RingCentral (NYSE: RNG) CFO disposes of 8,234 shares via sale and tax withholding
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported insider transactions by Chief Financial Officer Vaibhav Agarwal. On August 21, 2026, he sold 4,044 shares of Class A Common Stock at $65.07 per share in an open-market transaction effected under a Rule 10b5-1 trading plan. On August 20, 2026, he disposed of 4,190 shares in an exempt transaction to the issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising from the vesting of Restricted Stock Units.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 8,234 shares
Net Sell
2 txns
Insider
Agarwal Vaibhav
Role
Chief Financial Officer
Sold
4,044 shs ($263K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 4,044 | $65.07 | $263K |
| Tax Withholding | Class A Common Stock F1 | 4,190 | $65.58 | $275K |
Holdings After Transaction:
Class A Common Stock — 161,048 shares (Direct)
Footnotes (2)
- 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.
- F2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.
Key Figures
Shares sold (open market): 4,044 shares
Sale price per share: $65.07 per share
Shares remitted for tax withholding: 4,190 shares
+1 more
4 metrics
Shares sold (open market)
4,044 shares
Class A Common Stock sale on August 21, 2026
Sale price per share
$65.07 per share
Open-market sale of 4,044 shares on August 21, 2026
Shares remitted for tax withholding
4,190 shares
Exempt disposition to issuer on August 20, 2026
Tax-withholding reference price
$65.58 per share
Price used for 4,190-share disposition under code F on August 20, 2026
Key Terms
Rule 10b5-1 trading plan, Rule 16b-3(e), Restricted Stock Units
3 terms
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting"
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.
FAQ
What insider transactions did RNG CFO Vaibhav Agarwal report on this Form 4?
He reported two transactions in Class A Common Stock: a sale of 4,044 shares at $65.07 on August 21, 2026, and an exempt disposition of 4,190 shares to RingCentral on August 20, 2026 to cover tax withholding from RSU vesting.
Were Vaibhav Agarwal’s RingCentral (RNG) trades under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the filing is subject to Rule 10b5-1, and a footnote states the 4,044-share sale on August 21, 2026 was effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.