RingCentral COO sells 36,185 shares at $70.11
RingCentral’s president and COO executed a Rule 10b5-1 planned sale of 36,185 shares and continues to hold 245,385 shares directly.
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported that President and COO Kira Makagon sold 36,185 shares of Class A Common Stock on September 14, 2026 at $70.11 per share in an open-market or private transaction. After this sale, Makagon directly holds 245,385 shares, and the sale was made under a Rule 10b5-1 trading plan adopted on June 12, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 36,185 shares
Net Sell
1 txn
Insider
Makagon Kira
Role
President and COO
Sold
36,185 shs ($2.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 36,185 | $70.11 | $2.54M |
Holdings After Transaction:
Class A Common Stock — 245,385 shares (Direct)
Footnotes (1)
- F1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.
Key Figures
Shares sold: 36,185 shares
Sale price per share: $70.11 per share
Shares held after transaction: 245,385 shares
+1 more
4 metrics
Shares sold
36,185 shares
Class A Common Stock sold on September 14, 2026
Sale price per share
$70.11 per share
Price for the September 14, 2026 sale of 36,185 shares
Shares held after transaction
245,385 shares
Direct holdings of Kira Makagon after the reported sale
Net shares sold
36,185 shares
Net share change from this Form 4 transaction
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open-market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"Kira Makagon sold shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RingCentral (RNG) report for Kira Makagon?
RingCentral reported that President and COO Kira Makagon sold 36,185 shares of Class A Common Stock on September 14, 2026 in an open-market or private transaction at a reported price of $70.11 per share.
Was the RingCentral (RNG) insider sale by Kira Makagon under a Rule 10b5-1 plan?
Yes. The filing states that these sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Kira Makagon on June 12, 2026.
What is Kira Makagon’s role at RingCentral (RNG) mentioned in the Form 4?
Kira Makagon is identified as President and Chief Operating Officer of RingCentral, Inc. in the Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.