RingCentral (RNG) director logs share sale and 10,118 RSU award
Rhea-AI Filing Summary
RingCentral, Inc. disclosed that one of its directors reported recent transactions in the company’s Class A common stock. On January 2, 2026, the director sold 1,402 shares at a price of $28.99 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 21, 2025. On the same day, the director acquired 10,118 Restricted Stock Units (RSUs) at a price of $0. These RSUs are scheduled to vest in equal quarterly installments over a one-year period beginning on January 2, 2026. Following these transactions, the director directly beneficially owned 35,415 shares of RingCentral Class A common stock.
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FAQ
What insider transaction did RingCentral (RNG) report in this Form 4?
A RingCentral director reported selling 1,402 shares of Class A common stock at $28.99 per share and receiving 10,118 RSUs on January 2, 2026.
How many RingCentral (RNG) shares did the director sell and at what price?
The director sold 1,402 shares of RingCentral Class A common stock at a price of $28.99 per share.
Were the RingCentral (RNG) share sales made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2025.
What equity award did the RingCentral (RNG) director receive in this filing?
The director received 10,118 Restricted Stock Units (RSUs) at a price of $0, scheduled to vest in equal quarterly installments over one year starting on January 2, 2026.
How many RingCentral (RNG) shares does the director own after these transactions?
After the reported transactions, the director directly beneficially owned 35,415 shares of RingCentral Class A common stock.
What is the relationship of the reporting person to RingCentral (RNG)?
The reporting person is identified as a director of RingCentral, Inc.
How do the new RingCentral (RNG) RSUs vest for the director?
The 10,118 RSUs will vest in equal quarterly installments over a one-year period beginning on January 2, 2026.