RingCentral (NYSE: RNG) CAO trades shares, covers RSU taxes
Rhea-AI Filing Summary
RingCentral, Inc. (RNG) reported that Chief Accounting Officer Tarun Arora disposed of Class A Common Stock in two transactions. On August 20, 2026, he remitted 3,747 shares to the issuer to satisfy tax withholding obligations from vesting Restricted Stock Units, in an exempt disposition under Rule 16b-3(e). On August 21, 2026, he sold 1,876 shares in an open-market or private transaction at $65.26 per share, effected pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 5,623 shares
Net Sell
2 txns
Insider
Arora Tarun
Role
Chief Accounting Officer
Sold
1,876 shs ($122K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 1,876 | $65.26 | $122K |
| Tax Withholding | Class A Common Stock F1 | 3,747 | $65.58 | $246K |
Holdings After Transaction:
Class A Common Stock — 80,384 shares (Direct)
Footnotes (2)
- F1. 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 Restricted Stock Units.
- F2. This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026.
Key Figures
Shares sold: 1,876 shares of Class A Common Stock
Sale price: $65.26 per share
Shares remitted for tax withholding: 3,747 shares
+1 more
4 metrics
Shares sold
1,876 shares of Class A Common Stock
Sale on August 21, 2026 by Chief Accounting Officer Tarun Arora
Sale price
$65.26 per share
Price for 1,876 shares sold on August 21, 2026
Shares remitted for tax withholding
3,747 shares
Exempt disposition to issuer on August 20, 2026 for RSU tax withholding
Rule 10b5-1 plan adoption date
May 22, 2026
Plan under which the August 21, 2026 sale of 1,876 shares was effected
Key Terms
Rule 10b5-1 trading plan, Rule 16b-3(e), Restricted Stock Units
3 terms
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.
Rule 16b-3(e) regulatory
"In an exempt disposition to the issuer under Rule 16b-3(e), the Reporting"
Restricted Stock Units financial
"tax withholding obligations arising out of the vesting of Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What insider transactions did RingCentral (RNG) disclose for Tarun Arora?
RingCentral disclosed that Chief Accounting Officer Tarun Arora remitted 3,747 shares to the issuer on August 20, 2026 for tax withholding on RSU vesting and sold 1,876 shares of Class A Common Stock on August 21, 2026 in an open-market or private transaction.
Were Tarun Arora’s RingCentral (RNG) trades under a Rule 10b5-1 plan?
Yes. The filing indicates the transactions are under a Rule 10b5-1 trading plan, and the sale of 1,876 shares on August 21, 2026 is specifically footnoted as effected pursuant to a Rule 10b5-1 plan adopted on May 22, 2026.
What portion of Tarun Arora’s recent RingCentral (RNG) dispositions were for tax withholding?
Out of the reported transactions, 3,747 shares were remitted to the issuer for tax withholding on RSU vesting, while 1,876 shares were sold in a separate open-market or private transaction at $65.26 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.