STOCK TITAN

RingCentral (NYSE: RNG) COO delivers shares to cover RSU taxes

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RingCentral, Inc. (RNG) reported an insider tax-related share disposition by President and COO Kira Makagon. On 2026-08-20, Makagon remitted 9,222 shares of Class A common stock to RingCentral at $65.58 per share to satisfy tax withholding obligations from vesting Restricted Stock Units, in an exempt transaction under Rule 16b-3(e). After this withholding, Makagon directly held 294,830 shares of RingCentral Class A common stock.

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Insights

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Insider Makagon Kira
Role President and COO
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 9,222 $65.58 $605K
Holdings After Transaction: Class A Common Stock — 294,830 shares (Direct)
Footnotes (1)
  1. 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.
Shares remitted for tax withholding 9,222 shares Class A Common Stock remitted on 2026-08-20 under Code F
Transaction price per share $65.58 per share Price used for the 9,222-share tax-withholding disposition
Shares held after transaction 294,830 shares Direct holdings of Kira Makagon following the 2026-08-20 transaction
Code F shares for exercise price or tax liability 9,222 shares Shares delivered or withheld for tax withholding obligations from RSU vesting
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e)"
Restricted Stock Units financial
"tax withholding obligations arising out of the vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising"
Code F regulatory
"classified as a Code F transaction for tax withholding"

FAQ

What insider transaction did RNG report for Kira Makagon?

Kira Makagon remitted 9,222 shares of RingCentral Class A common stock to the company at $65.58 per share to cover tax withholding obligations from vesting Restricted Stock Units, in an exempt disposition to the issuer under Rule 16b-3(e).

Was the August 20, 2026 RNG insider transaction a market sale?

No. The 9,222 shares reported for Kira Makagon on 2026-08-20 were remitted to RingCentral to satisfy tax withholding obligations from vesting RSUs, classified as a Code F transaction, not an open-market sale.

How many RNG shares does Kira Makagon hold after the reported transaction?

After the August 20, 2026 tax-withholding disposition, Kira Makagon directly held 294,830 shares of RingCentral Class A common stock, as reported in the Form 4 filing.

What price per share was used in Kira Makagon’s RNG tax-withholding transaction?

The Form 4 reports a transaction price of $65.58 per share for the 9,222 shares of RingCentral Class A common stock remitted to the issuer for tax withholding obligations.

Under what rule was Kira Makagon’s RNG share disposition classified as exempt?

The disposition of 9,222 shares by Kira Makagon was described as an exempt disposition to RingCentral under Rule 16b-3(e), in connection with tax withholding on vesting Restricted Stock Units.

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

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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)
08/20/2026
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 Stock08/20/2026F(1)9,222D$65.58294,830D
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. 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.
/s/ Ashley Ta, Attorney-in-fact08/24/2026
** 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)