RingCentral insider remits 2,681 shares to cover RSU taxes
RingCentral, Inc. reported an insider equity transaction by its Chief Accounting Officer on 12/01/2025.
Rhea-AI Filing Summary
RingCentral, Inc. reported an insider equity transaction by its Chief Accounting Officer on 12/01/2025. The officer disposed of 2,681 shares of Class A common stock at a price of $28.83 per share in a transaction coded "F," which indicates shares were remitted to the company to cover tax withholding obligations. This arose from the vesting of Restricted Stock Units, so the shares were surrendered back to the issuer rather than sold on the open market.
After this tax-related share remittance, the reporting officer beneficially owned 90,731 shares of RingCentral Class A common stock, held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 2,681 | $28.83 | $77K |
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.
FAQ
What insider transaction did RingCentral (RNG) report in this Form 4?
The Form 4 reports that RingCentral's Chief Accounting Officer disposed of 2,681 shares of Class A common stock on 12/01/2025 in a transaction coded "F."
What is the reporting person’s role at RingCentral (RNG)?
The reporting person is an officer of RingCentral, serving as the company’s Chief Accounting Officer.
Was this RingCentral (RNG) insider transaction part of a Rule 10b5-1 trading plan?
The form includes a checkbox for transactions under a Rule 10b5-1(c) trading plan, but the provided content does not indicate that this particular transaction was designated as such.
AI-generated analysis. How Rhea-AI works. Not financial advice.