RingCentral (RNG) Chief Accounting Officer sells 4,830 shares under 10b5-1
Rhea-AI Filing Summary
RingCentral, Inc. reported an insider sale of Class A common stock by its Chief Accounting Officer. On 11/26/2025, the officer sold 942 shares at $28.06 per share. On 12/01/2025, the officer sold an additional 3,888 shares at a weighted average price of $28.698, with individual trades ranging from $28.05 to $28.90 per share.
All transactions were coded as open-market sales and were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2025, which is designed to provide an affirmative defense against insider trading claims when properly followed. Following these sales, the officer beneficially owns 93,412 shares of RingCentral Class A common stock, held directly.
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FAQ
What insider transaction did RingCentral (RNG) disclose in this Form 4?
The filing reports that RingCentral's Chief Accounting Officer sold shares of Class A common stock in two open-market transactions on 11/26/2025 and 12/01/2025.
How many RingCentral (RNG) shares were sold and at what prices?
The officer sold 942 shares at $28.06 per share on 11/26/2025, and 3,888 shares at a weighted average price of $28.698 per share on 12/01/2025, with the latter sales occurring between $28.05 and $28.90 per share.
Was the RingCentral (RNG) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2025.
How many RingCentral (RNG) shares does the insider still own after these sales?
After the reported transactions, the officer beneficially owns 93,412 shares of RingCentral Class A common stock, held directly.
What information is provided about the price range for the 12/01/2025 RingCentral (RNG) trades?
The filing explains that the $28.698 figure is a weighted average price and that the 3,888 shares sold on 12/01/2025 were executed in multiple transactions at prices ranging from $28.05 to $28.90 per share.
What role does the reporting person have at RingCentral (RNG)?
The reporting person is identified as an officer of RingCentral, serving as the company’s Chief Accounting Officer.