RingCentral (RNG) Chief Accounting Officer sells 773 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported an open-market sale of Class A common stock. On February 26, 2026, he sold 773 shares at a price of $34.80 per share. After this transaction, he directly owned 96,179 shares of RingCentral Class A common stock.
According to a footnote, this sale was carried out under a pre-established Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025, which is designed to systematically execute trades over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 773 shares ($26,900)
Net Sell
1 txn
Insider
Arora Tarun
Role
Chief Accounting Officer
Sold
773 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 773 | $34.80 | $27K |
Holdings After Transaction:
Class A Common Stock — 96,179 shares (Direct)
Footnotes (1)
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FAQ
What did RingCentral (RNG) insider Tarun Arora report in this Form 4?
Tarun Arora, RingCentral’s Chief Accounting Officer, reported an open-market sale of 773 shares of Class A common stock at $34.80 per share. Following the transaction, he directly held 96,179 shares, as disclosed in the filing.
Was the RingCentral (RNG) insider sale under a Rule 10b5-1 trading plan?
Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans allow pre-arranged trades to occur automatically, reducing discretion at the time of each sale.
What role does the reporting person in this RingCentral (RNG) Form 4 hold?
The reporting person, Tarun Arora, serves as RingCentral’s Chief Accounting Officer. The Form 4 indicates he is an officer of the company and that the reported transaction involved his directly owned Class A common stock.