Were the RingCentral (RNG) CFO’s share sales pre-planned?

Yes. The sale of 2,220 RingCentral shares was executed pursuant to a Rule 10b5-1 trading plan. The filing states this plan was adopted by Vaibhav Agarwal on September 15, 2025, indicating the sale was pre-arranged.

RingCentral (RNG) CFO gets RSU bonus, remits tax shares and sells 2,220

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

RingCentral, Inc. Chief Financial Officer Vaibhav Agarwal reported a mix of equity compensation and routine share dispositions. He received 4,520 fully vested restricted stock units as a stock bonus for the first quarter of 2026 under the company’s Key Employee Equity Bonus Plan, in lieu of a cash bonus.

In connection with RSU vesting, 2,300 shares were remitted to RingCentral to satisfy tax withholding obligations. Agarwal then sold 2,220 shares of Class A common stock in an open-market transaction at an average price of $40.621 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on September 15, 2025.

Following these transactions, Agarwal directly holds 140,416 shares of Class A common stock, which include 923 shares acquired through the company’s Employee Stock Purchase Plan on May 12, 2026.

Insider Trade Summary 10b5-1

Net Seller: 2,220 shares ($90,179)

Net Sell 3 txns

Insider Agarwal Vaibhav

Role Chief Financial Officer

Sold 2,220 shs ($90K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	2,220	$40.621	$90K
Grant/Award	Class A Common Stock	4,520	$0.00	--
Tax Withholding	Class A Common Stock	2,300	$41.05	$94K

Holdings After Transaction: Class A Common Stock — 140,416 shares (Direct, null)

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 first quarter of 2026. Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 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.

Key Figures

Open-market sale: 2,220 shares at $40.621 RSU bonus grant: 4,520 RSUs Tax withholding shares: 2,300 shares +2 more

5 metrics

Open-market sale 2,220 shares at $40.621 Class A common stock sale on May 18, 2026

RSU bonus grant 4,520 RSUs Fully vested, in lieu of Q1 2026 cash bonus

Tax withholding shares 2,300 shares Remitted to issuer to satisfy tax obligations on RSU vesting

Post-transaction holdings 140,416 shares Direct Class A common stock holdings after reported transactions

ESPP acquisition 923 shares Acquired under Employee Stock Purchase Plan on May 12, 2026

Key Terms

restricted stock units ("RSUs"), Key Employee Equity Bonus Plan, Employee Stock Purchase Plan, tax withholding obligations, +2 more

6 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") that were fully vested as of the grant date."

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.

Key Employee Equity Bonus Plan financial

"These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus"

Employee Stock Purchase Plan financial

"Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2026."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

tax withholding obligations financial

"in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs."

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.

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Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 04:35 PM

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).

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/15/2026		A		4,520⁽¹⁾	A	$0	144,936⁽²⁾	D
Class A Common Stock	05/15/2026		F⁽³⁾		2,300	D	$41.05	142,636	D
Class A Common Stock	05/18/2026		S⁽⁴⁾		2,220	D	$40.621	140,416	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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 first quarter of 2026.

2. Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2026.

3. 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.

4. 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-fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did RingCentral (RNG) CFO Vaibhav Agarwal report in this Form 4?

RingCentral CFO Vaibhav Agarwal reported a stock bonus, related tax-share remittance, and a small open-market sale. The filing shows equity compensation activity plus a pre-planned sale under a Rule 10b5-1 trading plan.

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

Vaibhav Agarwal sold 2,220 shares of RingCentral Class A common stock at an average price of $40.621 per share. The transaction was an open-market sale executed under a previously adopted Rule 10b5-1 trading plan.

What equity compensation did the RingCentral (RNG) CFO receive in this period?

Agarwal received 4,520 fully vested restricted stock units as a bonus for the first quarter of 2026. These RSUs were granted under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus payment.

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

After the reported transactions, Vaibhav Agarwal directly holds 140,416 shares of RingCentral Class A common stock. This total includes 923 shares acquired through the company’s Employee Stock Purchase Plan on May 12, 2026.

Why were some RingCentral (RNG) shares remitted by the CFO to the company?

Agarwal remitted 2,300 shares to RingCentral to satisfy tax withholding obligations arising from RSU vesting. This exempt disposition to the issuer occurred under Rule 16b-3(e) and represents tax payment rather than a market sale.