RingCentral (NYSE: RNG) CFO gets 3,437 RSUs, sells 1,688 shares
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported insider equity activity by its Chief Financial Officer, Vaibhav Agarwal. On August 17, 2026, he received 3,437 RSUs of Class A common stock at no cost, granted under the Key Employee Equity Bonus Plan in lieu of a cash bonus for the second quarter of 2026, and 1,749 shares were remitted to the issuer to satisfy tax withholding obligations arising from RSU vesting under Rule 16b-3(e). On August 18, 2026, he sold 1,688 shares of Class A common stock at $65.502 per share in a transaction effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2025.
Positive
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Negative
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Insights
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Insider Trade Summary 10b5-1
3 transactions reported
Mixed
3 txns
Insider
Agarwal Vaibhav
Role
Chief Financial Officer
Sold
1,688 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F3 | 1,688 | $65.502 | $111K |
| Grant/Award | Class A Common Stock F1 | 3,437 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 1,749 | $64.07 | $112K |
Holdings After Transaction:
Class A Common Stock — 169,282 shares (Direct)
Footnotes (3)
- F1. Represents restricted stock units ("RSUs") that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the second quarter of 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. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025.
Key Figures
Shares sold: 1,688 shares
Sale price: $65.502 per share
RSU grant: 3,437 shares
+3 more
6 metrics
Shares sold
1,688 shares
Class A Common Stock sold by CFO on August 18, 2026
Sale price
$65.502 per share
Price for 1,688-share sale of Class A Common Stock on August 18, 2026
RSU grant
3,437 shares
Fully vested RSUs granted August 17, 2026 in lieu of Q2 2026 cash bonus
Tax withholding shares
1,749 shares
Shares remitted to issuer for tax withholding on RSU vesting under Rule 16b-3(e)
Tax withholding price
$64.07 per share
Value used for 1,749-share exempt disposition to issuer for tax withholding
10b5-1 plan adoption date
September 15, 2025
Date CFO adopted Rule 10b5-1 trading plan for the reported sale
Key Terms
restricted stock units ("RSUs"), Rule 16b-3(e), Rule 10b5-1 trading plan, Key Employee Equity Bonus Plan
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that were fully vested as of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting"
Rule 10b5-1 trading plan regulatory
"This sale was 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.
Key Employee Equity Bonus Plan financial
"These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus"
FAQ
What insider transactions did RNG CFO Vaibhav Agarwal report on this Form 4?
The CFO reported a 3,437-share RSU grant, a 1,749-share remittance to RingCentral for tax withholding, and a 1,688-share sale of Class A common stock, all occurring on August 17–18, 2026.
Was the recent RNG insider stock sale by the CFO under a Rule 10b5-1 plan?
Yes. The 1,688-share sale of RingCentral Class A common stock at $65.502 per share on August 18, 2026 was effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2025.
What RSU award did RNG grant to its CFO in lieu of a cash bonus?
RingCentral granted the CFO 3,437 restricted stock units (RSUs) of Class A common stock, fully vested as of the grant date, under the Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the second quarter of 2026.
What prices were involved in the recent RNG insider Form 4 transactions?
The RSU grant to the CFO had a $0.00 per-share acquisition price. Shares remitted for tax withholding were valued at $64.07 per share, and the 1,688-share sale was executed at $65.502 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.