[Form 4] RingCentral, Inc. Insider Trading Activity
RingCentral, Inc. insider John H. Marlow reported a transaction on 09/12/2025. Mr. Marlow, listed as SVP, CAdO & General Counsel and a director, reported disposing of 2,600 shares of Class A common stock under code "G" with a reported price of $0, leaving 309,998 shares held directly. He also disclosed indirect holdings of 12,080 shares held in The M&M Family 2020 Irrevocable Trust (co-trustee with his spouse) and 12,550 shares held in trusts for his children (also co-trustee). The form is signed 09/15/2025. The filing explains the nature of the indirect ownership but does not provide transaction proceeds or further context for the transfer price shown as $0.
- Timely Section 16 disclosure filed and signed on 09/15/2025 documenting the transaction
- Substantial continuing ownership: 309,998 shares directly plus 24,630 shares indirectly via trusts, indicating alignment with shareholders
- None.
Insights
TL;DR: Routine insider disposition disclosed; small relative sale with substantial remaining direct and indirect holdings.
The 2,600-share disposition is explicitly recorded as code "G" on 09/12/2025 at a reported price of $0, which typically denotes a gift or transfer rather than a market sale but the form does not state proceeds. Post-transaction direct ownership stands at 309,998 shares with an additional 24,630 shares held indirectly across family trusts. For investors, this disclosure confirms continued significant ownership by an officer and director, while the specific motivation or economic effect of the transfer is not provided in the filing.
TL;DR: Disclosure complies with Section 16 reporting; transfer appears non-commercial and governance impact is minimal.
The Form 4 is properly executed and signed on 09/15/2025, identifying the reporting person, role, and trust arrangements. The characterization of the transaction as code "G" and a $0 price suggests an in-family transfer or gift to trusts where the reporting person is co-trustee. This is a routine governance disclosure; there is no indication of a change in control, departure, or other governance event from the information provided.