RingCentral (RNG) SVP Marlow disposes 21,864 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. senior vice president and general counsel John H. Marlow reported a tax-related share disposition. On March 1, 2026, he remitted 21,864 Class A common shares to the company at $36.45 per share to satisfy tax withholding from restricted stock unit vesting. This exempt transaction was made directly to the issuer, not as an open-market sale. Following the transaction, he held 291,180 shares directly, plus indirect holdings of 12,080 shares in The M&M Family 2020 Irrevocable Trust and 12,550 shares in trusts for his children, where he and his spouse serve as co‑trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Marlow John H
Role
SVP, CAdO & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 21,864 | $36.45 | $797K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 291,180 shares (Direct);
Class A Common Stock — 12,080 shares (Indirect, By Trust)
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. Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust. Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.
FAQ
What insider transaction did RNG executive John H. Marlow report?
John H. Marlow reported an exempt, tax-withholding disposition of shares. He remitted 21,864 RingCentral Class A common shares to the company at $36.45 per share to cover tax obligations from restricted stock unit vesting, rather than selling shares on the open market.
Was John H. Marlow’s RingCentral Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 shows a Rule 16b-3(e) exempt disposition, where 21,864 shares were delivered directly back to RingCentral to satisfy tax withholding obligations arising from the vesting of restricted stock units.
What does transaction code F mean in John H. Marlow’s RingCentral Form 4?
Transaction code F indicates payment of an exercise price or tax liability using securities. In this case, it reflects an exempt disposition under Rule 16b-3(e), where 21,864 RingCentral shares were remitted to the issuer to satisfy tax withholding from restricted stock unit vesting.