RingCentral (RNG) COO granted RSUs, remits shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RingCentral, Inc. President and COO Kira Makagon reported compensation-related equity activity. On February 17, 2026, she acquired 4,131 shares of Class A common stock as fully vested RSUs granted under the Key Employee Equity Bonus Plan in lieu of a cash bonus for the fourth quarter of 2025. On the same date, she disposed of 1,702 shares at $29.00 per share in an exempt transaction to the issuer to cover tax withholding obligations arising from RSU vesting. Following these transactions, she directly owned 416,484 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Makagon Kira
Role
President and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,131 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,702 | $29.00 | $49K |
Holdings After Transaction:
Class A Common Stock — 418,186 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.
FAQ
What insider transactions did RingCentral (RNG) report for Kira Makagon?
RingCentral reported that President and COO Kira Makagon received 4,131 fully vested RSUs on February 17, 2026, as equity compensation, and remitted 1,702 shares back to the company to satisfy tax withholding obligations tied to RSU vesting.
Was Kira Makagon’s RingCentral (RNG) Form 4 transaction an open-market trade?
No. The filing shows a grant of 4,131 fully vested RSUs as compensation and a disposition of 1,702 shares to RingCentral in an exempt transaction under Rule 16b-3(e) solely to cover tax withholding from RSU vesting.
What was the purpose of the 4,131 RSUs granted to Kira Makagon at RingCentral (RNG)?
The 4,131 RSUs granted to Kira Makagon were fully vested on the grant date and were issued under RingCentral’s Key Employee Equity Bonus Plan in lieu of a cash bonus earned for the company’s fourth quarter of 2025.