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RingCentral (RNG) President & COO receives 102,900 RSUs and remits shares for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RingCentral, Inc. President and COO Kira Makagon reported routine equity compensation activity. She received a grant of 102,900 shares of Class A Common Stock in the form of restricted stock units that will vest in equal quarterly installments over two years beginning on June 1, 2026. In a separate transaction, 13,260 shares were remitted back to RingCentral at $49.10 per share to cover tax withholding obligations arising from RSU vesting, an exempt disposition under Rule 16b-3(e) rather than an open-market sale. After these transactions, she directly holds 302,364 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU grant and tax withholding with substantial holdings retained.

RingCentral’s President and COO received 102,900 restricted stock units, a sizable equity award that vests quarterly over two years starting on June 1, 2026. This structure promotes medium-term retention and alignment with shareholder outcomes.

The disposition of 13,260 shares at $49.10 per share was to satisfy tax withholding on RSU vesting under Rule 16b-3(e), not an open-market sale. Following these events, direct ownership stands at 302,364 shares, indicating the executive maintains a significant equity stake.

Insider Makagon Kira
Role President and COO
Type Security Shares Price Value
Tax Withholding Class A Common Stock 13,260 $49.10 $651K
Grant/Award Class A Common Stock 102,900 $0.00 --
Holdings After Transaction: Class A Common Stock — 302,364 shares (Direct, null)
Footnotes (1)
  1. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026. 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.
RSUs granted 102,900 shares Restricted Stock Units vesting quarterly over two years from June 1, 2026
Tax-withholding shares 13,260 shares Remitted to issuer to satisfy tax obligations on RSU vesting
Tax-withholding price $49.10 per share Value used for 13,260-share remittance to RingCentral
Shares held after transactions 302,364 shares Direct ownership of RingCentral Class A Common Stock post-Form 4
Award start vest date June 1, 2026 Commencement of two-year quarterly RSU vesting schedule
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs"
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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)
05/29/2026
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 Stock05/29/2026A102,900(1)A$0315,624D
Class A Common Stock06/01/2026F(2)13,260D$49.1302,364D
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. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
2. 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.
/s/ Ashley Ta, Attorney-in-fact06/02/2026
** 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)

FAQ

What did RingCentral (RNG) executive Kira Makagon report in this Form 4?

Kira Makagon reported a grant of 102,900 restricted stock units and a related tax-withholding share disposition of 13,260 shares. These transactions are part of routine equity compensation, leaving her with 302,364 directly held shares of RingCentral Class A Common Stock afterward.

How many RingCentral (RNG) RSUs were granted to Kira Makagon and how do they vest?

Kira Makagon was granted 102,900 restricted stock units of RingCentral Class A Common Stock. According to the filing, these RSUs will vest in equal quarterly installments over a two-year period, commencing on June 1, 2026, subject to the usual continued-service and plan conditions.

Was Kira Makagon’s 13,260-share RingCentral (RNG) disposition an open-market sale?

No, the 13,260-share disposition was not an open-market sale. The shares were remitted to RingCentral in an exempt transaction under Rule 16b-3(e) to satisfy tax withholding obligations triggered by RSU vesting, a common administrative mechanism for equity compensation.

What price per share was used for Kira Makagon’s RingCentral (RNG) tax-withholding disposition?

The tax-withholding disposition used a price of $49.10 per RingCentral Class A share. At that price, 13,260 shares were delivered back to the company to cover tax obligations associated with vesting restricted stock units, as disclosed in the Form 4 filing footnotes.

How many RingCentral (RNG) shares does Kira Makagon own after these Form 4 transactions?

After the reported RSU grant and tax-withholding disposition, Kira Makagon directly owns 302,364 shares of RingCentral Class A Common Stock. This figure reflects her post-transaction holdings as disclosed in the non-derivative securities table of the Form 4 filing.

What is the significance of Rule 16b-3(e) in Kira Makagon’s RingCentral (RNG) Form 4?

Rule 16b-3(e) allows certain insider transactions with the issuer, such as tax-withholding share remittances, to be treated as exempt. In this case, it confirms Kira Makagon’s 13,260-share disposition was an administrative step with RingCentral, rather than a discretionary market sale of shares.