STOCK TITAN

RingCentral (NYSE: RNG) CFO gets RSU grant, sells shares under plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

RingCentral, Inc. Chief Financial Officer Vaibhav Agarwal reported several equity transactions in Class A common stock. He received a grant of 51,450 Restricted Stock Units, which will vest in equal quarterly installments over two years starting on June 1, 2026.

To cover tax-withholding obligations from RSU vesting, he remitted 7,302 shares to the company in an exempt disposition. He also completed an open-market sale of 7,047 shares at $46.169 per share under a pre-arranged Rule 10b5-1 trading plan, and now directly holds 169,282 shares.

Positive

  • None.

Negative

  • None.
Insider Agarwal Vaibhav
Role Chief Financial Officer
Sold 7,047 shs ($325K)
Type Security Shares Price Value
Sale Class A Common Stock 7,047 $46.169 $325K
Tax Withholding Class A Common Stock 7,302 $49.10 $359K
Grant/Award Class A Common Stock 51,450 $0.00 --
Holdings After Transaction: Class A Common Stock — 169,282 shares (Direct, null)
Footnotes (1)
  1. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026. 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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.
RSU grant 51,450 RSUs Restricted Stock Units granted to CFO; vest quarterly over two years from June 1, 2026
Open-market sale 7,047 shares at $46.169 Class A Common Stock sale under Rule 10b5-1 trading plan
Tax-withholding shares 7,302 shares Shares remitted to issuer for RSU-related tax withholding
Post-transaction holdings 169,282 shares CFO’s direct Class A Common Stock holdings after reported transactions
RSU vesting start June 1, 2026 Commencement date for quarterly vesting of 51,450 RSUs
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares"
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Agarwal Vaibhav

(Last)(First)(Middle)
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE

(Street)
BELMONT CALIFORNIA 94002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/29/2026A51,450(1)A$0183,631D
Class A Common Stock06/01/2026F(2)7,302D$49.1176,329D
Class A Common Stock06/02/2026S(3)7,047D$46.169169,282D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
2. 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.
3. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.
/s/ John Marlow, Attorney-in-fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did RingCentral (RNG) disclose for its CFO?

RingCentral’s CFO Vaibhav Agarwal reported an RSU grant, a tax-withholding share remittance, and an open-market share sale. The filing shows compensation-related equity, tax settlement in shares, and a pre-planned sale under a Rule 10b5-1 trading plan.

How many RSUs did RingCentral (RNG) grant to its CFO and how do they vest?

RingCentral granted CFO Vaibhav Agarwal 51,450 RSUs. These Restricted Stock Units will vest in equal quarterly installments over a two-year period, commencing on June 1, 2026, providing a multi-year equity incentive tied to continued service.

How many RingCentral (RNG) shares did the CFO sell and at what price?

The CFO sold 7,047 shares of RingCentral Class A common stock at $46.169 per share. According to the filing, this open-market sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in September 2025.

Why did RingCentral (RNG) CFO remit shares in a tax-withholding transaction?

The CFO remitted 7,302 shares to RingCentral in an exempt disposition to satisfy tax-withholding obligations from RSU vesting. This type of transaction settles tax liabilities using shares rather than cash and is not an open-market sale.

How many RingCentral (RNG) shares does the CFO hold after these transactions?

Following the reported transactions, the CFO directly holds 169,282 shares of RingCentral Class A common stock. This figure reflects the RSU-related activity, the tax-withholding remittance, and the open-market sale disclosed in the Form 4 filing.

Was the RingCentral (RNG) CFO share sale discretionary or pre-planned?

The CFO’s sale of 7,047 shares was carried out under a Rule 10b5-1 trading plan adopted on September 15, 2025. Such plans schedule trades in advance, making the timing of the sale pre-planned rather than discretionary.