fact08/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)