RingCentral CAO uses 3,747 shares for tax withholding
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported a routine tax-related share disposition. On May 20, 2026, he remitted 3,747 shares of Class A Common Stock to the company at $43.51 per share to satisfy tax withholding obligations from vesting Restricted Stock Units.
After this exempt disposition to the issuer under Rule 16b-3(e), Arora directly held 72,634 shares of RingCentral Class A Common Stock. The transaction was not an open-market purchase or sale but a payment of tax liability using shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,747 | $43.51 | $163K |
Footnotes (1)
- 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 Restricted Stock Units.
Key Figures
Key Terms
Restricted Stock Units financial
Rule 16b-3(e) regulatory
exempt disposition regulatory
tax withholding obligations financial
FAQ
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What insider transaction did RingCentral (RNG) report for Tarun Arora?
What is Rule 16b-3(e) mentioned in the RingCentral (RNG) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.