RingCentral (RNG) CAO receives RSU award and sells limited shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,615 shares ($155,446)
Net Sell
4 txns
Insider
Arora Tarun
Role
Chief Accounting Officer
Sold
3,615 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | 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 | -- |
Holdings After Transaction:
Class A Common Stock — 89,503 shares (Direct, null)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2025. 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. 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. Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on June 1, 2026. 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
RSU grant: 25,725 units
Open-market shares sold: 3,615 shares
Weighted-average sale price (lot 1): $42.265 per share
+3 more
6 metrics
RSU grant
25,725 units
Restricted Stock Units vesting quarterly over two years from June 1, 2026
Open-market shares sold
3,615 shares
Class A common stock sales on May 29, 2026
Weighted-average sale price (lot 1)
$42.265 per share
1,100 shares of Class A common stock sold
Weighted-average sale price (lot 2)
$43.322 per share
2,515 shares of Class A common stock sold
Tax-withholding shares
4,322 shares
Delivered to issuer at $49.10 per share to satisfy RSU tax obligations
Shares held after transactions
89,503 shares
Direct ownership following June 1, 2026 tax-withholding disposition
Key Terms
Restricted Stock Units ("RSUs"), Rule 10b5-1 trading plan, weighted average price, exempt disposition, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments"
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 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
exempt disposition regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting Person remitted shares"
tax withholding obligations financial
"in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs."
FAQ
What insider transactions did RingCentral (RNG) report for Tarun Arora?
RingCentral reported that Chief Accounting Officer Tarun Arora received an RSU grant and executed small stock sales. He also remitted shares to RingCentral to satisfy tax withholding obligations related to RSU vesting, all while retaining a substantial direct ownership position.
How many RingCentral (RNG) RSUs were granted to Tarun Arora and how do they vest?
Tarun Arora was granted 25,725 Restricted Stock Units. These RSUs will vest in equal quarterly installments over a two-year period starting on June 1, 2026, providing ongoing equity-based compensation tied to continued service with RingCentral.
Were Tarun Arora’s RingCentral (RNG) stock sales pre-planned under Rule 10b5-1?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 14, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as a signal of management’s current view.