RingCentral (RNG) COO awarded 77,893 performance-based PSUs for 2025
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. President and COO Kira Makagon acquired 77,893 shares of Class A common stock on February 10, 2026 through performance-based restricted stock units (PSUs) awarded at a price of $0 per share. These shares reflect above-target achievement of 2025 performance goals from a PSU grant originally awarded on May 20, 2025.
All 77,893 shares are scheduled to vest on March 1, 2026, and they relate to the 2025 performance portion of the PSU award. After this transaction, Makagon beneficially owns 414,055 Class A shares directly. The remaining PSUs from the same grant may vest based on 2026 and 2027 performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Makagon Kira
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 77,893 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 414,055 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RingCentral (RNG) report for Kira Makagon?
RingCentral reported that President and COO Kira Makagon acquired 77,893 Class A shares via performance-based restricted stock units. The award was granted at $0 per share and reflects above-target achievement of 2025 performance goals certified on February 10, 2026.
When do Kira Makagon’s newly acquired RingCentral (RNG) PSUs vest?
All 77,893 performance-based restricted stock units for Kira Makagon are scheduled to vest on March 1, 2026. These units correspond specifically to the 2025 performance portion of a larger PSU grant awarded on May 20, 2025 by RingCentral.
What performance period do Kira Makagon’s 77,893 RingCentral (RNG) PSUs cover?
The 77,893 PSUs relate to above-target achievement of 2025 performance goals under a grant made on May 20, 2025. They represent the first tranche of this performance award, with remaining PSUs tied to 2026 and 2027 performance outcomes at RingCentral.
Are additional RingCentral (RNG) PSUs for Kira Makagon still eligible to vest?
Yes. The filing states that remaining PSUs from Kira Makagon’s May 20, 2025 award will be eligible to vest based on 2026 and 2027 performance. Only the 2025 performance-based tranche of 77,893 shares was certified and reported in this Form 4.
What was the transaction code used in Kira Makagon’s RingCentral (RNG) Form 4?
The transaction used code “A,” indicating a grant, award, or other acquisition of securities. Kira Makagon’s 77,893 Class A shares came from performance-based restricted stock units rather than open-market purchases, and the award carried a price of $0 per share.