RingCentral CAO logs RSU grant and share sales
RingCentral, Inc.’s Chief Accounting Officer Tarun Arora reported a mix of equity compensation and routine trading in Class A common stock.
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Rhea-AI Filing Summary
RingCentral, Inc.’s Chief Accounting Officer Tarun Arora reported a mix of equity compensation and routine trading in Class A common stock. He received a grant of 25,725 Restricted Stock Units that will vest in equal quarterly installments over two years beginning on June 1, 2026.
To cover tax obligations from RSU vesting, he delivered 4,322 shares back to the company at a price of $49.10 per share in an exempt disposition. On the same general timeframe, he sold a total of 3,615 shares in open-market transactions at weighted-average prices of $42.27 and $43.32 per share under a pre-arranged Rule 10b5-1 trading plan, and held 89,503 shares directly after these transactions.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,322 | $49.10 | $212K |
| Sale | Class A Common Stock | 1,100 | $42.265 | $46K |
| Sale | Class A Common Stock | 2,515 | $43.322 | $109K |
| Grant/Award | Class A Common Stock | 25,725 | $0.00 | $0.00 |
Footnotes (5)
- F1. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.86 to $42.83, 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 (2) and (3) to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.88 to $43.75, inclusive.
- F4. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026.
- F5. 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.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Rule 10b5-1 trading plan regulatory
weighted average price financial
exempt disposition regulatory
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RingCentral (RNG) report for Tarun Arora?
How many RingCentral (RNG) RSUs were granted to Tarun Arora and how do they vest?
Were Tarun Arora’s RingCentral (RNG) stock sales pre-planned under Rule 10b5-1?
AI-generated analysis. How Rhea-AI works. Not financial advice.