STOCK TITAN

RingCentral (RNG) president gets 4,520 RSU bonus; 2,300 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RingCentral, Inc. President and COO Kira Makagon received 4,520 fully vested restricted stock units as an equity bonus for the first quarter of 2026, granted under the company’s Key Employee Equity Bonus Plan in lieu of a cash bonus.

To cover tax withholding on the RSU vesting, 2,300 Class A shares were remitted back to the company at $41.05 per share, a non-market disposition. After these routine compensation-related transactions, Makagon directly holds 241,235 shares of Class A Common Stock.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU bonus grant with tax withholding; no open-market trading signal.

RingCentral’s President and COO Kira Makagon received 4,520 fully vested RSUs as an equity bonus for Q1 2026, explicitly in lieu of a cash bonus. This shifts part of her compensation into equity but reflects standard executive pay practices.

On the same date, 2,300 shares were remitted to the issuer at $41.05 per share to satisfy tax withholding obligations tied to the vesting. This exempt disposition under Rule 16b-3(e) is not an open-market sale and does not indicate a change in her investment view. Following these events she holds 241,235 shares directly, so the net effect is incremental ownership, consistent with ongoing equity-based compensation.

Insider Makagon Kira
Role President and COO
Type Security Shares Price Value
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 — 241,235 shares (Direct, null)
Footnotes (1)
  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. 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.
RSU bonus grant 4,520 shares Fully vested RSUs for Q1 2026 in lieu of cash bonus
Tax-withholding shares 2,300 shares Remitted to issuer to satisfy RSU tax obligations
Tax-withholding valuation price $41.05 per share Value used for exempt disposition to issuer
Shares held after transactions 241,235 shares Direct ownership of Class A Common Stock post-Form 4
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"
in lieu of a cash bonus financial
"granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the first quarter of 2026."
tax withholding obligations financial
"remitted shares to the issuer 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"
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).
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*
Makagon Kira

(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)
President and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
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 Stock05/15/2026A4,520(1)A$0241,235D
Class A Common Stock05/15/2026F(2)2,300D$41.05238,935D
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 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. 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.
/s/ Ashley Ta, Attorney-in-fact05/19/2026
** 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 did RingCentral (RNG) executive Kira Makagon receive in this Form 4 filing?

Kira Makagon received 4,520 fully vested restricted stock units as an equity bonus for the first quarter of 2026, granted under RingCentral’s Key Employee Equity Bonus Plan instead of a cash bonus, increasing her stock-based compensation and aligning pay more closely with shareholder value.

Why were 2,300 RingCentral (RNG) shares disposed of in this Form 4?

The 2,300 shares were remitted to RingCentral in an exempt disposition to satisfy tax withholding obligations from the RSU vesting. This Rule 16b-3(e) tax-withholding transaction is not an open-market sale and does not reflect discretionary selling activity by the executive.

How many RingCentral (RNG) shares does Kira Makagon hold after these transactions?

After the RSU grant and tax-withholding disposition, Kira Makagon directly holds 241,235 shares of RingCentral Class A Common Stock. This figure reflects her updated ownership position following the equity bonus award and the shares remitted for associated tax obligations.

Was the RingCentral (RNG) Form 4 for an open-market stock sale or purchase?

No open-market trades occurred. The filing shows an RSU bonus grant of 4,520 shares and a related tax-withholding disposition of 2,300 shares back to the issuer, both classified as compensation and administrative events rather than discretionary market buying or selling.

What plan governed the RSU award reported for RingCentral (RNG)?

The RSUs were granted under RingCentral’s Key Employee Equity Bonus Plan. The footnote explains the award was fully vested on the grant date and issued instead of a cash bonus for the first quarter of 2026, formalizing it as part of the company’s structured incentive program.

What was the price used for the RingCentral (RNG) tax-withholding share remittance?

The 2,300 shares remitted for tax withholding were valued at $41.05 per share. This per-share price is used solely for calculating the tax obligation in the exempt disposition and does not represent an executed open-market trade in RingCentral stock.