RingCentral insider Form 4 shows RSU grant and tax share surrender
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported an insider equity transaction by its Chief Accounting Officer on a Form 4. On 11/17/2025, the officer received 1,915 Class A common shares through restricted stock units that were fully vested at grant, issued under the company’s Key Employee Equity Bonus Plan in lieu of a cash bonus for the third quarter of 2025.
On the same date, 973 Class A shares were surrendered to RingCentral in an exempt transaction to cover tax withholding arising from the RSU vesting, at a price of $26.78 per share. After these transactions, the officer beneficially owns 102,257 Class A common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,915 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 973 | $26.78 | $26K |
Footnotes (1)
- Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the third quarter of 2025. 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 RSUs.
FAQ
What insider transaction did RingCentral (RNG) report in this Form 4?
The filing reports that RingCentral’s Chief Accounting Officer received 1,915 Class A common shares via fully vested RSUs and surrendered 973 shares to the company to satisfy tax withholding obligations on 11/17/2025.
Why did the RingCentral officer receive 1,915 RSUs instead of cash?
The 1,915 restricted stock units were granted under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus earned for the company’s third quarter of 2025.
What is the role of the reporting person in RingCentral (RNG)?
The reporting person is an officer of RingCentral, serving as the company’s Chief Accounting Officer, as indicated in the Form 4.