RNG insider Marlow reports RSU grant and tax-related share sales
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) disclosed that senior vice president, Chief Administrative Officer and General Counsel John Marlow reported equity transactions in the company’s Class A common stock. On 11/20/2025, he acquired 4,309 RSU-based shares at $0, representing restricted stock units that were fully vested as of the grant date and granted under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus earned for the third quarter of 2025. Also on 11/20/2025 and 11/21/2025, he disposed of 10,897 and 9,877 shares, respectively, at prices of $26.12 and $27.29 in exempt transactions to RingCentral to cover tax withholding obligations arising from RSU vesting. Following these transactions, he holds 303,410 shares directly, plus additional indirect holdings of 12,080 shares in The M&M Family 2020 Irrevocable Trust and 12,550 shares in trusts for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 9,877 | $27.29 | $270K |
| Grant/Award | Class A Common Stock | 4,309 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 10,897 | $26.12 | $285K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the third quarter of 2025. 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 RSUs. 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 Marlow report on this Form 4?
John Marlow reported acquiring 4,309 shares of RingCentral Class A common stock via fully vested RSUs on 11/20/2025, plus related share dispositions to cover tax withholding.
What is the purpose of the RSU grant reported by the RingCentral (RNG) executive?
The RSU grant was made under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus earned for the company’s third quarter of 2025, and the RSUs were fully vested as of the grant date.