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RingCentral (RNG) CEO granted RSUs and remits shares for tax withholding

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

Rhea-AI Filing Summary

RingCentral, Inc. CEO and Chairman Vladimir Shmunis reported routine equity compensation and related tax withholding transactions in Class A common stock. On May 29, 2026, he received 154,350 RSUs that will vest in equal quarterly installments over two years starting June 1, 2026. He also received 4,520 fully vested RSUs granted in lieu of a cash bonus for the first quarter of 2026. On June 1, 2026, 28,232 shares were remitted to the issuer at $49.10 per share to satisfy tax withholding obligations from RSU vesting, an exempt disposition under Rule 16b-3(e) rather than an open-market sale. After these transactions, Shmunis directly held 285,555 shares of Class A common stock.

Positive

  • None.

Negative

  • None.
Insider Shmunis Vladimir
Role CEO and Chairman
Type Security Shares Price Value
Grant/Award Class A Common Stock 4,520 $0.00 --
Tax Withholding Class A Common Stock 28,232 $49.10 $1.39M
Grant/Award Class A Common Stock 154,350 $0.00 --
Holdings After Transaction: Class A Common Stock — 285,555 shares (Direct, null)
Footnotes (1)
  1. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026. Represents 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.
Tax withholding shares 28,232 shares at $49.10 Shares remitted on June 1, 2026 for RSU tax withholding
Time-vest RSU grant 154,350 RSUs Grant on May 29, 2026, vesting quarterly over two years from June 1, 2026
Bonus RSU grant 4,520 RSUs Fully vested on grant date, in lieu of Q1 2026 cash bonus
Post-transaction holdings 285,555 shares Direct Class A common stock owned after reported transactions
Tax disposition price $49.10 per share Value used for 28,232-share tax withholding remittance on June 1, 2026
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments"
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"
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e)"
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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*
Shmunis Vladimir

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO and Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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 Stock05/29/2026A154,350(1)A$0281,035D
Class A Common Stock06/01/2026A4,520(2)A$0285,555D
Class A Common Stock06/01/2026F(3)28,232D$49.1257,323D
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 will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
2. Represents 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.
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.
/s/ John Marlow, Attorney-in-Fact06/02/2026
** 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 insider transactions did RingCentral (RNG) CEO Vladimir Shmunis report?

Vladimir Shmunis reported RSU grants and a related tax withholding share remittance. He received 154,350 RSUs vesting over two years, 4,520 fully vested RSUs in lieu of a cash bonus, and remitted 28,232 shares to cover tax obligations from RSU vesting.

Were Vladimir Shmunis’s recent RingCentral (RNG) share dispositions open-market sales?

No, the 28,232-share disposition was for tax withholding on RSU vesting. Shares were remitted to RingCentral in an exempt transaction under Rule 16b-3(e), meaning it was a tax-related transfer to the issuer, not an open-market sale.

How many RSUs did the RingCentral (RNG) CEO receive in the latest Form 4?

He received two RSU awards totaling 158,870 units. One grant was 154,350 RSUs vesting quarterly over two years starting June 1, 2026, and another grant was 4,520 fully vested RSUs awarded instead of a cash bonus for first-quarter 2026.

What is Vladimir Shmunis’s RingCentral (RNG) shareholding after these transactions?

After the reported RSU grants and tax-withholding disposition, Vladimir Shmunis directly held 285,555 shares of RingCentral Class A common stock. This figure reflects his updated direct ownership following all transactions reported in this Form 4 filing.

Why did RingCentral (RNG) remit 28,232 shares from the CEO under Rule 16b-3(e)?

The 28,232 shares were remitted to satisfy tax withholding obligations from RSU vesting. Using shares instead of cash for taxes is common in equity compensation plans and is treated as an exempt disposition to the issuer under Rule 16b-3(e).