RingCentral (RNG) SVP Marlow granted RSU bonus, remits shares for taxes
Rhea-AI Filing Summary
RingCentral, Inc. executive John H. Marlow, SVP and General Counsel, reported routine equity compensation and related tax withholding in Class A Common Stock. He received 4,068 restricted stock units (RSUs), fully vested on grant, as an equity bonus for the first quarter of 2026 in lieu of cash. To satisfy tax withholding from RSU vesting, 9,145 shares were remitted back to RingCentral in an exempt disposition under Rule 16b-3(e), not an open-market sale. After these entries, he directly holds 287,026 Class A shares, which include 923 shares acquired under the Employee Stock Purchase Plan on May 12, 2026, and also has indirect holdings of 12,550 shares and 12,080 shares in family trusts where he and his spouse are co-trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,077 shares
Net Sell
4 txns
Insider
Marlow John H
Role
SVP, CAdO & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,068 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 9,145 | $43.51 | $398K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 287,026 shares (Direct);
Class A Common Stock — 12,080 shares (Indirect, By Trust);
Class A Common Stock — 12,550 shares (Indirect, By Trusts)
Footnotes (5)
- 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 first quarter of 2026.
- F2. Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2026.
- F3. 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.
- F4. Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
- F5. 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
RSU grant: 4,068 shares
Tax-withheld shares: 9,145 shares
Direct holdings after transactions: 296,171 shares
+4 more
7 metrics
RSU grant
4,068 shares
Fully vested RSUs granted as Q1 2026 equity bonus
Tax-withheld shares
9,145 shares
Remitted to issuer to satisfy RSU tax withholding obligations
Direct holdings after transactions
296,171 shares
Class A Common Stock directly owned after RSU grant and withholding
ESPP acquisition
923 shares
Acquired under Employee Stock Purchase Plan on May 12, 2026
Family trust holdings
12,550 shares
Held in The M&M Family 2020 Irrevocable Trust
Children's trusts holdings
12,080 shares
Held in trusts for reporting person’s children
Direct holdings after tax-withholding
287,026 shares
Class A shares directly owned immediately after 9,145-share tax withholding
Key Terms
restricted stock units ("RSUs"), Key Employee Equity Bonus Plan, Employee Stock Purchase Plan, tax withholding obligations, +2 more
6 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") that were fully vested as of the grant date."
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.
Key Employee Equity Bonus Plan financial
"These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus."
Employee Stock Purchase Plan financial
"Includes 923 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs."
Rule 16b-3(e) regulatory
"In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer."
Irrevocable Trust financial
"Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did RingCentral (RNG) executive John H. Marlow report on this Form 4?
John H. Marlow reported routine equity compensation and related tax withholding. He received RSUs as a bonus for Q1 2026 and remitted shares to RingCentral to cover tax obligations from the vesting, while updating his direct and trust-held share balances.
How many RSUs did John H. Marlow receive from RingCentral (RNG) in this filing?
He received 4,068 restricted stock units (RSUs) that were fully vested at grant. The RSUs were issued under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus earned for the first quarter of 2026, reflecting stock-based compensation instead of cash.
What indirect RingCentral (RNG) holdings does John H. Marlow report through trusts?
He reports 12,550 shares held in The M&M Family 2020 Irrevocable Trust and 12,080 shares held in trusts for his children. In both cases, he and his spouse serve as co-trustees, reflecting indirect ownership separate from his direct shareholdings.