RingCentral CAO sells 773 shares at $34.80
RingCentral, Inc. Chief Accounting Officer Tarun Arora reported an open-market sale of Class A common stock.
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
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)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
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.
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