RingCentral CAO remits 6,893 shares for taxes
RingCentral’s general counsel reported an exempt tax-withholding share disposition tied to RSU vesting, leaving substantial direct and trust holdings.
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) disclosed that senior vice president, chief administrative officer and general counsel John H. Marlow remitted 6,893 shares of Class A common stock to the company on September 1, 2026 at $70.77 per share to satisfy tax withholding obligations arising from vesting RSUs, in an exempt disposition to the issuer under Rule 16b-3(e). Following this transaction, he held 312,703 shares directly, plus indirect holdings of 12,080 shares in The M&M Family 2020 Irrevocable Trust and 12,550 shares in trusts for his children, where he and his spouse serve as co‑trustees; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 6,893 shares
Tax Withholding
3 txns
Insider
Marlow John H
Role
SVP, CAdO & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 6,893 | $70.77 | $488K |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 312,703 shares (Direct);
Class A Common Stock — 12,080 shares (Indirect, By Trust);
Class A Common Stock — 12,550 shares (Indirect, By Trusts)
Footnotes (3)
- F1. 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.
- F2. Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
- F3. Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.
Key Figures
Shares remitted for tax withholding: 6,893 shares
Disposition price per share: $70.77 per share
Direct holdings after transaction: 312,703 shares
+3 more
6 metrics
Shares remitted for tax withholding
6,893 shares
Class A common stock remitted on September 1, 2026 to satisfy RSU tax withholding
Disposition price per share
$70.77 per share
Value used for the 6,893-share exempt disposition on September 1, 2026
Direct holdings after transaction
312,703 shares
John H. Marlow’s direct RingCentral Class A common stock position following the disposition
Indirect holdings – M&M Family 2020 Irrevocable Trust
12,080 shares
Shares held in The M&M Family 2020 Irrevocable Trust, where Marlow and his spouse are co‑trustees
Indirect holdings – children’s trusts
12,550 shares
Shares held in trusts for Marlow’s children, with Marlow and his spouse as co‑trustees
Exercise price or tax liability transactions
1 transaction, 6,893 shares
Summary count of code F tax-liability-related disposition events in this Form 4
Key Terms
Rule 16b-3(e), RSUs, Irrevocable Trust, tax withholding obligations, +1 more
5 terms
Rule 16b-3(e) regulatory
"In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting"
RSUs financial
"tax withholding obligations arising out of the vesting of RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Irrevocable Trust financial
"Shares held in The M&M Family 2020 Irrevocable Trust."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising"
co-trustees financial
"The Reporting Person and his spouse are co-trustees of this trust."
FAQ
What insider transaction did RingCentral (RNG) report for John H. Marlow?
RingCentral reported that John H. Marlow remitted 6,893 shares of Class A common stock to the issuer on September 1, 2026 to satisfy tax withholding obligations from vesting RSUs, in an exempt disposition under Rule 16b-3(e).
What indirect RingCentral (RNG) holdings are reported for John H. Marlow in trusts?
Indirectly, John H. Marlow is reported as co‑trustee with his spouse for 12,080 shares in The M&M Family 2020 Irrevocable Trust and 12,550 shares held in trusts for his children, all in RingCentral Class A common stock.
Was John H. Marlow’s RingCentral (RNG) transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan, and the footnotes describe the transaction as an exempt disposition to the issuer for tax withholding, without stating that a Rule 10b5-1 plan applied.
What is the nature of the Form 4 disposition for RingCentral (RNG) on September 1, 2026?
The Form 4 describes the September 1, 2026 event as an exempt disposition to the issuer under Rule 16b-3(e), where RSU vesting triggered tax withholding satisfied by remitting 6,893 shares to RingCentral.
AI-generated analysis. How Rhea-AI works. Not financial advice.
