RingCentral COO remits $938K in shares for taxes
RingCentral’s President and COO used company shares to cover taxes on vested RSUs in an exempt insider transaction.
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Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported that President and COO Kira Makagon disposed of 13,260 shares of Class A Common Stock on September 1, 2026. The shares were remitted to the company in an exempt transaction to satisfy tax withholding obligations from vesting Restricted Stock Units, at $70.77 per share, leaving her with 281,570 shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 13,260 | $70.77 | $938K |
Footnotes (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.
Key Figures
Key Terms
Rule 16b-3(e) regulatory
Restricted Stock Units financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RingCentral (RNG) report for Kira Makagon?
Was Kira Makagon’s RingCentral (RNG) transaction an open-market sale?
Was the RingCentral (RNG) insider transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.