RingCentral CFO reports tax-share remittance and 10b5-1 stock sale
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) Chief Financial Officer insider activity shows two November transactions in Class A common stock. On 11/20/2025, the reporting person disposed of 15,456 shares at $26.12 in an exempt transaction, remitting shares to RingCentral to cover tax withholding from vesting restricted stock units, and held 180,564 shares afterward. On 11/21/2025, the CFO sold 14,971 shares at a weighted average price of $25.96 under a Rule 10b5-1 trading plan adopted on September 13, 2024, leaving 165,593 shares beneficially owned directly.
Positive
- None.
Negative
- None.
Insights
Routine CFO share sale and tax withholding, using a preset 10b5-1 plan.
The Chief Financial Officer of RingCentral, Inc. (RNG) reported two Class A common stock transactions. One was an exempt disposal of 15,456 shares to the company to satisfy tax withholding from restricted stock unit vesting, a common non-cash administrative event. The other was an open-market sale of 14,971 shares at a weighted average price of $25.96.
The filing notes that the sale was executed under a Rule 10b5-1 trading plan adopted on September 13, 2024, indicating pre-arranged trade instructions. After these moves, the CFO directly owns 165,593 shares, compared with 180,564 shares before the sale transaction. These changes reflect normal executive equity management rather than a disclosed shift in business outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 14,971 | $25.96 | $389K |
| Tax Withholding | Class A Common Stock | 15,456 | $26.12 | $404K |
Footnotes (1)
- 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 Restricted Stock Units. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.755 to $26.13, 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 (3) to this Form 4.