RingCentral president sells 50,710 company shares
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.
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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.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 39,058 | $35.676 | $1.39M |
| Sale | Class A Common Stock | 5,782 | $36.541 | $211K |
| Sale | Class A Common Stock | 3,800 | $35.652 | $135K |
| Sale | Class A Common Stock | 2,070 | $36.282 | $75K |
Footnotes (5)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
FAQ
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What insider transactions did RingCentral (RNG) report for Kira Makagon?
Were Kira Makagon’s RingCentral (RNG) stock sales under a Rule 10b5-1 plan?
What is the significance of weighted average prices in this RingCentral (RNG) Form 4?
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