RingCentral (NYSE: RNG) CEO logs 10b5-1 stock sales and RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. CEO and Chairman Vladimir Shmunis reported significant insider activity in Class A common stock. On February 23–24, 2026, he executed open-market sales totaling 141,115 shares at weighted-average prices in the mid-$30s per share under a pre-arranged Rule 10b5-1 trading plan.
On February 20, 2026, he received 4,131 fully vested RSUs granted in lieu of a cash bonus for the fourth quarter of 2025. He also disposed of 39,503 and 99,275 shares in exempt transactions to RingCentral to cover tax withholding from RSU vesting. Following these trades, he directly owned 126,685 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 141,115 shares ($5,007,176)
Net Sell
11 txns
Insider
Shmunis Vladimir
Role
CEO and Chairman
Sold
141,115 shs ($5.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 75,147 | $35.41 | $2.66M |
| Sale | Class A Common Stock | 20,684 | $36.242 | $750K |
| Sale | Class A Common Stock | 25,510 | $34.415 | $878K |
| Sale | Class A Common Stock | 9,339 | $35.52 | $332K |
| Sale | Class A Common Stock | 3,840 | $36.34 | $140K |
| Sale | Class A Common Stock | 6,204 | $37.454 | $232K |
| Sale | Class A Common Stock | 357 | $38.364 | $14K |
| Sale | Class A Common Stock | 34 | $39.34 | $1K |
| Tax Withholding | Class A Common Stock | 99,275 | $39.50 | $3.92M |
| Grant/Award | Class A Common Stock | 4,131 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 39,503 | $39.50 | $1.56M |
Holdings After Transaction:
Class A Common Stock — 147,369 shares (Direct)
Footnotes (1)
- 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 fourth quarter of 2025. 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. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.95 to $34.94, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (10) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.955 to $35.935, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.955 to $36.94, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.96 to $37.90, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.075 to $38.56, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.82 to $35.805, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.83 to $36.745, inclusive.
FAQ
What insider transactions did RingCentral (RNG) report for Vladimir Shmunis?
RingCentral reported that CEO Vladimir Shmunis sold 141,115 Class A shares in open-market transactions on February 23–24, 2026. He also received a fully vested 4,131-share RSU award and made exempt share dispositions to cover tax withholding on RSU vesting.
Were the RingCentral (RNG) CEO stock sales under a 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2025. Such plans pre-schedule trades, allowing executives to systematically sell shares regardless of subsequent nonpublic information.
What RSU award did the RingCentral (RNG) CEO receive in February 2026?
On February 20, 2026, Vladimir Shmunis received 4,131 fully vested RSUs. The footnotes explain these RSUs were granted under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus earned for the fourth quarter of 2025.