RingCentral (RNG) Chief Accounting Officer sells 4,171 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. Chief Accounting Officer Tarun Arora sold 4,171 shares of Class A Common Stock in an open-market transaction at a weighted average price of $38.851 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, and Arora now directly holds 85,332 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,171 shares ($162,048)
Net Sell
1 txn
Insider
Arora Tarun
Role
Chief Accounting Officer
Sold
4,171 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,171 | $38.851 | $162K |
Holdings After Transaction:
Class A Common Stock — 85,332 shares (Direct, null)
Footnotes (1)
- These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.20 to $39.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
Key Figures
Shares sold: 4,171 shares
Weighted average sale price: $38.851 per share
Post-transaction holdings: 85,332 shares
+2 more
5 metrics
Shares sold
4,171 shares
Open-market sale of Class A Common Stock on June 10, 2026
Weighted average sale price
$38.851 per share
Average price across multiple sale transactions
Post-transaction holdings
85,332 shares
Direct ownership after reported sale
Price range of sales
$38.20–$39.17 per share
Range of prices for individual trades included in average
Net shares sold
4,171 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code S regulatory
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did RingCentral (RNG) report for Tarun Arora?
RingCentral reported that Chief Accounting Officer Tarun Arora sold 4,171 shares of Class A Common Stock. The shares were sold in an open-market transaction at a weighted average price of $38.851 per share, as disclosed in the Form 4 filing.
Was Tarun Arora’s RingCentral (RNG) stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were executed under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such pre-arranged plans automate trading according to preset instructions rather than discretionary, real-time decisions by the insider.
What does the weighted average price mean in the RingCentral (RNG) Form 4?
The weighted average price of $38.851 represents the average sale price across multiple trades. Shares were sold between $38.20 and $39.17. The insider has committed to provide detailed trade-by-trade pricing information to interested parties upon request.
What type of security did Tarun Arora sell in RingCentral (RNG)?
Tarun Arora sold RingCentral’s Class A Common Stock, categorized as a non-derivative security. The transaction involved 4,171 shares and is reported as an open-market or private sale under transaction code S in the Form 4 filing.