RingCentral CFO logs stock bonus and small share sale
RingCentral, Inc. Chief Financial Officer Vaibhav Agarwal reported a mix of equity compensation and routine share dispositions.
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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
| 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 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,300 | $41.05 | $94K |
Footnotes (4)
- F1. 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.
- F2. Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2026.
- F3. 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.
- F4. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Key Employee Equity Bonus Plan financial
Employee Stock Purchase Plan financial
tax withholding obligations financial
Rule 16b-3(e) regulatory
Rule 10b5-1 trading plan regulatory
FAQ
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What did RingCentral (RNG) CFO Vaibhav Agarwal report in this Form 4?
What equity compensation did the RingCentral (RNG) CFO receive in this period?
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