STOCK TITAN

RingCentral (RNG) COO awarded 77,893 performance-based PSUs for 2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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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SEC Form 4
FORM 4 UNITED 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*
Makagon Kira

(Last) (First) (Middle)
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE

(Street)
BELMONT CA 94002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RingCentral, Inc. [ RNG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and COO
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/10/2026 A 77,893(1) A $0 414,055 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents performance-based restricted stock units ("PSUs"). The number of shares reported is the above-target achievement of certain performance goals, as certified by the Issuer's Compensation Committee on February 10, 2026, with respect to the first tranche of the performance awards granted to the Reporting Person on May 20, 2025. All shares reported will vest on March 1, 2026 and relate to the portion of this PSU grant that was based on 2025 performance. The remaining PSUs subject to this award will be eligible to vest based on 2026 and 2027 performance.
/s/ Ashley Ta, Attorney-in-fact 02/12/2026
** Signature of Reporting Person Date
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.

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.

How many RingCentral (RNG) shares does Kira Makagon own after this Form 4?

Following the reported PSU-related acquisition, Kira Makagon beneficially owns 414,055 shares of RingCentral Class A common stock. This figure reflects direct ownership after the 77,893-share performance-based award credited on February 10, 2026 at a price of $0 per share.

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.