[Form 4] RingCentral, Inc. Insider Trading Activity

Rhea-AI Filing Summary

RingCentral (RNG) Chief Accounting Officer Tarun Arora sold 2,598 shares of Class A common stock on 09/11/2025 at a weighted average price of $30.903 per share under a Rule 10b5-1 trading plan adopted March 14, 2025. After the reported sale Arora beneficially owned 101,315 shares. The filing states the sale occurred in multiple transactions at prices ranging from $30.57 to $31.23 and offers to provide a breakdown of shares sold at each price upon request. The Form 4 was signed by an attorney-in-fact on 09/12/2025.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating pre-established trading instructions and reduced appearance of opportunistic timing
• Transparent pricing disclosure: weighted average price provided and range ($30.57 to $31.23) with offer to provide per-transaction detail
• Remaining beneficial ownership disclosed: 101,315 shares retained after the sale

Negative

• Insider sold shares (2,598 shares), which reduces the officer's holding
• No information on aggregate value held beyond share count, limiting context about the sale's economic significance relative to total holdings

Insights

Financial Analyst

TL;DR: Insider sale was modest in size and executed under a pre-established 10b5-1 plan, signaling a routine liquidity event rather than new information.

The sale of 2,598 shares at a weighted average of $30.903 is small relative to many executive holdings and was executed pursuant to a 10b5-1 plan adopted March 14, 2025. The remaining beneficial ownership of 101,315 shares remains substantial for an officer-level holder. Because the filing discloses the price range ($30.57–$31.23) and offers to provide transaction-level detail, transparency is high. No other compensatory or derivative transactions are reported here.

Corporate Governance Expert

TL;DR: Disclosure follows standard governance practices; use of an attorney-in-fact signature and 10b5-1 plan noted.

The Form 4 clearly documents that the Chief Accounting Officer sold shares under a Rule 10b5-1 plan, which provides the affirmative defense for trades made under a pre-established program. The filing includes the weighted average price and an offered breakdown of individual trade prices, which supports compliance and investor transparency. Signature by an attorney-in-fact on 09/12/2025 is properly noted.

SEC Form 4

FORM 4

UNITED 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^*

Arora Tarun

(Last) (First) (Middle)

C/O RINGCENTRAL, INC.

20 DAVIS DRIVE

(Street)

BELMONT CA 94002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/11/2025		S(1)		2,598	D	$30.903(2)	101,315	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These sales were 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 $30.57 to $31.23, 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 range set forth in this footnote (2) to this Form 4.

	/s/ Ashley Ta, Attorney-in-fact	09/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did RingCentral (RNG) insider Tarun Arora report on Form 4?

Tarun Arora reported selling 2,598 shares of Class A common stock on 09/11/2025 and owning 101,315 shares after the sale.

At what price were the RNG shares sold?

The weighted average price was $30.903 per share; individual sale prices ranged from $30.57 to $31.23.

Were the RNG sales part of a 10b5-1 plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025.

Who signed the Form 4 for the RingCentral filing?

Signed by Ashley Ta, attorney-in-fact on 09/12/2025.

How many shares does the reporting person own after the transaction?

101,315 shares of Class A common stock are reported as beneficially owned following the transaction.