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RingCentral (NYSE: RNG) COO logs 50,710-share Rule 10b5-1 sale

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

Rhea-AI Filing Summary

RingCentral, Inc. President and COO Kira Makagon reported open-market sales of 50,710 shares of Class A Common Stock on March 26–27, 2026. The sales were executed under a Rule 10b5-1 trading plan adopted on March 14, 2025.

Sale prices were reported as weighted averages, with transactions occurring within price ranges from about $35.00 to $36.68 per share. Following these transactions, Makagon directly holds 242,585 RingCentral Class A shares, indicating she retains a substantial equity stake after the planned sales.

Positive

  • None.

Negative

  • None.
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).
X
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)
03/26/2026
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 Stock03/26/2026S(1)3,800D$35.652(2)289,495D
Class A Common Stock03/26/2026S(1)2,070D$36.282(3)287,425D
Class A Common Stock03/27/2026S(1)39,058D$35.676(4)248,367D
Class A Common Stock03/27/2026S(1)5,782D$36.541(5)242,585D
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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.17 to $36.16, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.175 to $36.38, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.98, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.01 to $36.68, inclusive.
/s/ Ashley Ta, Attorney-in-fact03/27/2026
** 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 insider transactions did RingCentral (RNG) report for Kira Makagon?

RingCentral reported that President and COO Kira Makagon sold 50,710 shares of Class A Common Stock in four open-market transactions on March 26–27, 2026. These trades were disclosed on a Form 4 insider filing and reflect routine equity activity by a senior executive.

How many RingCentral (RNG) shares did Kira Makagon sell and at what prices?

Kira Makagon sold 50,710 RingCentral Class A shares across four trades. The filing lists weighted average prices for each trade, with underlying transaction prices ranging roughly between $35.00 and $36.68 per share, reflecting sales executed within a relatively narrow trading band.

Does Kira Makagon still own RingCentral (RNG) shares after these sales?

Yes. After the reported March 26–27, 2026 transactions, Kira Makagon directly holds 242,585 RingCentral Class A Common shares. This remaining position shows that, despite the recent planned sales, she continues to maintain a significant direct equity stake in the company.

Were Kira Makagon’s RingCentral (RNG) stock sales under a Rule 10b5-1 plan?

Yes. A footnote explains the sale was effected under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans pre-schedule trades, making the timing more mechanical and reducing the likelihood that sales reflect short-term views on the stock.

What is the significance of weighted average prices in this RingCentral (RNG) Form 4?

The Form 4 reports weighted average sale prices because each transaction consisted of multiple trades within a price range. The filing notes that detailed per-trade pricing information is available on request, which is standard practice when aggregating many small executions into one reported line.
RingCentral

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3.15B
73.52M
Software - Application
Services-computer Processing & Data Preparation
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United States
BELMONT