RingCentral SVP granted 45,019 RSUs, remits shares for tax
RingCentral, Inc. executive John H. Marlow, SVP, Chief Administrative Officer and General Counsel, reported routine equity compensation activity.
Rhea-AI Filing Summary
RingCentral, Inc. executive John H. Marlow, SVP, Chief Administrative Officer and General Counsel, reported routine equity compensation activity. He received a grant of 45,019 Restricted Stock Units (RSUs), which will vest in equal quarterly installments over a two-year period commencing on June 1, 2026.
In a separate exempt disposition to the issuer under Rule 16b-3(e), he remitted 6,893 shares of Class A Common Stock to cover tax withholding obligations from RSU vesting, rather than selling shares on the open market. Following these transactions, he holds 325,152 shares directly, plus indirect holdings of 12,550 shares in The M&M Family 2020 Irrevocable Trust and 12,080 shares in trusts for his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 6,893 | $49.10 | $338K |
| Grant/Award | Class A Common Stock | 45,019 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
- F2. In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares to the issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
- F3. Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
- F4. Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Rule 16b-3(e) regulatory
tax withholding obligations financial
Irrevocable Trust financial
exempt disposition regulatory
FAQ
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