RingCentral (RNG) CFO gains 29,210 PSUs after above-target 2025 performance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc.’s Chief Financial Officer Vaibhav Agarwal reported an equity award tied to 2025 performance. On February 10, 2026, he acquired 29,210 shares of Class A common stock at $0 per share through performance-based restricted stock units (PSUs), following above-target achievement of certain goals.
The award reflects the first tranche of PSUs originally granted on May 20, 2025, and all reported shares are scheduled to vest on March 1, 2026. After this transaction, Agarwal beneficially owned 194,803 RingCentral Class A shares directly. Remaining PSUs from this grant may vest based on 2026 performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Agarwal Vaibhav
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 29,210 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 194,803 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RingCentral (RNG) report for its CFO?
RingCentral’s CFO, Vaibhav Agarwal, reported acquiring 29,210 Class A common shares at $0 per share through performance-based restricted stock units. These units reflected above-target performance for 2025 and represent the first tranche of an equity award granted on May 20, 2025.
Are there additional performance-based units remaining for RingCentral (RNG) CFO?
Yes. The filing notes that remaining performance-based restricted stock units from the May 20, 2025 grant will be eligible to vest based on 2026 performance. Only the first tranche, tied to above-target 2025 performance, resulted in the 29,210 shares reported in this Form 4.
What transaction code was used in the RingCentral (RNG) Form 4 filing?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. In this case, RingCentral’s CFO acquired 29,210 shares of Class A common stock at $0 per share via performance-based restricted stock units linked to certified 2025 performance results.