STOCK TITAN

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.

(Very High)
(Neutral)
Form Type
4

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.

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Insider Makagon Kira
Role President and COO
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1 13,260 $70.77 $938K
Holdings After Transaction: Class A Common Stock — 281,570 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 13,260 shares Disposition to issuer on September 1, 2026 to satisfy tax withholding on RSU vesting
Reported price per share $70.77 per share Value used for the 13,260-share tax-withholding disposition
Approximate aggregate value of shares remitted $938,410.20 13,260 shares at $70.77 per share for tax withholding
Shares held after transaction 281,570 shares Direct ownership of RingCentral Class A Common Stock following the September 1, 2026 disposition
Code F transaction shares 13,260 shares Shares delivered or withheld for payment of tax liability
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"

FAQ

What insider transaction did RingCentral (RNG) report for Kira Makagon?

RingCentral reported that President and COO Kira Makagon remitted 13,260 shares of Class A Common Stock to the company on September 1, 2026 to cover tax withholding obligations arising from the vesting of Restricted Stock Units.

Was Kira Makagon’s RingCentral (RNG) transaction an open-market sale?

No. The filing states it was an exempt disposition to the issuer under Rule 16b-3(e), with shares remitted to RingCentral to satisfy tax withholding on vested Restricted Stock Units, not an open-market sale.

At what price were the RingCentral (RNG) shares reported in this Form 4?

The Form 4 reports the disposition of 13,260 shares of RingCentral Class A Common Stock at $70.77 per share, corresponding to an aggregate value of approximately $938,410.20 used to satisfy tax withholding obligations.

How many RingCentral (RNG) shares does Kira Makagon hold after this transaction?

After remitting shares for tax withholding, Kira Makagon is reported to hold 281,570 shares of RingCentral Class A Common Stock directly following the September 1, 2026 transaction.

Was the RingCentral (RNG) insider transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnote describes the event as an exempt disposition to the issuer for taxes on RSU vesting, not as a sale under a trading plan.

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)
09/01/2026
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 Stock09/01/2026F(1)13,260D$70.77281,570D
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/ John Marlow, Attorney-in-fact09/03/2026
** 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)