RingCentral CEO sells 26,721 shares under plan
RingCentral’s CEO executed pre-planned share sales and RSU-related tax withholding transactions while receiving a fully vested RSU bonus award.
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported that CEO and Chairman Vladimir Shmunis carried out several equity transactions in Class A Common Stock in early September 2026. On September 3 and 2, he sold a total of 26,721 shares in open-market transactions at weighted-average prices within ranges from $69.66 to $77.685 per share, all effected under a Rule 10b5-1 trading plan adopted on March 13, 2026. On September 1, he received 3,437 fully vested RSUs granted under the Key Employee Equity Bonus Plan in lieu of a cash bonus for the second quarter of 2026 and remitted 27,681 shares to RingCentral to satisfy tax withholding obligations arising from RSU vesting.
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Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F3, F8 | 245 | $75.359 | $18K |
| Sale | Class A Common Stock F3, F9 | 7,774 | $76.452 | $594K |
| Sale | Class A Common Stock F3, F10 | 3,146 | $77.001 | $242K |
| Sale | Class A Common Stock F3, F4 | 1,270 | $70.322 | $89K |
| Sale | Class A Common Stock F3, F5 | 5,709 | $71.21 | $407K |
| Sale | Class A Common Stock F3, F6 | 8,064 | $72.353 | $583K |
| Sale | Class A Common Stock F3, F7 | 513 | $72.758 | $37K |
| Grant/Award | Class A Common Stock F1 | 3,437 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 27,681 | $70.77 | $1.96M |
Footnotes (10)
- 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 second quarter of 2026.
- F2. 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.
- F3. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.66 to $70.655, 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 ranges set forth in footnotes (4) through (10) to this Form 4.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.71 to $71.705, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.71 to $72.70, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.71 to $72.805, inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.805 to $75.625, inclusive.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.805 to $76.793, inclusive.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.805 to $77.685, inclusive.
Key Figures
Key Terms
Restricted Stock Units financial
Rule 10b5-1 trading plan regulatory
Rule 16b-3(e) regulatory
tax withholding obligations financial
weighted average price financial
FAQ
What did RingCentral (RNG) disclose about CEO Vladimir Shmunis’s recent stock trades?
What RSU award did RingCentral’s CEO receive according to this Form 4?
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